Global Sales Decline

Daimler Truck AG has reported a significant 8% decrease in global sales for the first quarter of 2025, compared to the same period last year. The company sold 99,812 units, down from 109,911 vehicles in Q1 2024. This downturn reflects broader challenges in the automotive sector.

Electric Vehicle Sales Dip

Adding to the concerns, Daimler's battery-electric vehicle sales fell by 7% year-over-year, totaling just 759 units. This decline raises questions about the pace of electric vehicle adoption in the commercial vehicle segment.

Regional Performance Varied

The Trucks North America and Mercedes-Benz Trucks units saw declines of 16% and 18%, respectively. However, Trucks Asia and Daimler Buses bucked the trend with sales increases of 16% and 11%, showcasing regional disparities in market performance.

Stock Market Reaction

Following the announcement, Daimler Truck's stock price experienced a slight drop of 0.37%, settling at €32.73 per share. Investors are keenly watching how the company plans to address these challenges moving forward.