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Daimler Trucks sees rough ride ahead

Published Friday, November 21, 2008

WASHINGTON D.C. – Andreas Renschler, head of the global truck division for Germany’s Daimler AG, isn’t wearing rose-colored glasses when he looks at the present and future state of the global trucking market. “The outlook – especially for the U.S. market – is clear: we’re in for a rough ride,” Renschler noted during an informal luncheon with reporters at the Hay Adams hotel in Washington D.C. “The financial crisis that started here in the U.S. has now spread to the rest of the world. So we are preparing ourselves for a downturn by ...

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