The Ford Motor Company agreed today to sell its heavy-duty truck business to the Freightliner Corporation, a unit of Daimler-Benz A.G., in a move that would allow Ford to shed a money-losing business and Freightliner to increase its market share in the United States.

Who makes Freightliner?

Daimler AG acquired American truck manufacturer Freightliner in 1981. The company is headquartered in Fort Mill, South Carolina, and it operates as Daimler Trucks North America LLC. The company is known mainly for its heavy-duty class 8 diesel trucks, commonly known as semis, and also produces smaller class 5-7 trucks.

When did Ford stop making semi trucks?

The Ford L-series (also named Ford Louisville or, for the 1990s aerodynamic models, Ford Aeromax) is a range of heavy-duty trucks that were assembled and marketed by Ford between 1970 and 1998.