MAY 3 2022 marked five months since Daimler Truck SA (DTSA) became a completely independent company and a wholly owned subsidiary of Germany’s Daimler Truck, the world’s biggest truck and bus manufacturer.
Daimler Truck was spun off from Mercedes-Benz Group on December 1 2021, and in just two months after the listing of Daimler Truck on the Frankfurt stock exchange on December 10 2022, the company moved up into the highest stock market league in Germany – DAX stock index.
Locally, in the same period of December 1 2021, the Southern African entity also made notable strides with the expansion of its corporate structure by founding its own captive financial mobility services, Daimler Truck Financial Services SA (DTFS).
With effect from May 3, the truck and bus entity changed its trading name officially to Daimler Truck Southern Africa (DTSA). The name change marks yet another important milestone, which further reaffirms complete alignment to not just its parent company, but also to its widespread global counterparts.
CEO Michael Dietz assured stakeholders that business activities will remain unchanged and the company will continue to deliver a full line range of trucks, buses and value-added services.
The company will continue to focus on its brands, namely Mercedes-Benz Trucks, Mercedes-Benz Buses and FUSO Trucks. This also includes supporting parts and services for Freightliner and Western Star Trucks, for the entire Southern Africa region which includes the after markets; SA, Namibia, Lesotho, Botswana, Eswatini, Malawi, Mozambique, Zimbabwe and Zambia.