Daimler Trucks North America said Tuesday it will discontinue its Sterling Trucks brand in March, eliminate 3,500 jobs and close two North American factories in an effort to streamline operations.

Jordan Brand offered Sterling, who is currently under contract with Nike, a deal worth as much as $120 million to wear its soccer boots, according to a report from British newspaper The Telegraph.

In announcing Sterling’s demise, Daimler noted that the brand’s models have substantial overlap with offerings in the Freightliner Trucks product line and have achieved only one-fourth the ...

With sales continuously falling, Rover eventually decided to shutter the Sterling brand in 1991. Forget 30,000 cars a year, as Sterling was only able to shift 35,000 models over its five years in ...

NEW YORK, March 25, 2019 /PRNewswire/ -- Sterling, the world's leading background and identity services provider, announced today the appointment of Josh Peirez to CEO. Peirez joined the company ...

A national marketing and advertising company based in New York has named a new CEO as it announced that it is absorbing the Cincinnati office of a sister company. Sterling Brands on Nov. 11 ...

Manufacturing operations for Sterling trucks remain in St. Thomas, Ontario. The St. Thomas Truck Manufacturing Plant employs over 2,100 people in the production of Sterling-brand heavy- and medium ...

Daimler AG will drop its Sterling truck brand in March and close two North American plants to address continuing depressed demand across the industry, the world's biggest truckmaker said on Tuesday.