$MBGAF

Daimler Truck Holding AG repurchased 282,423 shares from September 14 to 16, 2026, at an average price of €43.36, totaling €12.2 million. The buyback is part of a program started in March 2026, with 7.16 million shares repurchased so far. The company operates in truck and bus manufacturing and financial services.

Daimler Truck Holding AG (DTG) plans a second share buyback tranche, starting Sep 21, 2026, to repurchase up to €1.1B or 65,329,378 shares by Jun 30, 2027. This follows a €300M repurchase in the first tranche, as part of an approved multi-year buyback program.

Jefferies assigned a 'Buy' rating to Daimler Truck Holding AG, based on a weighted average of valuation, EPS revisions, and visibility metrics. The company's stock has seen a 5-day change of -0.61%, a 1st Jan change of -3.08%, and a year-to-date increase of +18.01%.

Daimler Truck is recalling over 2,000 Freightliner and Western Star trucks due to a brake-related issue. Affected trucks may experience sudden pulling to one side while braking, increasing crash risk. The recall follows previous recalls in 2023, 2022, and 2020. Dealers will replace brake modulator valves for free, with owner notifications sent on Nov. 8. No crashes or injuries have been reported.

Daimler Truck CEO Karin Rådström warned that missing its 2030 CO2 target by 10 percentage points could cost the company €1.2 billion in penalties, potentially wiping out Mercedes-Benz Trucks' global profitability for that year. The company aims for a 43% reduction in CO2 emissions from its newly registered heavy-duty fleet by 2030, but Rådström highlighted infrastructure and cost challenges in achieving this goal.

Daimler Truck plans to invest hundreds of millions of euros in hydrogen-powered trucks by 2030, alongside battery-electric development, to reduce transport emissions. CEO Karin Rådström highlights hydrogen's role in high-payload, long-range routes, with partnerships to establish a hydrogen ecosystem. The company also continues producing eActros 600 electric trucks, with a 500km range.

India's CV retail sales grew 14.45% YoY to 90,769 units in August 2026, but fell 8.93% MoM. Tata Motors led with 33.42% market share, followed by Mahindra and Ashok Leyland. EV share doubled to 5.18%, while diesel's share declined to 78.77%.

Daimler Truck Defence and Mercedes-Benz Powertrain will sell and locally assemble truck engines in Poland with PGZ. They signed an MoU for engine assembly, service, and maintenance. Engines will be used in PGZ defence vehicles for the Polish Armed Forces. Production is expected to start next year, with annual output in the thousands. Engines range from 240 kW to 460 kW, used in vehicles like the Unimog and Zetros.

Daimler Truck (DTG) partners with NTT Data to implement an AI infrastructure platform for global IT, cloud, and network operations. The system aims to enhance monitoring, predictive analytics, and automation to improve operational resilience and efficiency. Daimler Truck, a leading commercial vehicle manufacturer, plans to expand its US manufacturing capacity by 2026 to meet customer demand and strengthen production capabilities.

NTT DATA has launched an AI infrastructure operations platform for Daimler Truck, managing global IT, cloud, SAP, and network operations. The platform aims to provide a unified view of Daimler's technology estate, tracking devices in real time and reducing downtime. NTT DATA, with over $30 billion in annual revenue, serves 75% of the Fortune Global 100.