Group 1 - Daimler Truck's sales in the Trucks North America segment decreased by nearly 40% year-over-year, totaling 30,225 units in the third quarter [1] - Overall group sales for Daimler Truck fell to 98,009 trucks and buses from 114,917 in the same quarter last year [3] - Shares of Daimler Truck declined by 2% following the release of the sales results [1] Group 2 - The German automotive sector is currently facing challenges due to U.S. import tariffs, which are set to increase to 25% for medium- and heavy-duty trucks starting November 1 [2] - The initial announcement of the 25% tariffs, which was supposed to start on October 1, negatively impacted shares of Daimler Truck and its German competitor Traton [2] - Despite the tariffs, Daimler Truck has U.S. manufacturing capabilities and may benefit through its U.S.-based Freightliner division [3]
Daimler Truck's North America sales shrink in Q3
Yahoo Financeยท2025-10-08 09:07