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Daimler Truck Considers Exit from China Amid Market Challenges

Originally Published 5 months ago — by Financial Times

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Source: Financial Times

Daimler Truck is considering exiting manufacturing in China due to a severe global downturn, US tariffs, and declining demand, while aiming to maintain R&D and sourcing access; the company faces challenges from market shifts and Chinese competition, with a decision expected by year's end.