Daimler truck
At Daimler, cars and trucks have so far come from the same house.
(Photo: dpa)
Stuttgart In the course of the splitting up of the Daimler group, the truck and bus business is to be brought to the Frankfurt stock exchange on December 10th. Daimler Truck expects to qualify for the Dax stock market index in the first quarter of next year, announced Daimler on Thursday in Stuttgart. The group had already announced the IPO of Daimler Truck, but had not yet given a date.
The Stuttgart group is currently being rebuilt: Mercedes cars and trucks will soon be running separately as independent companies. Daimler shareholders are to be given additional shares in Daimler Truck.
With the separation, Daimler wants to strengthen the value and competitiveness of the previous divisions. The entire industry faces risks and challenges due to billions in investments in e-cars and self-driving vehicles.
At Daimler, cars and trucks have so far come from the same house. The truck business at Daimler has roots that go back to the 19th century. It has long been overshadowed by the larger and more prestigious auto business. Daimler Truck sees itself as the world market leader in commercial vehicles and has over 100,000 employees.
Top jobs of the day
Find the best jobs now and be notified by email.
Detect location
More: Daimler Truck starts series production of electric trucks
dpa