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Daimler shares boosted 4.5% on Friday after the German luxury automaker posted forecast-beating third-quarter results, rallied by a better-than-expected recovery in sales of luxury cars in September. European car registrations increased
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Daimler will cut fixed costs, capex, and R&D spending at Mercedes-Benz by over 20% by 2025 as part of a strategy overhaul to take the brand further upmarket. The move
Volvo‘s totally autonomous truck is the first ever to be tested in operations deep underground in the Kristineberg Mine. The self-driving truck belongs to a development task targeted at enhancing
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