Global Truck Players: Q2 2022 Review

Munich, August 2022

Global Truck Players: Q2 2022 Review

Munich, August 2022

he global truck players Daimler, Traton, Paccar and Volvo are regularly monitored by Berylls commercial vehicle expert Steffen Stumpp.

Here are his major findings for Q2 2022:

  • Highest quarterly profit ever
    The big 4 truck manufacturers have earned cumulated 2.9 bn Euro in Q2 2022 – more than ever before. Main drivers were significant price increases, a positive product mix development as well as favorable exchange rate effects.
  • Supply side remains key to success
    Bottlenecks on the supply side, caused by the Ukraine war and the COVID lockdown in China, limit production volumes and unit sales. There are significant differences in how truck OEMs cope with the current situation.
  • Book-to-bill ratio below 1.0
    For the first time since Q2 2020 the incoming orders were below deliveries, meaning that the truck industry will probably lose pace next year – there are first signs for an economic slowdown.

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Berylls Insight
Global Truck Players: Q2 2022 Review
Steffen Stumpp

Associate Partner

Andreas Oesinghaus


Steffen Stumpp

Steffen Stumpp (1970) joined the Berylls Group in October 2020 as Head of Business Unit Commercial Vehicles. At this point, he already looked back on extensive professional and leadership experience in the commercial vehicle industry. Stumpp started his career in an OEM and went through different roles in research, marketing, product planning and after-sales service. When he switched to the automotive supplier industry, he took over the responsibility for worldwide sales and marketing of a medium-sized tier 1 supplier. After another step as head of sales he decided to join Berylls, where he is now responsible for the commercial vehicle business.

Stumpp is a graduate engineer and has studied industrial engineering at the KIT in Karlsruhe and the Technical University of Berlin with focus on logistics.