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German commercial vehicle manufacturer Daimler Truck continued to feel the weakness of the European economy in the third quarter, according to results published on Thursday. However, thanks to the still booming market in North America, Daimler Truck managed to keep the decline in results in check, with adjusted earnings before interest and taxes falling by 12% group-wide to €1.19 billion ($1.28 billion), the DAX-listed company reported from its headquarters located near Stuttgart. Analysts had, on average, expected larger losses. Revenue dropped by 5% to €13.1 billion due to decreased sales. O…

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