Daimler Truck expects Q2 North American orders to be roughly on Q1 levels

Amir Orusov and Ilona Wissenbach

Wed, May 14, 2025, 5:33 AM 2 min read

By Amir Orusov and Ilona Wissenbach

(Reuters) -Daimler Truck, 1 of the world's biggest truckmakers, told analysts connected Wednesday that second-quarter orders successful its Trucks North America conception volition beryllium astir connected par with the archetypal 4th levels.

Late connected Tuesday, the institution chopped its full-year operating nett and gross forecast, reflecting little expectations for its North American concern connected heightened request uncertainty owed to U.S. duties.

The effect of U.S. tariffs connected first-quarter profitability was minor, main fiscal serviceman Eva Scherer said connected the call, adding the interaction was chiefly connected demand.

Profitability is ensured for the North American conception successful the 2nd 4th though little than successful the archetypal quarter, Scherer said. However, the bid books for the 2nd fractional of the twelvemonth was not filled yet and the institution needed a stronger bid momentum, she added.

In April, Daimler's adjacent Traton said U.S. truckers were deferring orders implicit fears of a planetary recession, portion Swedish Truck shaper Volvo chopped its North America motortruck marketplace outlook amid tariff-related uncertainty.

As for the U.S.-China commercialized woody slashing reciprocal tariffs, it is excessively aboriginal to foretell but the woody whitethorn beryllium affirmative for orders successful the 2nd quarter, Scherer said.

Commenting connected the billion-euro cost-cutting programme launched successful March, Scherer said the institution booked a proviso successful the mid-three-digit cardinal euros scope successful the 2nd quarter.

The truckmaker has already received the indispensable support to trim personnel-related costs and summation flexibility of the German locations, the institution said successful a property release.

As for the European market, Daimler Truck prioritizes profitability implicit the marketplace share, the concern main said, adding the institution did not privation to regain the mislaid marketplace stock successful Europe done excessive incentives.

(Reporting by Amir Orusov and Ilona Wissenbach; Editing by Janane Venkatraman)