Freightliner Cascadia and M2 Recognized for High Residual Values at World of Concrete

Contact: fred.ligouri@daimler.com

PORLAND, Ore. June 9, 2021 – Freightliner today was recognized with the 2021 Price Digests’ Highest Retained Value Award at World of Concrete in Las Vegas. Both the Cascadia and M2 106 received recognition in the heavy-duty category for the conventional day cab tractor and conventional cab and chassis categories.

“We are pleased to have the reliability and resiliency of our Freightliner vehicles recognized, said Steve Mignardi, vice president, on-highway market development, Daimler Trucks North America. “We pride ourselves on building the highest-quality vehicles on the market with the lowest total cost of ownership so that we can deliver for our valued customers and drivers year after year.”

These important independent and data-driven awards identify the commercial trucks that are expected to retain the highest residual value over a five-year period into the future. Price Digests analysts calculate vehicle residual values according to market deprecation standards using proprietary algorithms that allow them to predict future value over the next five years.

The Freightliner Cascadia is a leading Class 8 vehicle featuring 350-605 horsepower and industry-leading Detroit Assurance 5.0 safety system. Freightliner’s M2 is a Class 6-8 vehicle featuring 200-350 horsepower and comes in tractor or trailer configurations. Both vehicles will soon be available in battery-electric versions, the eCascadia and eM2, respectively. Start of ordering was recently announced, with production beginning in 2022.

Freightliner Trucks is a division of Daimler Trucks North America LLC, headquartered in Portland, Oregon, and is the leading heavy-duty truck manufacturer in North America. Daimler Trucks North America produces and markets Class 5 trucks and is a Daimler company, the world’s leading commercial vehicle manufacturer. More information is available at www.Freightliner.com.

Daimler Trucks North America LLC, headquartered in Portland, Ore., is the leading heavy-duty truck manufacturer in North America. It manufactures, sells, and services commercial vehicles under the Freightliner, Western Star, Detroit, and Thomas Built Buses nameplates. Daimler Trucks North America is a Daimler company.

For over 100 years, Price Digests has served the vehicle data needs of the insurance, finance, government, and dealer markets through its portfolio of VIN decoding, Specs and Market Value data solutions for the commercial truck, passenger vehicle, marine, powersport, and recreational vehicle asset classes. Our data solutions help enterprises drive competitive advantage through asset data workflow efficiencies while also paying a pivotal role in decisions surrounding the purchase, valuation, operation, and risk mitigation of assets. Price Digests data is powered by The Truck Blue Book.