Daimler Truck Q1 profit halves on US tariff costs

Daimler Truck's adjusted operating profit plunged by more than half in the first quarter of 2025, driven by U.S. tariffs that cost its North American division at least €100 million. The truck manufacturer reported a sharp decline in earnings, with the North American business absorbing the brunt of the trade policy impact. The company did not provide a revised full-year outlook but cited the tariff burden as a key factor in the quarterly performance.