Freightliner LLC Announces Plans to Expand Used Trucks Business Offering Under New Leadership

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Portland, Ore. – March 15, 2006 – Freightliner LLC today announced a leadership change at Freightliner Market Development Corporation (FMDC), Freightliner’s used truck business. Effective immediately, Bill Gordon, President of FMDC, will devote full-time efforts toward a significant, strategic project on behalf of Freightliner LLC. Gordon will be replaced by Rich Ferguson, FMDC’s General Manager of Acquisitions and Operations. Ferguson will report directly to Mark Lampert, Senior Vice President of Sales, Freightliner LLC.



Gordon has worked for Freightliner LLC for 30 years. During his tenure he held several key finance positions, including Corporate Treasurer. In 1996, he was named FMDC’s first president, and led the creation of SelecTrucks, Freightliner’s used truck distribution network, which now has 41 outlets in the U.S. and Canada.



“Bill Gordon has had a long and distinguished career with Freightliner LLC in a number of executive positions,” said Chris Patterson, President and CEO of Freightliner LLC. “He guided FMDC through the used truck industry downturn earlier this decade and has grown SelecTrucks into North America’s largest used truck network. Today, our used truck business is a significant contributor to the overall company.”



As the new president of FMDC, Rich Ferguson plans to continue to build on Gordon’s successes and further expand its used truck product offering.



“Freightliner’s used truck business provides a valuable service to our customers in every cycle of their business, whether they’re seeking quality used vehicles or looking for an outlet for their trades,” said Ferguson. Going forward, Ferguson hopes to broaden SelecTrucks’ inventory selection and expand its lease and warranty options, financing products and buyer’s assurance program. “We want to increase our customer base by adding more medium-duty trucks, day cabs and Sterling and Western Star vehicles,” he said.



Ferguson first joined Freightliner LLC in 1999 as a member of its Treasury group and later served as CFO and Vice President of Finance for Orion Buses, the transit bus brand of DaimlerChrysler. In 2002, he became FMDC’s General Manager of Acquisitions and Operations.



SelecTrucks and Freightliner Market Development Corporation are operating divisions of Freightliner LLC. Headquartered in Portland, Oregon, Freightliner LLC is the leading heavy-duty truck manufacturer in North America. Freightliner produces and markets Class 3 through 8 vehicles under the Freightliner Trucks, Sterling, Western Star, and Thomas Built Buses nameplates. Freightliner LLC is a DaimlerChrysler company, the world’s leading commercial vehicle manufacturer.



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