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Daimler expects that the truck and passenger car business will remain stable in 2010, with the truck business focusing on streamlining costs and management processes and developing new markets, and the bus division will focus on expanding its leading position.
General Motors reported on December 29 that Daimler AG of Germany stated that its truck and passenger car divisions are ready to meet the challenges and it is expected that the business will stabilize in 2010.
The focus of the Daimler Trucks Division in 2010 was on cutting costs, streamlining capacity management and taking more steps to develop new markets.
The Daimler passenger car department continued to expand its leading position in the global passenger car market in 2010. It is expected that the global sales market for the passenger car sector in 2010 will be basically the same as in 2009.