Daimler Truck is getting closer and closer to permanently separating from the parent company Daimler. The process of spin off which will lead the bus and truck division of the German group to give life to an independent unit is about to be completed: Daimler has decided to move in this direction in order to enhance the Mercedes-Benz brand, strengthening its image, increasingly specialized in premium segment electric cars. A hypothesis that had been circulating in the minds of the leaders of the German group for several years, and which is now about to become a reality.
Daimler, near the spin-off of the Truck division
The spin-off could also do a great favor to Daimler Truck, which annually generates around 45 billion euros in turnover, sells over half a million trucks and buses and is on the podium of the major truck manufacturers with Volvo and the subsidiary. of Volkswagen, Man-Scania. Once the spin-off process is complete, Daimler Truck will be ready for be listed on the stock exchange: as mentioned by the Corriere della Sera on newsstands this morning, the demerger will be finalized by the end of the year and will greatly benefit the shareholders of the old Daimler, as a large part of the capital will be returned to them with the distribution of the shares while the rest will be listed on the Frankfurt Stock Exchange. Electric and hydrogen: the two solutions on which Daimler Truck will focus are these, in a process that has already started which also includes a technological upgrade.