Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

German auto manufacturer Daimler plans to make its truck business, Daimler Trucks independent by the end of 2021. 


Daimler’s move will allow the company to realign its priorities and focus on transitioning Mercedes Benz into the luxury electric vehicles (EV) segment, according to media reports on Monday.


The company had hinted to the media in February this year that a final decision on Daimler’s separation is likely to take place by Q3 2021. 

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