Significant rise in unit sales to 6,700 buses and bus chassis
Increased demand for complete buses in Western Europe
Delivery of 1000th Mercedes-Benz Citaro city bus with Euro VI technology
EBIT of plus €53 million (Q1 2013: minus €31 million)
|Amounts in millions of euros||Q1 2014||Q1 2013||% change|
|Employees (March 31)||16,616||16,713||-1|
|Unit sales||Q1 2014||Q1 2013||% change|
|Latin America (excluding Mexico)||3,992||4,141||-4|
Unit sales, revenue and EBIT above prior-year levels
Daimler Buses’ sales of 6,700 buses and bus chassis in the first quarter were significantly higher than the number of 6,000 units sold in the prior-year period. Growth in Western Europe due to increased demand for complete buses more than compensated for the decrease in units sales of bus chassis in Latin America. Primarily due to the positive development of unit sales in the business with complete buses, revenue rose by 14% to €859 million. EBIT improved to plus €53 million (Q1 2013: minus €31 million).
Contribution to positive development of unit sales from generally stronger demand in Western Europe
In Western Europe, 1,100 complete buses and chassis of the Mercedes-Benz and Setra brands were sold in the first quarter, which is twice as many as in the prior-year period. This was based on growth in both the city-bus business and the coach business. In Germany, Daimler Buses increased it sales by 131% to 500 units. In Turkey, we sold 200 units (Q1 2013: 300); this development resulted from the significant contraction of the overall market compared with the first quarter of last year.
In Latin America (excluding Mexico), first-quarter unit sales decreased slightly to 4,000 bus chassis (Q1 2013: 4,100). There was a negative impact on unit sales in particular from the difficult economic situation in Argentina. In Brazil, the region’s biggest market, sales in the first three months of the year increased to 3,500 units (Q1 2013: 2,600), despite growing market uncertainty.
We sold 700 units in Mexico, which is 108% more than in the prior-year period.
Foundation stone laid for bus plant in India
Following last year’s successful integration of the bus business under the roof of Daimler India Commercial Vehicles (DICV), the foundation stone for a bus plant has now been laid. Daimler is investing approximately €50 million in a new plant to be constructed on the site of DICV. Completion is planned for the second quarter of 2015. The product portfolio will include front-engine buses of the BharatBenz brand, designed to meet the particular requirements of the Indian volume market. In addition, the existing rear-engine chassis for the premium segment under the Mercedes-Benz brand will be produced locally.
Delivery of 1000th Mercedes-Benz Citaro with Euro VI technology
Almost simultaneously with the legal deadline for the Euro VI emission standards at the beginning of 2014, Mercedes-Benz handed to a customer over in early March its 1000th Citaro with Euro VI emission technology. Thanks to the early introduction of Euro VI, Daimler Buses has been able to expand its market position and gain multiple major orders in various European countries.
Setra TopClass 500 is Spain’s “Coach of the Year”
The vehicles of our new generation of coaches have been awarded the title of “Coach of the Year 2014” in Madrid. The jury consisting of representatives of the transport industry was convinced by the concept of our exclusive long-distance coaches combining the utmost luxury with good economy.