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Daimler Truck's Q3 Profit Declines 40%, European Growth Persists

Daimler Truck's Q3 Profit Declines 40%, European Growth Persists

Post by : Bianca Haleem

Daimler Truck revealed a significant 40% decrease in its operating profit for the third quarter on Friday, underscoring the ongoing difficulties in its North American operations, although European markets are showing a rebound.

The company's adjusted earnings before interest and taxes (EBIT) totaled 716 million euros ($835 million), falling slightly short of analyst predictions of 729 million euros. However, order volumes remained stable at 93,923 units, buoyed by a recovery in North America following a weaker second quarter and encouraging demand signals from Europe.

The Trucks North America segment experienced a 64% drop in operating profit, totaling 257 million euros. This figure, while surpassing analyst expectations of 240 million euros, reflects the ongoing effects of lower freight activity and market uncertainties linked to import tariffs.

Meanwhile, Mercedes-Benz Trucks reported an adjusted EBIT of 319 million euros, short of the anticipated 329 million euros. The firm emphasized the resilience in European markets, which helped mitigate the decline in demand from North America.

Despite these varied results, Daimler Truck reaffirmed its full-year projections, expressing confidence that stable order volumes and regional recoveries are likely to help achieve its annual goals.

Nov. 7, 2025 1:08 p.m. 2021
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