• DaimlerChrysler truck plan unveiled today

    DaimlerChrysler AG will today outline a strategy to consolidate parts of its truck operations in a bid to boost profits and leverage its economies of scale, according to The Wall Street Journal. The plan calls for unifying purchasing, development and certain other parts of its Mercedes-Benz and Freightliner divisions, people familiar with the matter said. It will also intensify cooperation and component-sharing
    June 30, 2003
    DaimlerChrysler AG will today outline a strategy to consolidate parts of its truck operations in a bid to boost profits and leverage its economies of scale, according toThe Wall Street Journal.

    The plan calls for unifying purchasing, development and certain other parts of its Mercedes-Benz and Freightliner divisions, people familiar with the matter said. It will also intensify cooperation and component-sharing with Mitsubishi Motors Corp.'s Fuso division and the truck unit of Hyundai Motor Co.

    According to The Wall Street Journal's news source, the company will leave the manufacturing operations of Mercedes-Benz and Freightliner separate. It will also formalize a new steering committee, led by commercial-vehicles chief Eckhard Cordes, that will coordinate sharing of engines, axles and other major components by Mercedes- Benz, Freightliner, Fuso and Hyundai.

    Voice your opinion!

    To join the conversation, and become an exclusive member of FleetOwner, create an account today!

    Sign up for our free eNewsletters

    Latest from News

    promotions and new hires
    DHL Supply Chain appointed a new North America CEO, Merchants Fleet hired a new VP of field operations, and Love’s hired a new chief technology officer.
    ID 91698252 © Phartisan | Dreamstime.com
    legal proceedings concept
    After DAT Freight & Analytics acquired factoring company Outgo, OTR Solutions filed suit. Though courts initially seemed to side with OTR, the two parties reached an undisclosed...
    Patton Logistics Group
    Patton Logistics Group includes Watsontown Trucking (No. 248 on the FleetOwner 500: For-Hire list), Patton Warehousing, and Patton Logistics.
    FleetOwner 500 for-hire carrier adds dozens of trucks, hundreds of trailers, maintenance facilities, and much more warehousing real estate and potential for its Patton Logistics...