In looking specifically at North America, he noted Daimler has a “huge Mexican base” that includes both the selling of trucks to fleets and manufacturing vehicles for export.
Roger Nielsen, president and CEO of DTNA, said that pricing would not be altered for existing orders, but that tariffs would increase production costs.“Those costs eventually … find their way through the whole value chain,” he said.
Nielsen was hesitant to make any predictions on whether this could hurt truck sales moving forward, since “freight needs to be moved” and many fleets simply need to replace their older equipment.
With healthy backlogs at its factories, Nielsen noted DTNA is actively monitoring the supply chain, and working to identify any bottlenecks to ensure suppliers “are keeping pace with customer demand.”
Daum also stated that strong truck sales in 2018 extend beyond North America and Europe. He cited Indonesia and India as two markets of particular strength, while Brazil and Turkey are among the areas still struggling.