Detroit Diesel Corporation

Company Profile

■URL

http://www.demanddetroit.com

■Address

13400 Outer Drive West, Detroit, Michigan 48239 USA

Business Overview

-The Company, a subsidiary of Daimler Trucks North America, is a leading manufacturer of on-highway heavy-duty diesel engines, axles and transmissions for the commercial truck market.

-The Company has built more than 5 million engines since 1938 and currently has more than 1 million engines in operation worldwide.

-In October 2016, the Company collaborated with AT&T and Microsoft to deliver enhancements to its Detroit Connect suite of connected vehicle services. The Company showcased connected vehicle services, advanced safety systems, and a full range of powertrain solutions at the 2017 North American Commercial Vehicle (NACV) show.

Shareholders

-The Company is a wholly owned subsidiary of Daimler AG.

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

Detroit Connect telematics solutions
-Detroit Virtual Technician onboard diagnostics system
-On-board tablets
-Fleet visibility software
-Advanced driver assistance systems
-Radar systems
-Camera systems

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