MAN sees European truck market halving in 2009

Newswire

FRANKFURT, July 30 (Reuters) - German industrial group MAN SE said on Thursday it expects the European truck market to "at least" halve in 2009, which would put growing pressure on its operating earnings in the second half. Bucking the trend, the performance in its diesel and turbo units would be on a "good level" in 2009, the company added. (Reporting by Irene Preisinger in Munich and Christiaan Hetzner in Frankfurt)

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