EQS-CMS: Daimler Truck Holding AG: Release of a capital market information

Daimler Truck sold shares in Archion, reducing its stake to 25% and raising €600m. Archion, a holding company formed by merging Hino Motors and Mitsubishi Fuso, is listed on the Tokyo Stock Exchange. The sale aligns with Daimler's strategic focus on heavy-duty vehicles and efficiency. Archion's free float increased, and it joined CJPT. Toyota Motor also holds a 25% stake.

Daimler Truck reduced its stake in Archion to 25%, matching Toyota Motor's stake, and raised $695 million. The sale was part of a secondary offering. Both companies had planned to hold 25% in Archion, a joint venture combining their Japanese truck units. Daimler Truck CFO Eva Scherer stated the sale increased Archion's free float and completed its transition to an independent listing.

Daimler Truck completed a secondary offering of ARCHION shares, reducing its stake to 25% and generating €600 million in proceeds. This aligns with the planned ownership structure post-integration of Mitsubishi Fuso and Hino. The move increases ARCHION's free float and broadens its shareholder base.

Daimler Truck said quarterly orders missed expectations across business areas, with Freightliner order intake up 27% to 74,448 units in Q2 but below analyst forecasts. North America orders were 35,379, 17% under consensus, and Mercedes-Benz Trucks 33,850, 21% below. Shares fell 4%. Daimler expects North America profitability of 11% to 13% in Q3 and adjusted return on sales of 8.4% in Q2.

Daimler Truck said it will start a second share buyback tranche of up to €1.1 billion after finishing the first by mid-September. The tranche runs through end-June 2027. It also confirmed Q2 results, with adjusted operating profit down 18% to €838 million. Daimler cited improved U.S. conditions and a raised 2026 outlook tied to tariff updates.

Mercedes-Benz reported Q2 2026 net profit up 13.5% to €1.09 billion. Cars division adjusted EBIT was €909 million, but reported EBIT fell about 94% year-on-year to €49 million, driven by €704 million impairments tied to Chinese equity-method investments. Cars sales totaled 417,765 units, down 30% in China; Financial Services adjusted EBIT rose 70% to €492 million.