Heavy trucks - leading manufacturers based on revenue 2019

Based on revenue, Daimler topped the list of leading truck manufacturers in 2019. Daimler generated almost 50 billion U.S. dollars from its truck and bus segments in the fiscal year of 2019. The company sells trucks under its Freightliner, Western Star, BharatBenz, Mercedes-Benz, and Fuso brands.

The world’s largest truck manufacturers

Daimler was the leading truck manufacturer in 2019. Other top companies included Volvo, Volkswagen, and Paccar. Volkswagen owns Scania and MAN SE; it is also in a strategic alliance with Navistar. Scania Aktiebolag is an automotive industry manufacturer of trucks and buses for heavy transport applications, as well as industrial and marine engines. The company was founded in 1891 and is headquartered in Södertälje, Sweden. Although Europe continues to be Scania’s most important market, the manufacturer reported its largest increases in order intake in Latin America. Scania’s Swedish peer rival, Volvo owns important brands, including Mack, Volvo, UD, and Renault Trucks. The company is also in a strategic partnership with China's Dongfeng.

Worldwide revenue of selected truck and bus manufacturers in FY 2019

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Sources

Release date

2020

Region

Worldwide

Survey time period

FY 2019

Supplementary notes

* Includes MAN Truck & Bus, MAN Latin America, Scania Trucks, Scania Buses; segment figures have been added up.

Daimler, MAN: The figures have been converted from euros to U.S. dollars at a rate of 1 EUR = 1.1057 USD (correct as of March 31, 2020)
Volvo, Scania: The figures have been converted from Swedish kronor to U.S. dollars at a rate of 1 SEK = 0.09994 USD (correct as of March 31, 2020)

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Statistics on "Trucks and commercial vehicles worldwide"

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