Detroit Diesel Corporation
Company Profile
Business Overview
-The Company is a leading manufacturer of engines, axles and transmissions for commercial vehicles. The Company has also expanded its product portfolio to include advanced safety systems, telematics solutions, and eMobility solutions.
-The Company is a subsidiary of Daimler Truck North America as a result of its acquisition by former Daimler-Chrysler in 2000.
-The Company’s manufacturing plant in Detroit, Michigan has a daily production capacity of 400 engines, 250 transmissions, and 1,300 axles.
Shareholders
-The Company is a wholly owned subsidiary of Daimler Truck AG, under Daimler Truck North America, LLC.
Products
Diesel Engines
-DD5
-DD8
-DD13
-DD15
-DD16
-Legacy engines
- Series 60
- MBE 4000
- Series 50
- MBE 900
Transmissions
-DT12 automated manual transmissions
Axles
-Front steer axles
-Single rear axles
-Tandem rear axles
Integrated powertrains
eMobility
-eFill charging stations
-ePowertrain systems with integrated electric axles and batteries
Detroit Connect telematics solutions
-Detroit Virtual Technician onboard diagnostics system
-On-board tablets
-Fleet visibility software
-Remote update capabilities
-Safety event viewers
-Video capture systems to record video during safety events
-Performance data analytics systems
Detroit Assurance Suite of Safety Systems
-Side Guard Assist
-Active Side Guard Assist
-Active Brake Assist
-Adaptive Cruise Control
-Brake Hold Mode
-Tailgate Warning
-Lane Departure Warning
-Traffic Sign Display
-Active Speed Intervention (ASI)
-Lane Keep Assist
-Lane Keep Assist with Auto Stop
-Lane Departure Protection
-Automatic Headlights and Wipers
-Intelligent High-Beams
-Forward- and Driver-Facing Video Capture
History
1938 | The formation of the GM Diesel Division. |
1957 | GM Diesel introduced the Series 53 and Series 71 engines for both on-highway and off-road use. |
1965 | GM Diesel became Detroit Diesel Engine Division. |
1970 | GM consolidated the Detroit Diesel Engine Division and the Allison Division to the Detroit Diesel Allison Division. |
Jan. 1988 | A joint venture was formed between Penske Corporation and GM and Detroit Diesel Corporation became the successor to the heavy-duty diesel engine business of the Detroit Diesel Allison Division. |
Oct. 1993 | Listed on New York Stock Exchange. |
Dec. 1993 | The Company and Raba Plc formed a joint venture to assemble diesel engines in Hungary. |
Jan. 1995 | Acquired VW Motori S.p.A., Centro in Italy for USD 125 million. |
Oct. 2000 | DaimlerChrysler AG purchased the Company, merging it with MTU Friedrichshafen and Mercedes-Benz industrial engines businesses, creating DaimlerChrysler Powertrain systems division. |
2005 | DaimlerChrysler AG entered into a share sale and purchase agreement with the Swedish investor group EQT regarding the sale of major portion of its off-highway business, including the MTU-Friedrichshafen GmbH and the off-highway activities of Detroit Diesel Corporation. |
Oct. 2016 | The company, a subsidiary of Daimler Trucks North America (DTNA), announced collaborations with AT&T and Microsoft Corp. |
Aug. 2017 | Detroit Diesel Remanufacturing LLC (Detroit Reman) acquired the U.S. and Canadian business operations of Mascot Truck Parts, a provider of remanufactured driveline components for the heavy- and medium-duty truck aftermarket in the U.S. and Canada. |
Supplemental Information 1
>>>Business Reports up until FY ended Dec. 31, 2010
>>>Business Reports up until FY ended Dec. 31, 2013
>>>Business Reports FY ended Dec. 31, 2014
Note: A figure in brackets ( ) indicates a loss