Daimler : Trucks CMD: attractive and increasingly credible prospects
>A CMD that lends weight to the group’s strong ambitions - After a first edition in May, Daimler yesterday held a second CMD dedicated to its Trucks&Buses business ahead of the spinoff now set for 10 December. On top of providing the last missing items (EBIT margins by division, payout target of 40%, post-spinoff industrial liquidity of € 5bn, gradual ramp-up plan of financial activity), the CMD was the opportunity for the group to reaffirm its ambitions in terms of c...Daimler provides a range of transportation products, including passenger cars and commercial vehicles, and also financial services. Co. operates in five segments. Mercedes-Benz Cars sells passenger cars and off-road vehicles under the Mercedes-Benz brand and small cars under the smart brand. The Daimler Trucks distributes its trucks (Mercedes-Benz, Freightliner, FUSO, Western Star, Thomas Built Buses and BharatBenz). The vans of the Mercedes-Benz Vans segment are sold under the brand name Mercedes-Benz and Freightliner. Daimler Buses sells completely built-up buses (Mercedes-Benz and Setra). The Daimler Financial Services division supports sales of Co.'s automotive brands.
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