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Private company

Daimler Truck

Logo: Daimler Truck Holding AG, Public domain, via Wikimedia Commons4

German commercial vehicle manufacturer

Daimler Truck AG (holding company legal name Daimler Truck Holding AG) is the world's largest commercial vehicle manufacturer, with over 35 main locations worldwide and approximately 100,000 employees. Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany. It was a part of Daimler AG from November 2019 to December 2021.2 Its chief executive is Martin Daum (since 2019).1 Its revenue was €55.9 billion in 2023.1 It is part of Mercedes-Benz Group.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Nov 1, 2019Founded1
  • Industryautomotive industry1
  • HeadquartersLeinfelden-Echterdingen1
  • Founded inStuttgart1
  • Websitewww.daimlertruck.com
  • Legal formAktiengesellschaft1
  • Listed onFrankfurt Stock Exchange (DTG)1
  • LEI529900HWPVQ42PJZBV223
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressFasanenweg 10, 70771 Leinfelden-Echterdingen, Germany3
  • Registered withLocal Court Stuttgart, HRB 7628843

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Stuttgart Daimler Untertuerkeim
Photo: MSeses, CC BY-SA 3.0, via Wikimedia Commons6

Daimler Truck AG (holding company legal name Daimler Truck Holding AG) is the world's largest commercial vehicle manufacturer, with over 35 main locations worldwide and approximately 100,000 employees. Daimler Truck AG is headquartered in Leinfelden-Echterdingen, Germany. It was a part of Daimler AG from November 2019 to December 2021.2

Corporate structure

Daimler Truck is part of a group headed by Daimler Truck Holding AG. 45 entities, 17 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Daimler Truck Holding AG Leinfelden-Echterdingen, Germany
    • Daimler Buses Leinfelden-Echterdingen, Germany
    • Daimler Truck Leinfelden-Echterdingen, Germany
    • Daimler Truck North America Portland, Oregon, United States
    • Mitsubishi Fuso Truck and Bus Corporation 川崎市, Japan
    • Thomas Built Buses High Point, North Carolina, United States
    • Banco Mercedes-Benz do Brasil S/A Subsidiary · Sao Bernardo Do Campo, Brazil
    • DAIMLER FINANCIAL SERVICES Subsidiary · Cuajimalpa De Morelos, Mexico
    • DAIMLER FINANCIAL SERVICES MEXICO Subsidiary · Cuajimalpa De Morelos, Mexico
    • DAIMLER INDIA COMMERCIAL VEHICLES PRIVATE LIMITED Subsidiary · Oragadam, India
    • DAIMLER MEXICO SA DE CV Subsidiary · Ciudad de México, Mexico
    • Daimler Truck Belgium Luxembourg Subsidiary · Zaventem, Belgium
    • DAIMLER TRUCK ESPANA SL (DAIMLER TRUCK ESPAÑA SL) Subsidiary · San Fernando De Henares, Spain
    • DAIMLER TRUCK FINANCE CANADA INC. Subsidiary · Toronto, Ontario, Canada
    • DAIMLER TRUCK FINANCE NORTH AMERICA LLC Subsidiary · Portland, Oregon, United States
    • Daimler Truck Financial Services Australia PTY LTD Subsidiary · Mulgrave, Australia
    • DAIMLER TRUCK FINANCIAL SERVICES BELGIUM Subsidiary · Sint-Lambrechts-Woluwe, Belgium
    • Daimler Truck Financial Services Deutschland GmbH Subsidiary · Berlin, Germany
    • DAIMLER TRUCK FINANCIAL SERVICES FRANCE Subsidiary · Montigny-le-Bretonneux, France
    • Daimler Truck Financial Services Nederland B.V. Subsidiary · Nieuwegein, Netherlands
    • DAIMLER TRUCK LOCACOES E SERVICOS LTDA Subsidiary · Pauliceia, Sao Bernardo Do Campo, Brazil
    • DAIMLER TRUCK SOUTHERN AFRICA Subsidiary · Centurion, South Africa
    • DAIMLER TRUCKS RETAIL TRUST 2023-B Subsidiary · Ft. Worth, Texas, United States
    • Daimler Trucks Retail Trust 2025-A Subsidiary · Ft. Worth, Texas, United States
    • DAIMLER VEHICULOS COMERCIALES MEXICO Subsidiary · Cuajimalpa de Morelos, Mexico
    • MERCEDES BENZ KAMYON FINANSMAN ANONIM SIRKETI (MERCEDES BENZ KAMYON FİNANSMAN ANONİM ŞİRKETİ) Subsidiary · Esenyurt, Turkey
    • and 3 more

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Daimler Truck reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

The Daimler Truck and Daimler Buses divisions include the eight vehicle brands BharatBenz, Freightliner, FUSO, Mercedes-Benz, RIZON, Setra, Thomas Built Buses and Western Star. Daimler Truck is the global market leader in the medium and heavy-duty truck segment with a gross vehicle weight of over 6 tons. In 2019, around 489,000 vehicles were delivered in this segment. Financial and mobility services are offered via the Daimler Truck Financial Services division.

Daimler Truck was established in 2019 as a subsidiary of Daimler AG. In February 2021, Daimler announced its planned to spin off Daimler Truck into a separate listed company. The spin-off was approved by its shareholders on 1 October 2021. Following this, Daimler Truck Holding AG was incorporated to manage assets owned by Daimler Truck AG, and Daimler AG retained 35% of shares in the new company, with 5% being transferred to its pension trust. A separate website for the Daimler Truck company was launched on December 1, and the company went public on 10 December.

On June 2 2025, Archion was established in Japan, and became operational on April 1 2026 to align with the Japanese fiscal year. Daimler Truck and Toyota, respectively the parent companies of Fuso and Hino, each own 25% of Archion.

On July 1, 2025, it became known that Daimler Truck was placed on Russia's sanctions list due to alleged deliveries to Ukraine.

From Wikipedia’s article on Daimler Truck, shared under CC BY-SA 4.0.5

Leadership

Who has led Daimler Truck, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Martin Daum2019–now

Chair

  1. Joe Kaeser2021–now
20202025

Products and brands

  • bus
  • coach
  • truck

Listed on Wikidata.1

Brands

Mercedes-Benz - light, medium and heavy trucks, buses (brand in Germany)

Freightliner - medium and heavy trucks, vans

Western Star - heavy trucks

Thomas Built Buses - school buses

Read the full text

Setra - buses

BharatBenz - medium and heavy trucks, buses (brand in India)

Detroit Diesel - medium and heavy-duty powertrain (brand in United States)

TruckStore - used vehicles, financing, leasing, rental, warranty and service contracts, and buyback

Fleetboard - telematics and connectivity

Locations

Daimler Truck has a worldwide network of production plants and research centres. The following list is a description of all locations worldwide that include a Daimler Truck plant, including plants for the subsidiaries EvoBus, Daimler Trucks North America, Detroit Diesel, Freightliner Trucks, and Mitsubishi Fuso Truck and Bus Corporation.

From Wikipedia’s article on Daimler Truck, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Owners

Subsidiaries

Divisions

Also owns

Former owners and parents

Parent company (GLEIF)

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. 2019Acquired Kamaz1

Employees over time

Daimler Truck employees by year1104.4K in 2023+5% since 2019
050.0K100.0K150.0K2019: 99.0K99.0K20192020: 98.3K98.3K2020−1%2021: 99.8K99.8K2021+2%2022: 104.7K104.7K2022+5%2023: 104.4K104.4K2023−0%
  • 2023104,4161
  • 2022104,7291
  • 202199,8491
  • 202098,2801
  • 201999,0211

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Daimler Truck revenue by year155.9B EUR in 2023+28% since 2018
020.0B EUR40.0B EUR60.0B EUR2018: 43.7B EUR43.7B EUR20182019: 46.2B EUR46.2B EUR2019+6%2020: 36.0B EUR36.0B EUR2020−22%2021: 39.8B EUR39.8B EUR2021+10%2022: 50.9B EUR50.9B EUR2022+28%2023: 55.9B EUR55.9B EUR2023+10%
  • 202355.9B EUR1
  • 202250.9B EUR1
  • 202139.8B EUR1
  • 202036.0B EUR1
  • 201946.2B EUR1
  • 201843.7B EUR1

Net income

Daimler Truck net income by year13.8B EUR in 2023+109% since 2018
-1.0B EUR01.0B EUR2.0B EUR3.0B EUR4.0B EUR2018: 1.8B EUR1.8B EUR20182019: 1.7B EUR1.7B EUR2019−4%2020: -143.0M EUR-143.0M EUR20202021: 2.3B EUR2.3B EUR20212022: 2.7B EUR2.7B EUR2022+14%2023: 3.8B EUR3.8B EUR2023+42%
  • 20233.8B EUR1
  • 20222.7B EUR1
  • 20212.3B EUR1
  • 2020-143.0M EUR1
  • 20191.7B EUR1
  • 20181.8B EUR1

Timeline

  1. Jul 29, 2024Parent Directly consolidated by Daimler Truck Holding AG3
  2. Dec 10, 2021Went public Listed on Frankfurt Stock Exchange1
  3. Nov 1, 2019New chief executive Martin Daum becomes CEO1
  4. Nov 1, 2019Founded Founded in Stuttgart1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
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