Daimler, Volkswagen: The figures have been converted from euros to U.S. dollars at a rate of 1 EUR = 1.04059 USD (correct as of December 31, 2024)Â Volvo: The figures have been converted from Swedish kronor to U.S. dollars at a rate of 1 SEK = 0.09067 USD (correct as of December 31, 2022)
Citation formats
Heavy trucks and buses leading manufacturers based on revenue 2024
Based on revenue, Daimler Truck topped the list of leading truck and bus manufacturers in 2024. Daimler Truck generated almost **** billion U.S. dollars in revenue that year, dwarfing all other brands by at least billion dollars. The company sells trucks under its Freightliner, Western Star, BharatBenz, Mercedes-Benz, and Fuso brands, and split from the Mercedes-Benz Group in 2021.Â
Sales dip for European leaders
Germany-based Daimler Truck continued to be the leading truck manufacturer in 2024. Other top companies included Volvo, Volkswagen, and Paccar. Volkswagen owns Scania and MAN SE; it is also in a strategic alliance with Navistar. Scania Aktiebolag is an automotive industry manufacturer of trucks and buses for heavy transport applications, as well as industrial and marine engines. The company was founded in 1891 and is headquartered in Södertälje, Sweden. Although Europe continues to be Scania’s most important market, the manufacturer reported a decline in sales across the market mainly due to supply chain disruption. Scania’s Swedish peer rival, Volvo owns important brands, including Mack, Volvo, and Renault Trucks. The company is also in a strategic partnership with China's Dongfeng. Paccar, the only non-European manufacturer in the ranking, came fourth.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how ÌÇÐÄÆÆ½â°æ can support your business.
ÌÇÐÄÆÆ½â°æ. (June 15, 2025). Worldwide revenue of selected truck and bus manufacturers in 2024 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 31, 2026, from /statistics/270293/worldwide-leading-truck-manufacturers-based-on-production-figures/
ÌÇÐÄÆÆ½â°æ. "Worldwide revenue of selected truck and bus manufacturers in 2024 (in billion U.S. dollars)." Chart. June 15, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 31, 2026. /statistics/270293/worldwide-leading-truck-manufacturers-based-on-production-figures/
ÌÇÐÄÆÆ½â°æ. (2025). Worldwide revenue of selected truck and bus manufacturers in 2024 (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 31, 2026. /statistics/270293/worldwide-leading-truck-manufacturers-based-on-production-figures/
ÌÇÐÄÆÆ½â°æ. "Worldwide Revenue of Selected Truck and Bus Manufacturers in 2024 (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 15 Jun 2025, /statistics/270293/worldwide-leading-truck-manufacturers-based-on-production-figures/
ÌÇÐÄÆÆ½â°æ, Worldwide revenue of selected truck and bus manufacturers in 2024 (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/270293/worldwide-leading-truck-manufacturers-based-on-production-figures/ (last visited July 31, 2026)
Worldwide revenue of selected truck and bus manufacturers in 2024 (in billion U.S. dollars) [Graph], ÌÇÐÄÆÆ½â°æ, June 15, 2025. [Online]. Available: /statistics/270293/worldwide-leading-truck-manufacturers-based-on-production-figures/