For the fleet operator, it enables better oversight, helps optimise logistics, and supports cost savings through efficiency and proactive service planning.

Truck-maker looks to strengthen its operations ahead of the merger with Hino.

Poppe will oversee investor relations from September 2025, taking on treasury responsibilities from July 2026, ensuring coherent financial communication.

The agreement includes provisions for land, workforce support, and tax incentives, and forms part of “a broader German-Senegalese development and climate partnership”.

According to Daimler, “among the announced additions are semitrailer tractors and platform‑chassis models featuring extended wheelbase configurations, alternative long‑cab designs with different roof profiles, and options with just two battery packs instead of the standard three.”

The restructuring reflects broader trends in the German automotive sector, where legacy OEMs face rising competition, high wage costs, higher energy prices and a growing urgency to adapt to the post-ICE era.

The first units have been delivered to Italian transport company, LC3 Trasporti, as part of a 30 vehicle order. This is part of Daimler’s strategy to promote and sell its flagship battery electric HGV.

Vaidya will oversee the company's IT strategy, ensuring technology systems support manufacturing, logistics, and connected vehicle services. This includes overseeing cybersecurity, cloud computing, and data analytics to improve efficiency, innovation, and customer experience.

The joint venture’s primary objective will be to build the “non-differentiating core” of the software-defined truck: a standardised digital platform and dedicated commercial vehicle operating system which will be open to Daimler and Volvo’s competitors.

According to details shared at the press conference, the new Tokyo-based holding company will see Daimler Truck and Toyota each holding a 25% stake, with Hino and Fuso operating as wholly-owned subsidiaries.

This venture aims to bridge the gap between limited public infrastructure and private depot charging by allowing depot operators to open their chargers to outside users during downtime.

Decreased sales in 2024, with 460,409 trucks and buses sold compared to a record 526,053 in 2023, a 12% decrease. Revenues were down EUR 1.2 billion in 2024 posting EUR 54.1 billion (2023: EUR 55.9 billion). Adjusted Group EBIT in 2024 declined by 14.97% to EUR 4,667 million compared with EUR 5,489 million in the previous year.