Daimler Automotive and Man Group decided to raise the price of heavy-duty trucks for the reason of rising raw material prices. Stefan Buchner, Daimler's heavy truck and head of the bus company's raw material procurement department, revealed that Mercedes-Benz heavy-duty trucks will increase their prices by 3%, of which 1,5% will be offset by inflationary factors caused by rising raw material prices.
Daimler's subsidiary in Japan, Fuso, a manufacturer of production vehicles, and the Daimler North American heavy-duty truck plant will also be forced to raise prices, thereby shifting some of the price increases to consumers.
Buchner said that Daimler Motor also plans to transfer some of the raw material price increases to parts suppliers, but they will digest the rest. He believes that the raw material price increase factors in this year and next two years will not be completely eliminated, such as steel prices will remain high, but the above-mentioned cost factors will be reduced in the medium term. Buchner once again stressed that as long as the market does not go to extremes, the company’s profit forecast will not change. By 2010, Daimler's heavy-duty truck sales revenue will remain cyclical at 8%.
At the same time, Anton Weinmann, head of the production vehicle division of the Man Group, also announced a price increase plan for the company's products. . â€
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