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Deutz and Daimler Truck signed agreements for Deutz to access and develop Daimler Truck's medium- and heavy-duty engines for off-highway use. Daimler Truck will take a 4.19% stake in Deutz.
“The cooperation with Daimler Truck will significantly improve our starting position in a consolidating market as we will gain access to technologically advanced engines and will be able to attract new customer groups at the same time.”powertraininternationalweb.com
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