Business

Daimler Truck Faces 8% Drop in Global Q1 Deliveries Amid Shifting Market Dynamics

Daimler Truck AG Reports Decline in Q1 2025 Sales

In a recent announcement, Daimler Truck AG revealed an 8% decrease in global sales for the first quarter of 2025 compared to the previous year. The company sold 99,812 units, down from 109,911 in the same period of 2024. Notably, battery-electric vehicle sales also saw a 7% decline, totaling 759 units.

Regional Sales Performance Highlights

Mercedes-Benz Trucks experienced a significant 18% drop in deliveries, with 33,446 units sold. Similarly, Trucks North America reported a 16% decrease, selling 38,992 vehicles. On a brighter note, Trucks Asia enjoyed a 16% increase in sales, reaching 24,772 units, and Daimler Buses saw an 11% rise, with 6,206 vehicles delivered.

Market Reaction

Following the report, Daimler Truck's stock price slightly declined by 0.37%, settling at €32.73 per share.