Daimler Truck

Daimler Truck

Manufactures commercial trucks and buses worldwide

Overview

Company Does Not Provide H1B Sponsorship

Daimler Truck designs and manufactures commercial vehicles across brands Mercedes-Benz, Setra, Freightliner, Western Star Truck, Thomas Built Buses, FUSO, BharatBenz, and RIZON. It offers a broad lineup of heavy-duty trucks and buses for freight and passenger use, with brand-specific configurations and powertrain options. The company differentiates itself by presenting a global portfolio under one umbrella, covering multiple brands and regional offerings. Its goal is to inform customers and stakeholders about the full product range and related news across all brands.

Significant Headcount Growth

About Daimler Truck

Simplify's Rating
Why Daimler Truck is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Financial Services

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Leinfelden-Echterdingen, Germany

Founded

2016

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Simplify's Take

What believers are saying

  • Second-quarter 2026 orders rose 27%, and full-year guidance increased on stronger demand.
  • North America orders jumped 156% in Q2 2026, lifting 2026 unit-sales outlook.
  • Financial Services signed €2.6 billion of new contracts in Q2 2026, supporting earnings.

What critics are saying

  • Daimler Truck North America will close Portland truck production by October 2026, cutting 375 jobs.
  • Europe's Cost Down program targets 5,000 German jobs by 2030, signaling structural weakness.
  • Autonomous and hydrogen bets require flawless 2026-2027 execution; delays burn capital and cede rivals.

What makes Daimler Truck unique

  • Daimler Truck pairs Freightliner scale with Torc's 2027 Level 4 autonomous truck program.
  • Its 2026 UK eStar acquisition expands own-retail service control across Europe.
  • €226 million hydrogen funding backs 100 fuel-cell trucks starting late 2026.

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Funding

Total Funding

$248.6M

Above

Industry Average

Funded Over

1 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Life Insurance

401(k) Company Match

Paid Vacation

Paid Holidays

Parental Leave

Professional Development Budget

Company Social Events

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

4%

2 year growth

4%
Daimler Truck
May 19th, 2026
Daimler Truck receives funding for fuel cell trucks from German federal and state governments

The Federal Ministry for Digital and Transport (BMDV) and the federal states of Baden-Württemberg and Rhineland-Palatinate approve funding totaling € 226 million for the development, small-series production and customer deployment (operation an…

Associated Press
May 14th, 2026
Platform Science first to achieve Canadian ELD certification on Daimler Truck's factory-installed CTP2 platform

Platform Science has become the first company to achieve Canadian electronic logging device certification on Daimler Truck North America's factory-installed Common Telematics Platform 2. The certification enables fleets operating Freightliner and Western Star vehicles equipped with CTP2 to run integrated compliance solutions across the US and Canada without aftermarket hardware. CTP2 is DTNA's factory-installed telematics platform available in Fourth Generation Freightliner Cascadia, Freightliner Plus series and Western Star X-Series vehicles. The certification allows fleets to use Platform Science's ELD natively, simplifying compliance for Canadian and cross-border operations. Built on Platform Science's Virtual Vehicle platform, the solution provides a unified system for compliance, telematics and driver applications. Canadian ELDs must be independently certified by third-party bodies accredited by the Minister of Transport and undergo annual retesting.

Daimler Truck
May 7th, 2026
Daimler Truck strengthens its Own Retail Business in Europe: Expanding into the UK through the acquisition of eStar Truck & Van Ltd.

Customer focus as a top priority: Daimler Truck continues its strategic expansion of corporate owned retail and service centers (Own Retail) across Europe and announces the acquisition of eStar Truck & Van Ltd., marking the company’s entry into …

Associated Press
May 6th, 2026
Aeva delivers Atlas LiDAR C-samples to Daimler Truck for autonomous Class 8 production

Aeva has delivered initial C-sample units of its Atlas 4D LiDAR sensors to Daimler Truck North America and Torc Robotics, marking a significant milestone towards series production of SAE Level 4 autonomous Class 8 semi-trucks. Aeva is the exclusive long-range LiDAR supplier for autonomous Freightliner Cascadia trucks in North America. The Atlas sensor uses Frequency Modulated Continuous Wave technology to simultaneously measure range and velocity for every detected point, enabling long-range detection up to 500 metres. This allows autonomous trucks to perceive hazards at highway speeds and distinguish moving objects from static elements. The C-sample delivery represents a critical step as Aeva and Daimler Truck continue integration, validation and system optimisation ahead of series production deployment.

PR Newswire
Feb 24th, 2026
Cognizant tapped to transform global workplace services with AI for major commercial vehicle manufacturer

Cognizant has been selected by one of the world's largest commercial vehicle manufacturers to transform its global workplace services through a multi-year partnership. The initiative will deploy Cognizant WorkNEXT™, an AI-powered digital platform designed to modernise workplace operations across factories and offices worldwide. The collaboration aims to enhance efficiency, adaptability and user satisfaction by leveraging artificial intelligence and automation. WorkNEXT™ combines AI-first approaches with zero-touch and high-touch support to create adaptive, human-centric workplaces. "By applying artificial intelligence at the core of the workplace, alongside automation, human-centric design and responsible governance, we are helping enable a more intelligent, resilient and future-ready environment," said Ravi Kumar S, Cognizant's chief executive officer.

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