Stuttgart/Germany, July 3, 2012

IAA Commercial Vehicles

Daimler Presents Extensive Product Offensive 

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New Mercedes-Benz Citaro Euro VI (left). New Setra luxury coach Comfort Class 500 Euro VI (right)

The Daimler AG called attention to two world premieres and one European premiere that it will display at the world’s biggest commercial vehicle exhibition in Hanover. A total of 16 vehicles were presented in Stuttgart as part of a preview for the IAA Commercial Vehicles, which will be held in Hanover on September 20-27, 2012. The vehicles ranged from the new Mercedes-Benz Citan city van, new urban buses and travel coaches from Mercedes-Benz and Setra, new green leaders in form of the Mercedes-Benz Vito E-Cell crewbus and the Fuso Canter Eco Hybrid, to the heavy-duty Mercedes-Benz Antos, which was introduced to the public as a new truck for heavy-duty delivery applications for the first time.

Daimler Trucks, with its Mercedes-Benz brand in Europe and Brazil, its Fuso brand in Japan, and its Freightliner, Western Star, and Thomas Built Buses brands in the U.S., can look back on a successful year in 2011 (sales and revenues: +20%, EbIT: +40%, return on sales: 6.5%). Andreas Renschler, the Daimler AG Board of Management member responsible for Daimler Trucks and Daimler Buses, says the positive trend is continuing in 2012: “In the first five months, we were able to increase our global sales by 23 percent when compared to the same period last year. Altogether, we expect our truck sales to be higher in 2012 than last year, and our earnings will at least match those of 2011. We reiterate our return on sales target of eight percent across all business cycles beginning in 2013 and adhere to our Daimler Trucks sales target of 500,000 units in 2013 and 700,000 units in 2020.”

In order to confirm and expand its leading position in the global commercial vehicles industry, Daimler Trucks launched the initiative Daimler Trucks Number One (DT#1). Andreas Renschler explains, “DT#1 is the next stage in our Global Excellence program. DT#1 defines improvements of a magnitude of €1.6 billion until 2014, which will help to sustainably secure our profitability goals. The potential for improvement comes out of each business unit as well as out of the work packages spanning different business segments, which concentrate on initiatives for increases in sales and revenue and the utilization of synergies and economies of scale through platform and modular strategies.”