# Daimler Truck Q1 sales drop 13% as markets normalize
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2024-04-09
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Daimler Truck Q1 Sales Drop 13%: Market Normalisation
Meta Description: Find out why Daimler Truck Group reported a 13% drop in Q1 sales as global markets normalize. Get insights from management board chairman Martin Daum.
URL: https://financedigest.com/daimler-truck-q1-sales-drop-13-as-markets-normalizehtml

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# Daimler Truck Q1 sales drop 13% as markets normalize

BERLIN (Reuters) – Daimler Truck Group reported a 13% drop in first-quarter sales on Tuesday, as the markets normalize as expected when compared with the same quarter the year before.

The company said it sold 108,911 trucks and buses in the first quarter, compared with 125,172 a year earlier.

“The unit sales in Q1 2024 are reflecting the expected normalization of global truck markets, and a weak environment in key markets in Asia,” said management board chairman Martin Daum.

(Writing by Miranda Murray, Editing by Rachel More)


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