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Trucks boom - Germany - Powers MAN as shares soar
FRANKFURT,Germany -Reuters, by Michael Shields and Christiaan Hetzner -May 4, 2006: -- Germany's MAN AG extended the string of forecast-beating results by European truckmakers on Thursday, boosting first-quarter operating profit nearly 80 percent and sending its shares soaring... Like Swedish rival Scania, MAN said European demand for trucks and buses could slow later this year once strict new Euro 4 emission standards take effect in October, but it forecast the market would advance again in 2007...
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