Overview
Description
Daimler Truck Holding AG Sponsored American Depositary Receipt (ADR) represents shares of Daimler Truck Holding AG, a leading global manufacturer in the commercial vehicle sector. This asset allows US investors to gain exposure to the company without directly purchasing foreign stocks. Daimler Truck Holding AG is renowned for its production of various types of commercial vehicles, including trucks and buses, under well-respected brands such as Mercedes-Benz, Freightliner, Western Star, and Fuso. Its range of products serves a diverse set of industries, encompassing logistics, construction, agriculture, and public transportation, emphasizing innovation and sustainability in response to global transportation needs. As an ADR, it facilitates trading for US-based investors by translating the company's shares into a familiar format on US exchanges, thereby bridging cross-border investment opportunities and contributing to the global reach of Daimler's equities. This position in the market underscores its significance in both the automotive and financial spaces, as it plays a crucial role in the logistics and movement sectors globally.
About
CEO
Ms. Karin Radstrom
Employees
108815
Address
Fasanenweg 10
Leinfelden-Echterdingen, 70771
Leinfelden-Echterdingen, 70771
Phone
49 711 8485 0
Website
Instrument type
American depositary receipt
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Country
United States
MIC code
PINX