The car manufacturer Mercedes-Benz could increase its stake in the truck manufacturer Daimler trucks reduce gradually. Mercedes currently holds around 30 percent of Daimler Truck, which could only be sold after the end of a holding period of 36 months since the partial IPO, i.e. at the end of this year, explained CFO Harald Wilhelm (58) at the general meeting on Wednesday.
“A possible sale is a possible option,” he added. However, no decision has been made on this yet.
The commercial vehicle manufacturer Daimler Truck , sales and profits went up. CEO Martin Daum (64) sees the truck manufacturer on track, as he announced last Friday. Investors are still skeptical. New orders from the Swabians have been declining for some time now, partly because the strong orders from and after the Covid pandemic have ebbed. In the first quarter, incoming orders in the group fell by 14 percent to 105,807 vehicles.
Källenius: China remains the most important market
To questions from shareholders on the recent weakness of business in China
said CEO Ola Källenius (54), China is and remains Mercedes-Benz’s most important market.
The brand with the star wants to maintain its strong position in the luxury segment. India Although there is growth – Mercedes sales grew by ten percent to 17,400 vehicles in 2023 – the sales volume there will be significantly below that of the large markets in the foreseeable future USA and China lie.
Car manufacturers like Volkswagen and Mercedes are currently experiencing a first quarter to forget, as manager magazine reports
has. Sales, sales, profits – everything is declining. The car manufacturers’ CFOs are reassuring that things will get better as the year progresses.
In the car business, Mercedes is weakening in sales, selling around 463,000 units, almost 8 percent less than in the previous year.