Streetbeat News

DTGHF

Daimler Truck Holding AG

Industry

Heavy Duty Truck Manufacturing

Open

40.81

Mkt cap

30B

Volume

450

High

40.81

P/E Ratio

8.67

52-wk high

42.79

Low

38.06

Div yield

0.06

52-wk low

32.96

Volvo Group and Daimler Truck have signed a binding agreement to form a joint venture aimed at developing a software-defined vehicle platform and truck operating system. This initiative is set to revolutionize the commercial vehicle industry by enhancing safety, comfort, and efficiency. The joint venture will be headquartered in Gothenburg, Sweden, and is expected to be completed by the first half of 2025, pending regulatory approvals.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 7:31 am

Li-Cycle is supporting Daimler Truck North America (DTNA) in integrating a comprehensive circular economy approach across its operations.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 10:45 am

Li-Cycle has announced a partnership with Daimler Truck North America to recycle lithium-ion batteries. This collaboration aims to enhance sustainability in the electric vehicle industry.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2024 | 10:45 am

Mercedes-Benz Trucks, a division of Daimler Truck Holding AG, has unveiled its electric long-haul truck, eActros 600. The truck has a high battery capacity of over 600 kilowatt hours, enabling it to travel 500 kilometers without charging. The company aims to replace the majority of diesel trucks in the long-haul transport segment with this electric truck. The start of series production is planned for the end of 2024.

Portfolio Pulse from Shivani Kumaresan

October 10, 2023 | 1:30 pm

Daimler Truck Holding AG is searching for a new CFO following the sudden death of Jochen Goetz. Chairman Martin Daum is expected to assume the interim CFO role. Goetz was instrumental in the spin-off of Daimler Truck from Mercedes-Benz Group in December 2021. Daimler Truck's Q1 2023 revenue increased by 25% Y/Y to €13.2 billion. DTRUY shares are currently trading lower by 0.96% at $18.53.

Portfolio Pulse from Shivani Kumaresan

August 14, 2023 | 5:28 pm

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