Daimler Trucks revenues and sales increase in 2012
Daimler Trucks revenues and sales increase in 2012. They also plan to produce Fuso brand trucks in Chennai, India for export to Asia and Africa markets at a later date. Truck sector buying forecast should see demand in Brazil and India stabilize as 2013 moves forward.
Global truck sales during the year increased 9% to 460,000 units with demand increasing slowly in core markets. Further decline was seen in the third and fourth quarters of 2012, though the company posted enhanced sales in the first half of the year. Sales across North America were also limited due to economic constraints, though the company did comparatively well despite these limitations. Daimler Trucks now looks ahead at 2013 will optimism despite the fact that sales in the first two months of the new year have been equally challenging.
The second half of the year is when the company expects to reap in profits. Daimler’s major markets are Asia and North America with Latin America and Europe following in quick succession. They also plan to produce Fuso brand trucks in Chennai, India for export to Asia and Africa markets at a later date. Truck sector buying forecast should see demand in Brazil and India stabilize as 2013 moves forward.
