Daimler Truck will launch the second up to $1.3 billion tranche of its share buyback programme immediately after completing the first by mid-September. The truck maker also confirmed its pre-announced second-quarter results, including an 18% drop in its adjusted operating profit to $967 million.
Expansion Plans
The owner of U.S. truck brand Freightliner said it would build a new manufacturing facility in the U.S. as part of a plan to expand its North American footprint. It is evaluating several potential locations and expects to start construction in late 2026, with production scheduled to start in 2029.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
