Daimler Truck has approved plans for what it says will be its largest truck manufacturing plant in the United States, a greenfield facility (new site built from scratch) aimed at expanding U.S. production, shortening delivery times for fleet buyers and rebalancing a manufacturing footprint that is still weighted toward Mexico. The company has not named a location, saying site selection is still underway, with construction expected to begin late this year and operations targeted for 2029. The workforce is projected to reach several thousand employees. John O'Leary, president and CEO of Daimler Truck North America, said the board approval followed long-term planning rather than a short-term response to trade tariffs. He said the added capacity would let the company "flex back and forth" between production bases and improve the share of trucks built in the U.S. Delivery timing is a key commercial issue for carriers, he said, because even a two-week delay can leave a trained driver waiting for a truck. The investment was announced alongside mixed quarterly results. Daimler Truck posted an 18% year-on-year drop in second-quarter adjusted earnings before interest and tax to 838 million euros, while revenue rose 6% and incoming orders jumped 27%, helped by stronger North American demand. The company said U.S. trade tariffs compressed margins, but still raised its full-year 2026 guidance. Adjusted EBIT is now seen at 3.6 billion euros to 4.1 billion euros, up from 3.2 billion euros to 3.7 billion euros, while unit sales are projected at 340,000 to 370,000 vehicles versus a prior 330,000 to 360,000. Its North American trucks segment is now expected to deliver an adjusted return on sales of 9% to 11%, up from 6% to 8%. Daimler Truck also said it will launch the second tranche of its share buyback program by mid-September. The repurchase plan runs through the end of June 2027 and totals up to 1.1 billion euros, or roughly $1.3 billion. The company expects its tariff burden to ease substantially in coming quarters after a regulatory breakthrough earlier this year, underscoring a strategy of investing for North American growth even as near-term trade costs remain a drag.