ig 4 Global Truck Manufacturers with record sales, revenues and profits in 2022\u00a0<\/p>\n\n <\/div>\n\n \n\n <\/div>\n \t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
The global truck manufacturers Daimler, Traton, Volvo and Paccar have achieved record sales, revenues and profits in 2022. They have earned cumulated 12.3 bn Euro in 2022 \u2013 more than ever before. This equals an average return on sales (RoS) of 8.5%. Main drivers were substantial price increases, excellent after sales revenues as well as favorable exchange rates.<\/span>\u00a0<\/span><\/p> There is a clear benchmark in performance and profitability: U.S. based Paccar group with its subsidiary DAF in Europe. The German players Daimler and Traton are well above pre-crisis level, but still far less profitable than their peers. While Daimler suffers from below average profitability of their Asian business, Traton still has homework to do regarding the turnaround of MAN.<\/span>\u00a0<\/span><\/p> Market outlook for 2023 is positive, but ongoing industry transformation requires significant cash flow from the operative business. Focus must be on portfolio management of the increasing zero-emission product offering including comprehensive e-mobility services.<\/span>\u00a0<\/span><\/p> Check our FY 2022 Review and reach out to the team for more details.<\/span>\u00a0<\/span><\/p> \u00a0<\/p> Curious? Download the full article now!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t