Truck sales to grow in 2012 expected by Daimler

Daimler AG which the world’s largest truck maker reportedly expects its truck unit to grow in 2012 and is confident it can cope with any difficulties that may arise from economic turmoil. Daimler Trucks chief Andreas Renschler said that, "We're keeping a close eye on the overall economic situation. To date, we expect Daimler Trucks to post another global sales increase in 2012."

He said "Although the general economic situation creates uncertainties for the truck business in Europe, we're nevertheless prepared for all types of cyclical developments and can react flexibly as needed."

It was said that he saw a tough year ahead for truck markets as the euro zone debt crisis rattles its customers and makes the economic outlook for the region uncertain. Daimler generates more than a quarter of its revenues at its trucks business, the world's No.1 player in a sector which is closely linked to the health of the economy and fluctuations in international trade.Daimler Trucks