Mercedes’ owner is renaming as Daimler Trucks goes solo to chase autonomy and EVs

Daimler plans to spin out its truck business, separating its luxury cars and haulage divisions into two distinct companies, each chasing electrification and zero-emissions. The change - which still needs to be finalized by the German automaker's boards, among other hurdles - will eventually see the creation of Daimler Truck and a new name for the existing company, which will switch from Daimler to Mercedes-Benz.