Latest news with #FranziskaCusumano
Yahoo
20 hours ago
- Automotive
- Yahoo
Daimler, partners with Senegal and GTS to establish local truck assembly plant
Daimler Truck has partnered with the government of Senegal and Global Truck Systems (GTS) to establish a truck assembly plant in the country. The collaboration, formalised through a letter of intent, will see Daimler Truck provide vehicle component sets for local assembly, with operations slated to begin in 2026. Daimler will be the exclusive supplier of completely knocked down (CKD) kits for the assembly of the trucks. To implement the project, a joint venture was formed by the government and GTS, and they will operate the truck's assembly on-site. Mercedes-Benz truck model series is planned for assembly, which will cater for the use in the private sector as well as for the Ministry of Defense, the fire brigades, and the police. Mercedes-Benz Special Trucks CEO Franziska Cusumano said: "With this project, our vehicles will enter the Senegalese market in close coordination with the German Federal Government. "The delivery of CKD kits for on-site assembly, the transfer of know-how and comprehensive technical advice are our contributions to a successful, partnership-based cooperation." The Foreign Office of the Federal Republic of Germany is backing the assembly plant project. The Senegalese government's contribution to the project includes providing industrial land, tax and customs relief for CKD imports, and supporting local specialist training. This initiative is in line with the country's industrial policy and is a significant step toward establishing a locally anchored automotive production in West Africa. Apart from vehicle sales, GTS is tasked with the project's economic, technical, and industrial implementation. This also includes local recruitment, personnel training, production facility planning, and the assembly of vehicles from CKD kits, along with the addition of specific equipment such as container frames and cranes. Daimler Truck Middle East/Africa CEO Michael Dietz said: "By signing this letter of intent, we are sending out a strong signal of our long-term commitment to West Africa. We are pleased to officially start industrial cooperation together with the government of Senegal and Global Truck System. 'With the relocation of the assembly plant, the creation of qualified jobs and the transfer of technological competences, we will be able to make a joint contribution to economic value creation in the region." Last month, Daimler Truck collaborated with DHL Group and hylane to incorporate fully electric trucks into DHL's fleet. "Daimler, partners with Senegal and GTS to establish local truck assembly plant" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Web Release
a day ago
- Automotive
- Web Release
Daimler Truck Signs Letter of Intent for Vehicle Assembly in Senegal
Daimler Truck has signed a Letter of Intent with the Government of Senegal and Global Truck Systems (GTS) to establish a local truck assembly plant. As part of the agreement, Daimler Truck will serve as the exclusive supplier of dismantled truck kits (CKD – Completely Knocked Down) and act as the project's technology partner. The Senegalese government and GTS have formed a joint venture to lead the assembly operations. Production is expected to begin as early as 2026, with vehicles reaching customers the following year. The plant will assemble various Mercedes-Benz truck model series, tailored for government use—such as the Ministry of Defense, fire brigades, and police—as well as private sector needs including waste collection, construction, logistics, and transportation. Franziska Cusumano, CEO of Mercedes-Benz Special Trucks, highlighted the strategic importance of the initiative: 'The CKD delivery, transfer of know-how, and technical support reflect our partnership-based approach with the German Federal Government and the Republic of Senegal.' Michael Dietz, CEO of Daimler Truck Middle East/Africa, added: 'This project signals our long-term commitment to West Africa. Through local assembly, job creation, and technology transfer, we aim to contribute to regional economic development.'Strong German-Senegalese Partnership Strong German-Senegalese Partnership Senegal has been a valued partner of German development cooperation for decades. Since 2019, both nations have worked under a bilateral reform partnership, which evolved into a climate and development partnership in 2023 through the Just Energy Transition Partnership. The CKD project is a direct outcome of this collaboration, promoting local industrial development and sustainability. Senegal's Commitment to Industrial Growth The Senegalese government is supporting the project by providing industrial land, offering customs and tax incentives, and facilitating local workforce training. This initiative aligns with Senegal's broader strategy to expand domestic production and meet growing mobility needs. GTS: Operational Lead GTS is responsible for setting up and operating the assembly plant. This includes recruiting and training personnel, planning production facilities, assembling vehicles from CKD kits, and equipping them with specialized bodies such as cranes or container frames. GTS will also oversee sales operations. Daimler Truck's Contribution Daimler Truck will ensure a reliable supply chain, enforce quality standards, and manage technology transfer. The company will also provide long-term service support, ensuring the high quality of locally assembled vehicles. This project is expected to create qualified local jobs and boost industrial capabilities in the region. Through this strategic partnership, Daimler Truck, GTS, and the Senegalese government are laying the groundwork for sustainable automotive manufacturing in West Africa, setting a benchmark for industrial cooperation, economic development, and technological advancement. Further information on Daimler Truck is available at: and
Yahoo
2 days ago
- Automotive
- Yahoo
Daimler Truck Signs Letter of Intent for Vehicle Assembly in Senegal
LEINFELDEN-ECHTERDINGEN, Germany & DAKAR, Senegal, July 03, 2025--(BUSINESS WIRE)--Daimler Truck has signed a Letter of Intent with the Government of Senegal and Global Truck Systems (GTS) to establish a local truck assembly plant. As part of the agreement, Daimler Truck will serve as the exclusive supplier of dismantled truck kits (CKD – Completely Knocked Down) and act as the project's technology partner. The Senegalese government and GTS have formed a joint venture to lead the assembly operations. Production is expected to begin as early as 2026, with vehicles reaching customers the following year. The plant will assemble various Mercedes-Benz truck model series, tailored for government use—such as the Ministry of Defense, fire brigades, and police—as well as private sector needs including waste collection, construction, logistics, and transportation. Franziska Cusumano, CEO of Mercedes-Benz Special Trucks, highlighted the strategic importance of the initiative: "The CKD delivery, transfer of know-how, and technical support reflect our partnership-based approach with the German Federal Government and the Republic of Senegal." Michael Dietz, CEO of Daimler Truck Middle East/Africa, added: "This project signals our long-term commitment to West Africa. Through local assembly, job creation, and technology transfer, we aim to contribute to regional economic development." Strong German-Senegalese Partnership Senegal has been a valued partner of German development cooperation for decades. Since 2019, both nations have worked under a bilateral reform partnership, which evolved into a climate and development partnership in 2023 through the Just Energy Transition Partnership. The CKD project is a direct outcome of this collaboration, promoting local industrial development and sustainability. Senegal's Commitment to Industrial Growth The Senegalese government is supporting the project by providing industrial land, offering customs and tax incentives, and facilitating local workforce training. This initiative aligns with Senegal's broader strategy to expand domestic production and meet growing mobility needs. GTS: Operational Lead GTS is responsible for setting up and operating the assembly plant. This includes recruiting and training personnel, planning production facilities, assembling vehicles from CKD kits, and equipping them with specialized bodies such as cranes or container frames. GTS will also oversee sales operations. Daimler Truck's Contribution Daimler Truck will ensure a reliable supply chain, enforce quality standards, and manage technology transfer. The company will also provide long-term service support, ensuring the high quality of locally assembled vehicles. This project is expected to create qualified local jobs and boost industrial capabilities in the region. Through this strategic partnership, Daimler Truck, GTS, and the Senegalese government are laying the groundwork for sustainable automotive manufacturing in West Africa, setting a benchmark for industrial cooperation, economic development, and technological advancement. Further information on Daimler Truck is available at: and Source: AETOSWire View source version on Contacts Lukas Hettmannsperger, +49 (0) 1703871112, Ulrike Burkhart, +49 (0) 1608613757, Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
2 days ago
- Automotive
- Business Wire
Daimler Truck Signs Letter of Intent for Vehicle Assembly in Senegal
LEINFELDEN-ECHTERDINGEN, Germany & DAKAR, Senegal--(BUSINESS WIRE)--Daimler Truck has signed a Letter of Intent with the Government of Senegal and Global Truck Systems (GTS) to establish a local truck assembly plant. As part of the agreement, Daimler Truck will serve as the exclusive supplier of dismantled truck kits (CKD – Completely Knocked Down) and act as the project's technology partner. The Senegalese government and GTS have formed a joint venture to lead the assembly operations. Production is expected to begin as early as 2026, with vehicles reaching customers the following year. The plant will assemble various Mercedes-Benz truck model series, tailored for government use—such as the Ministry of Defense, fire brigades, and police—as well as private sector needs including waste collection, construction, logistics, and transportation. Franziska Cusumano, CEO of Mercedes-Benz Special Trucks, highlighted the strategic importance of the initiative: 'The CKD delivery, transfer of know-how, and technical support reflect our partnership-based approach with the German Federal Government and the Republic of Senegal.' Michael Dietz, CEO of Daimler Truck Middle East/Africa, added: 'This project signals our long-term commitment to West Africa. Through local assembly, job creation, and technology transfer, we aim to contribute to regional economic development.' Strong German-Senegalese Partnership Senegal has been a valued partner of German development cooperation for decades. Since 2019, both nations have worked under a bilateral reform partnership, which evolved into a climate and development partnership in 2023 through the Just Energy Transition Partnership. The CKD project is a direct outcome of this collaboration, promoting local industrial development and sustainability. Senegal's Commitment to Industrial Growth The Senegalese government is supporting the project by providing industrial land, offering customs and tax incentives, and facilitating local workforce training. This initiative aligns with Senegal's broader strategy to expand domestic production and meet growing mobility needs. GTS: Operational Lead GTS is responsible for setting up and operating the assembly plant. This includes recruiting and training personnel, planning production facilities, assembling vehicles from CKD kits, and equipping them with specialized bodies such as cranes or container frames. GTS will also oversee sales operations. Daimler Truck's Contribution Daimler Truck will ensure a reliable supply chain, enforce quality standards, and manage technology transfer. The company will also provide long-term service support, ensuring the high quality of locally assembled vehicles. This project is expected to create qualified local jobs and boost industrial capabilities in the region. Through this strategic partnership, Daimler Truck, GTS, and the Senegalese government are laying the groundwork for sustainable automotive manufacturing in West Africa, setting a benchmark for industrial cooperation, economic development, and technological advancement.
