Daimler Truck's New Orders in Q1 2026 Increase by 50% Year-on-Year
2026-05-08 14:07
Favorite

en.Wedoany.com Reported - Germany-based Daimler Truck Holding AG released its first quarter 2026 financial report on May 6, 2026, revealing that new orders during the reporting period surged by 50% year-on-year to 114,043 units. Among these, orders for the North American truck business climbed 86% year-on-year, while orders for Mercedes-Benz trucks increased by 33% year-on-year.

In the first quarter of 2026, the overall performance of the Daimler Truck Group was impacted by pressure on the North American truck business. Revenue from the industrial business during the reporting period amounted to €9.1 billion, with group unit sales reaching 68,849 vehicles, among which sales of battery-electric trucks and buses saw a year-on-year increase. The group's adjusted EBIT was €498 million, and the adjusted return on sales for the industrial business stood at 5.0%.

Due to a decline in new orders last year, the North American truck business experienced a year-on-year decrease in both unit sales and revenue for the first quarter. The Mercedes-Benz Trucks business saw revenue increase by 4% and unit sales grow by 13% year-on-year, driven by favorable demand in the EU30 countries and India. The Daimler Buses business saw its first-quarter unit sales decline year-on-year, affected by weakening markets in Latin America and Mexico.

Daimler Truck confirmed its full-year guidance for fiscal year 2026 remains unchanged, expecting an adjusted return on sales for the industrial business in the range of 6% to 8%.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com