In the 2021 fiscal year, the total revenue of Daimler Truck amounted to over 39.7 billion euros. Some 16.2 billion euros of this revenue was generated by its North American operations.
In December 2021, Daimler Truck was spun off the Daimler Group and was listed as an independent company on the Frankfurt Stock Exchange. This division was one of the largest spin-offs to occur in Germany. Daimler Truck is one of the world’s largest commercial vehicle manufacturers, with over 40 manufacturing facilities and approximately 100,000 employees worldwide.
Daimler truck is not the only manufacturer that follows an eco-friendly approach. Worldwide competitors of the company, the Sweden-based Volvo Group and fellow German truck manufacturer Volkswagen AG, have also been attempting to electrify their fleet. In particular, Volvo launched its brand-new electric truck series in 2020. Since then, the Volvo Group has seen a considerable increase in its truck order intake, amounting to just under 262,900 units of commercial vehicles in the 2021 fiscal year.
Daimler Truck’s revenue between FY 2020 to FY 2021, by region
(in million euros)
Characteristic
Europe
North America
Asia
Latin America
Other markets
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Daimler Truck. (March 24, 2022). Daimler Truck’s revenue between FY 2020 to FY 2021, by region (in million euros) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1301239/revenue-of-daimler-truck-by-region/
Daimler Truck. "Daimler Truck’s revenue between FY 2020 to FY 2021, by region (in million euros)." Chart. March 24, 2022. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1301239/revenue-of-daimler-truck-by-region/
Daimler Truck. (2022). Daimler Truck’s revenue between FY 2020 to FY 2021, by region (in million euros). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1301239/revenue-of-daimler-truck-by-region/
Daimler Truck. "Daimler Truck’s Revenue between Fy 2020 to Fy 2021, by Region (in Million Euros)." Statista, Statista Inc., 24 Mar 2022, https://www.statista.com/statistics/1301239/revenue-of-daimler-truck-by-region/
Daimler Truck, Daimler Truck’s revenue between FY 2020 to FY 2021, by region (in million euros) Statista, https://www.statista.com/statistics/1301239/revenue-of-daimler-truck-by-region/ (last visited August 24, 2024)
Daimler Truck’s revenue between FY 2020 to FY 2021, by region (in million euros) [Graph], Daimler Truck, March 24, 2022. [Online]. Available: https://www.statista.com/statistics/1301239/revenue-of-daimler-truck-by-region/