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Topic: daimler-truck

A Mercedes-Benz articulated truck, one of Daimler Truck's brands

Wednesday, 7/8, 10:37 AM

Daimler Truck Posts an 8% Jump in Deliveries and Launches a €2 Billion Buyback

Daimler Truck, the world's largest truckmaker, said second-quarter deliveries rose 8% to 86,707 vehicles, driven by a recovery in North America, and announced a share buyback of up to €2 billion.
The capital return, funded by cash from a Japanese joint venture, signals management confidence as the freight cycle steadies.

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