The German automotive firm Daimler Truck has sold 15% of its shares in Russian lorry manufacturer Kamaz. Source: Kamaz CEO Sergei Kogogin in an interview with the Russian outlet Vedomosti Details: Daimler Truck is part of the Mercedes-Benz Group (formerly Daimler AG) and was the last of the large Western automakers to completely divest from Russia since the spring of 2022.
German commercial vehicle manufacturer Daimler Truck and the state-owned Emirati energy company Masdar are examining a cooperation agreement to supply renewable hydrogen to Europe. Daimler Truck and Masdar have signed a letter of intent toward the deal, the companies announced on Thursday. The Abu Dhabi-based Masdar said the agreement supports the goal of the United Arab Emirates (UAE) becoming a leading producer and supplier in the low-carbon hydrogen market by 2031. Daimler Truck chief executi
German lorry manufacturer Daimler Truck sold more vehicles last year despite difficult economic conditions, the company announced on Monday. Sales rose by 1% in 2023 compared to the previous year, according to Daimler Truck, reaching 526,053 lorries and buses sold. Daimler Truck saw sales rise by 4% in North America, the company's largest and most lucrative market. But sales of Mercedes Benz-branded trucks in South America and Europe fell by 5%. In Asia, sales rose by 3%, the company reported. D
Daimler: The eCascadias, operating with tank-to-wheel 100% all-electric capability, are poised to reduce diesel fuel consumption by an impressive 150,000 liters (40,000 gallons) annually. This aligns with RCCB s broader initiative to cut carbon emissions by 30% by 2030.