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Daimler Truck expects a 6-8% return on sales in 2021 from Reuters

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© Reuters. FILE PHOTO: The Daimler AG sign appears at the IAA Truck Show in Hannover, Germany, on September 22, 2016. REUTERS / Fabian Bimmer / Photo File

BERLIN (Reuters) – Daimler (OTC 🙂 The truck will leave Daimler on December 10, a commercial vehicle manufacturer said on Thursday that it expects a 6-8% return on sales by 2021 and aims to achieve an adjusted return of 9% in Asia. 12% in North America, its strongest market, by 2025.

A 15% reduction in the projected fixed cost for 2025 is going faster than expected and is likely to be achieved by 2023, Daimler Truck said in an opening note on its capital markets day.

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