Daimler Truck to free Freightliner, Western Star of formal Mercedes-Benz ties

The German parent company of Daimler Trucks North America (DTNA) in Portland, Ore. has outlined a separation plan, scheduled to be consummated late this year, positioning Mercedes-Benz AG and Daimler Truck AG as independent businesses, each with technology-heavy missions accompanying their passenger and commercial vehicle offerings. Daimler AG shareholders and the renamed legacy business will become respective majority and minority…

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