Daimler Trucks prepares for independence
By Jim Gibbins - 1st April 2021
Germany - In preparation for its spin-off from Daimler AG and an independent listing on the Frankfurt stock exchange planned for late 2021, Daimler Truck AG has announced the composition of its new Board of Management and a series of significant management and organisational changes, set to take place as of July 1, 2021. The changes are designed to increase Daimler Truck AG’s efficiency, decision making speed and ability to serve customer requirements globally.
To accelerate the pace of technological development and serve the needs of its customers in each region, Daimler Truck AG has decided to realign its business structure. Operating units and brands which are globally active in the most important sales regions of North America (Freightliner, Western Star, Thomas Built Buses), Europe & Latin America (Mercedes-Benz Trucks) and Asia (FUSO & BharatBenz), will be given more entrepreneurial independence and room to manoeuvre in the future.
