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Technology

Daimler To Spin Off Truck Unit, Sharpen Investor Focus On Mercedes-Benz
car&bike Team
Feb 4, 2021, 3:22 PM
German carmaker Daimler said on Wednesday it plans to spin off Daimler Truck, the world's largest truck and bus maker, as it seeks to increase its investor appeal as a focused electric, luxury car business, sending its shares up nearly 9%.
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