German Handelsblatt: Commercial vehicle manufacturer: Daimler Truck promises higher margins before going public

Test of an autonomously driving Daimler truck

It is still completely open whether Daimler can maintain its market leadership in the electric age.

(Photo: via REUTERS)

Munich It was almost exactly a year ago. The approximately 170,000 employees of Daimler in Germany were already longing for the Christmas holidays when the two most important board members of the car manufacturer pondered a step that would change everything in Stuttgart.
During the informal conversation, Daimler CEO Ola Källenius and CFO Harald Wilhelm quickly agreed: The days of the conglomerate are numbered. The two managers decided in secret to split the Dax group into two parts: the business with cars and vans and that with trucks and buses.

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