Sterling to cease operations; Bullet dropped
Sterling, which was purchased by Daimler-Benz eleven years ago, is ceasing production of its L-line, A-line, and Acterra trucks as of March 27, 2009. New orders for these vehicles will be accepted through mid-January, 2009. However, orders for the Sterling Bullet, Sterling’s version of the Dodge Ram 4500 / 5500 chassis cab – built in Mexico by Chrysler – are no longer accepted.
Sterling had negative earnings in eight out of the eleven years it was owned by Daimler. While there were many dealers dedicated the brand, its brand positioning was similar to Freightliner, another company purchased by Daimler (and currently being sharply downsized). The company was not the market leader in any segment during its stay at Daimler, and had declining sales with aging product. Attempts to compete in new markets were unsuccessful, due partly to overlap with Freightliner.
Sterling’s St. Thomas, Ontario plant is being closed, due to lack of demand for new trucks.
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