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Germany’s Daimler Truck reports lower Q2 sales

By Tristan Veyet8 Jul 2024Reuters1 Mins read47
FILE PHOTO: Members of the media stand beside an electric driven Actros truck at the booth of German truckmaker Daimler Truck at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer/File Photo
FILE PHOTO: Members of the media stand beside an electric driven Actros truck at the booth of German truckmaker Daimler Truck at the IAA Transportation fair, which will open its doors to the public on September 20, 2022, in Hanover, Germany, September 19, 2022. REUTERS/Fabian Bimmer/File Photo

German truck maker Daimler Truck reported a 15% drop in second quarter sales on Monday, pointing to a market normalization for its truck division.

The company sold 112,195 vehicles in the second quarter, compared with 131,888 a year earlier, it said in a statement.

Sales of electric vehicles rose by 69% compared with the same quarter last year, the company added.

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