DAF Trucks Achieves Strong Growth and Innovation in 2024

DAF Trucks Reports Continued Growth in 2024

DAF Trucks, a prominent player in the European trucking industry, has shown promising signs of growth, capitalizing on market demand and embracing innovation. In a year marked by important milestones, the company achieved a 15.8% market share in the last quarter of 2024, up from 15.6% in 2023, as it prepares to enhance its operations further in 2025.

Innovations Driving Performance

The unveiling of the new DAF electric trucks exemplifies the company's commitment to sustainability and technological advancement. These electric models boast an impressive driving range of up to 500 kilometers on a single charge, aligning with the transport industry's transition toward greener alternatives. Additionally, DAF has introduced several enhancements to its truck models, including the award-winning XD, XF, XG, and XG+, which now feature improved PACCAR MX-11 and MX-13 drivelines to boost fuel efficiency by 3%.

Market Leadership Across Europe

DAF's solid performance extends beyond market share. The company has established itself as a leader in key European markets, achieving a 27.1% share in the UK and 28.9% in the Netherlands. Furthermore, DAF's reputation is reinforced as it becomes the largest import brand in heavy-duty tractor segments in Germany and France. This dominating presence showcases the trust dealers and operators place in the DAF brand.

A Thriving International Market

DAF’s success story isn’t confined to Europe. In 2024, DAF Brasil marked a significant achievement by producing 10,700 trucks and gaining a record 9.9% market share in the 16+ tonne segment. The company experienced substantial sales growth outside Europe, doubling sales in markets like Jordan and the UAE, and setting new delivery records in Turkey. Such performance reflects DAF's strategies to expand its global footprint.

Acknowledgment Through Awards

Recognition has followed DAF for its outstanding achievements in the trucking industry. The DAF XF series won accolades for the lowest operating costs in Germany, while the versatile DAF XD and LF trucks were named 'Best Rigid Trucks' in the UK. Furthermore, DAF was awarded the title of 'Fleet Manufacturer of the Year' in the UK, directly appealing to dealership principals and GMs focused on reliable products.

Conclusion

With strategic innovations, a strong foothold in international markets, and accolades underscoring its reputation, DAF Trucks is poised for a robust future. The trucking sector is ripe for evolution, and DAF is at the forefront, encouraging dealership professionals to explore these advancements for better business opportunities.

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