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Saturday, 8 August 2026

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Daimler Truck reports profit slump in the second quarter

Daimler Truck's profit nearly halved in the second quarter, despite increased sales. US tariffs are affecting the profitability of the DAX-listed company.

Daimler Truck reports profit slump in the second quarter
Photo: Michel Huhardeaux from Brussels, Belgium · Wikimedia Commons · CC BY-SA 2.0

Daimler Truck reported a significant decline in profit for the second quarter, which has nearly reached half of its previous level. This comes despite an increase in truck sales and higher revenue, according to the company's statements.

The company attributes the profit slump to the impact of US tariffs. However, the DAX-listed company remains optimistic, viewing its business as being at a turning point, with a focus on the second half of the year.

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