15 Largest Truck Manufacturers in the World

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1. Daimler Trucks (Frankfurt:DTG.F)

Revenue reported in 2023: $60.61 billion

Daimler Trucks (Frankfurt:DTG.F) is one of the world’s largest vehicle manufacturing companies with more than 40 production sites operational globally and more than 100,000 employees. The company provides light, medium, and heavy-duty trucks, city and intercity buses, coaches, and bus chassis.

On May 20, 2024, Daimler (Frankfurt:DTG.F) and Volvo announced that they have signed a non-binding agreement to establish a joint venture to develop a common software-defined vehicle (SDV) platform and dedicated truck operating system. According to the Enterprise Times, Daimler Truck and the Volvo Group each will enter into a 50/50 partnership with the planned joint venture.

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