Daimler Truck’s Q3 sales rise 26% as North America and Europe grow

Daimler Truck reported a 26% increase in vehicle sales for the third quarter, driven by growing demand in North America and Europe, hinting at a potential positive outlook for the second half of the year. The company sold a total of 91,260 trucks between July and September, up from 72,277 units in the same period last year. In its two most significant truck divisions, sales at Trucks North America increased by 51% and Mercedes-Benz Trucks rose by 13%.

However, Daimler Buses experienced a decline in sales, falling by 16% to 5,394 units, while battery-electric vehicle and bus deliveries dropped by 28% to 1,207 units. Management had already raised its full-year sales forecast in August, citing stronger prospects in North America as a potential factor in the rising sales figures.