Sales, revenue up at Daimler in early 2018

7% jump in vehicle sales helps Daimler bottom-line

daimler trucks brands

Daimler Trucks has helped lift the fortunes of the wider Daimler operation across the first quarter of 2018.

The German vehicle manufacturers have reported their first quarter sales and earnings data and it shows Daimler handed over 806,900 vehicles globally.

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That number represents a strong 7% increase in unit sales compared to the same period last year.

The increase helped lift revenue by 3% to $63.6 billion AUD.

But while car sales were strong, Daimler Trucks was the star of the quarter.

Daimler-owned truck brands, including Mercedes-Benz, Fuso and Freightliner, handed over 113,800 vehicles in the first-quarter, a strong 21% increase on the same period last year.

The extra sales helped Daimler Trucks’ revenue increase to $13.7 billion AUD.

Unit sales by Daimler Buses increased in the first quarter by 6% to 5,700 buses and bus chassis.

Related: Chinese auto giants make big Daimler investment

Stay up to date with the latest Mercedes-Benz Trucks News at heavyvehicles.com.au.



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