Bloomberg News

Daimler Says Mercedes Truck Orders ‘Good’ as Factories at Limit

September 30, 2011

Sept. 30 (Bloomberg) -- Daimler AG, the world’s largest maker of heavy-duty vehicles, said demand for Mercedes-Benz trucks hasn’t shown signs of an impact from a slowing economy.

“In spite of the debt crisis, we have good reason to be optimistic,” Chief Executive Officer Dieter Zetsche said in a speech at the company’s truck factory in Woerth, Germany, where production of the revamped Actros model started today.

Mercedes-Benz truck plants will be working at full capacity through the end of this year and have a “good level” of orders for the first quarter, he said, adding that demand for the long- haul Actros 40-ton hauler, which cost more than 2 billion euros ($2.7 billion) to develop and prepare factories, was “encouraging.”

Zetsche reiterated the company’s goal of gaining market share as it targets sales of 500,000 trucks by 2013, 41 percent more than the 355,000 vehicles sold last year.

--Editors: Chris Reiter, Tom Lavell

To contact the reporter on this story: Alex Webb in Frankfurt at awebb25@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net


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