Daimler Truck Eyes Profit Rebound, Electric Rig in Spinoff Year
- Business will start series production of electric eActros
- German manufacturer has forged cooperation deals to share cost
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Daimler AG’s truck unit will focus on restoring earnings this year and start producing an electric big rig as it gets ready to separate from the larger Mercedes-Benz luxury-car division after more than a century.
The spinoff is designed to add value for shareholders by making the operations more agile, lift profitability and advance the development of carbon-neutral drive technologies, Daimler Truck said in a statement Thursday.