MAN aims for Q2 profit at European trucks business

Newswire

FRANKFURT, April 29 (Reuters) - Germany's MAN SE believes its core European truck unit MAN Nutzfahrzeuge can return to profit in the second quarter after it swung to a 57 million euro ($75.9 million) operating loss in the first three months. "We expect positive earnings for the European commercial vehicle business in the following quarter," a spokesman for MAN said on Thursday. MAN's other commercial vehicle unit, MAN Latin America, posted a 70 million euro profit as demand in Brazil for ...

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