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 and axles for the commercial truck market offering products under the Detroit brand.

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

Shareholders

-Wholly owned subsidiary of Daimler AG.

Products

Diesel Engines
-DD13
-DD15
-DD15 TC
-DD16
-Classic engines

  • Series 60
  • MBE 4000
  • Series 50
  • MBE 900

Transmissions
-DT12

Axles
-Front steer axles
-Single rear axles
-Tandem rear axles

Detroit Connect telematics solutions
-Detroit Virtual Technician onboard diagnostics system
-On-Board Tablet
-Visibility fleet software

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.

Supplemental Information 1