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Largest Truck Manufacturers In The World
A Brief Glance on Their Development
If you are a fan of Freighliner trucks, Mitsubishi Fuso, Sterling trucks, as well as Mercedes-Benz
cars and trucks, you will be surely looking for the manufacturer behind these brands- the Daimler
Aktiengesellschaft (AG). If you are intrigued on how this German multinational automotive company
started, here is a brief glance of their conception and development:
1886-1920: The Predecessor Companies
Gottlieb Daimler and Carl Benz were considered as the pioneers of automobile industry until the
19th century. Actually, they never met personally but they were able to produce the world's first
automobiles simultaneously on 1886. As they are both determined to develop and market their
works, they established their own companies- Gottlieb with his Daimler Motorengesellschaft while
Carl Benz had Rheinische Gasmotorenfabrik,
From 1908 onwards, both of these companies had increasing orders of commercial and military
vehicles which indicated their success in the industry.
1920-1933: The Global Economic Crisis and the Merge
The effects of the World War I was very apparent in the German automobile industry especially
during 1914-1919. Added by the collapse of currency, the growing number of competitors in the
industry, plus the loss of international markets, all of these had negative effects to both Daimler and
Benz's companies. On 1926, these companies merged to form Daimler-Benz AG to heighten the
quantity of production not only in the automobile category but to other industries as well. And on
1930, the Daimler-Benz company experienced another breakthrough in the truck industry by
developing the Lo 2000.
1933-1945: The Nazi Era
In this period, Daimler-Benz manufactured certain armaments such as aircraft engines and military
trucks. With this, the company has able to build another plant in Genshagen.
1945-1949: Reconstruction
Because of the Potsdam Agreement where all German assets abroad will be confiscated to serve as a
compensation of reparations, the Daimler-Benz not only lost assets in the Soviet-occupied regions
but also their entire affiliates, subsidies, and branches overseas.
1950-mid 1980s: Growth
After losing its international assets, the company in this period regains its position and glory as they
quickly innovate and expand their automobile production in the global scale. In fact, they are the
leading car, bus, and truck manufacturer in Europe in this era.
1984-2007: Corporate Re-alignment and Strategies
With the existence of other global competitors in the industry plus the sales opportunities for
topnotch cars in the market, the company established Mercedes-Benz AG on 1989. The continuous
environmental problems in this period also molded the company in their automobile production. In
1998, the company merged with Chrysler Corporation to safeguard both of the parties'
competitiveness in the global market.
Until today, Daimler AG is considered to be the pioneer in manufacturing superior and
technologically innovative automobile and other products.
http://cdltraininglm.hubpages.com/hub/largest-truck-manufacturers-in-the-world

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Largest Truck Manufacturers In The World

  • 1. Largest Truck Manufacturers In The World A Brief Glance on Their Development If you are a fan of Freighliner trucks, Mitsubishi Fuso, Sterling trucks, as well as Mercedes-Benz cars and trucks, you will be surely looking for the manufacturer behind these brands- the Daimler Aktiengesellschaft (AG). If you are intrigued on how this German multinational automotive company started, here is a brief glance of their conception and development: 1886-1920: The Predecessor Companies Gottlieb Daimler and Carl Benz were considered as the pioneers of automobile industry until the 19th century. Actually, they never met personally but they were able to produce the world's first automobiles simultaneously on 1886. As they are both determined to develop and market their works, they established their own companies- Gottlieb with his Daimler Motorengesellschaft while Carl Benz had Rheinische Gasmotorenfabrik, From 1908 onwards, both of these companies had increasing orders of commercial and military vehicles which indicated their success in the industry. 1920-1933: The Global Economic Crisis and the Merge The effects of the World War I was very apparent in the German automobile industry especially during 1914-1919. Added by the collapse of currency, the growing number of competitors in the industry, plus the loss of international markets, all of these had negative effects to both Daimler and Benz's companies. On 1926, these companies merged to form Daimler-Benz AG to heighten the quantity of production not only in the automobile category but to other industries as well. And on 1930, the Daimler-Benz company experienced another breakthrough in the truck industry by developing the Lo 2000. 1933-1945: The Nazi Era In this period, Daimler-Benz manufactured certain armaments such as aircraft engines and military trucks. With this, the company has able to build another plant in Genshagen. 1945-1949: Reconstruction Because of the Potsdam Agreement where all German assets abroad will be confiscated to serve as a compensation of reparations, the Daimler-Benz not only lost assets in the Soviet-occupied regions but also their entire affiliates, subsidies, and branches overseas. 1950-mid 1980s: Growth After losing its international assets, the company in this period regains its position and glory as they quickly innovate and expand their automobile production in the global scale. In fact, they are the leading car, bus, and truck manufacturer in Europe in this era. 1984-2007: Corporate Re-alignment and Strategies
  • 2. With the existence of other global competitors in the industry plus the sales opportunities for topnotch cars in the market, the company established Mercedes-Benz AG on 1989. The continuous environmental problems in this period also molded the company in their automobile production. In 1998, the company merged with Chrysler Corporation to safeguard both of the parties' competitiveness in the global market. Until today, Daimler AG is considered to be the pioneer in manufacturing superior and technologically innovative automobile and other products. http://cdltraininglm.hubpages.com/hub/largest-truck-manufacturers-in-the-world