Daimler Truck Says Higher Orders, Savings to Offset Tariffs

Daimler Truck Holding AG plans deeper cost cuts and is banking on stronger sales to counter rising tariff expenses, with the aim of keeping earnings roughly level with last year.

The German truckmaker expects adjusted Ebit of €3.2 billion ($3.7 billion) to €3.7 billion in 2026, it said Thursday. The second half of the year should be stronger than the first half as orders rise and savings measures take hold, Chief Financial Officer Eva Scherer said in a statement.