Daimler Truck's operating profit halves as weak demand, tariffs hit North American market

May 6 (Reuters) - Daimler Truck, one of the world's biggest truckmakers, on Wednesday said its operating profit more than halved in the first quarter, hit by historically weak demand and import tariffs in its key North American market.

The company's adjusted operating profit was 498 million euros ($583.56 million), compared with 1.08 billion last year.

Daimler Truck's DTGGe.DE performance reflects a sharp slowdown in North America, where sales fell by a quarter to 29,432 units.

($1 = 0.8534 euros)


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