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.

Denis Güven (42) is to take over as the new CEO of Mercedes-Benz do Brazil in São Paulo, and will succeed Achim Puchert, who is appointed CEO of Mercedes-Benz Trucks.

Designed for applications such as urban construction, regional transport, and operations in areas with strict emissions regulations, the eArocs 400 combines rugged capability with quiet, emissions-free operation.

The plan is to list a joint holding company in 2026.

These tests are designed to ensure the vehicle meets the durability standards of conventional diesel trucks, aiming for 1.2 million kilometres of operation over ten years.

The expanded BharatBenz lineup is now with the 'TorqShift' AMT, adapted from Mercedes-Benz trucks and proven in Daimler heavy-duty vehicles.

Rådström was appointed to the board on 1 January, joining John O’Leary, president and CEO of Daimler Truck North America; Stefan Kürschner, CFO of Daimler Truck NA; and Peter Vaughan Schmidt, the CEO of Torc.

Daimler announced decreased sales in 2024, with 460,409 trucks and buses sold compared with 526,053 in 2023, a 12% decrease. This is a rocky start for recently appointed CEO Karin Rådström, who succeeded Martin Daum late last year.