30
Novembre
2010
|
01:00
Europe/Amsterdam

Profitable Growth at Daimler Trucks - Returns Target of Eight Percent Is Within Reach

  • Board of Management member Andreas Renschler: "A return on sales of eight percent is within reach for Daimler Trucks across the entire business cycle."

  • The world's largest truck manufacturer is maintaining its position through a long-term strategic approach

  • Significant growth in the triad markets, consistent globalization strategy in the emerging markets

  • Daimler Buses, the world's biggest and most profitable bus manufacturer, has an RoS target of six percent throughout the cycle

The positive trend in the commercial vehicle sector, which last year had to cope with an average sales decline of 50 percent, was confirmed in the figures from Daimler Trucks for the third quarter of 2010. Compared to the result posted for the same quarter last year, Daimler Trucks' sales increased by 44 percent to 94,800 units.

By the end of September 2010, total sales at Daimler Trucks were up by 34 percent to 249,000 units, compared to the total sales of 185,600 units in the same period of last year.

Daimler Trucks also expects the global truck markets to see further recovery by the end of the year. It forecasts market growth of five percent in Europe, ten to 15 percent in the NAFTA region, 50 percent in Brazil, and between 20 and 30 percent in Japan.

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