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Daimler Truck Starts Production Of Mercedes-Benz Branded Trucks In China
Commercial vehicle manufacturer, Daimler Truck, begins producing Mercedes-Benz branded trucks in China.
China is the world’s biggest market for heavy trucks, with around 1.5 million units sold in 2021.
This is more than in the U.S., Japan and Europe combined, according to data from German car association VDA.
Chinese market is largely dominated by local companies including FAW’s Jiefang , Dongfeng Motor and Sinotruk.
In addition to Mercedes-Benz trucks, Daimler Trucks also owns Freightliner, Western Star, Thomas Built Buses and Mitsubishi Fuso.
Daimler Truck AG, one of the world’s largest commercial vehicle manufacturers, has announced the start of production of Mercedes-Benz branded trucks in China. The first vehicles rolled off production lines at its joint plant with China’s Foton Motor Co in Beijing on Friday September 23rd 2022.
Before now, Daimler Truck produces joint venture’s brand, Auman, in China, while selling Mercedes-Benz trucks imported from Germany at a higher price.
“China is the largest heavy-duty truck market in the world and offers significant future growth potential for Daimler Truck,” said Karl Deppen, member of the board of management of Daimler Truck Holding AG and head of Daimler Truck Asia.
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“We are very excited to see the first Mercedes-Benz trucks manufactured ‘In China, for China’ now ready to hit the road.”.
China is the world’s biggest market for heavy trucks, with around 1.5 million units sold in 2021. The figure is more than in the U.S., Japan and Europe combined, according to data from German car association VDA.
But the Chinese market is largely dominated by local companies including FAW’s Jiefang , Dongfeng Motor and Sinotruk, which offer more price-competitive products.
A document seen by Reuters in 2020 on plans to begin heavy truck production in China said the target was to produce 50,000 Actros trucks a year.
In addition to Mercedes-Benz trucks, Daimler Trucks AG also owns brands like Freightliner, Western Star, BharatBenz, Thomas Built Buses and Mitsubishi Fuso.