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Trucking News: Daimler to Spin off Truck Business, Cites 'Zero-Emissions Future'


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Daimler plans to spin off Daimler Truck as a separate business and establish two independent pure-play companies for truck/bus and autos, “designed to unlock the full potential of its businesses in a zero-emissions, software-driven future.”

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Mercedes needs cash to develop BEV's, spinning off Daimler Trucks will make a separate Mercedes-Benz more valuable.  I hear Freightliner generates most of the profits on the truck side.

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