Daimler third-quarter operating profit down 8% on weaker car and truck sales

FRANKFURT (Reuters) - Daimler on Thursday announced cost cuts as it reduced its revenue outlook for Mercedes-Benz trucks unit and reported an 8% drop in third-quarter operating profit.Earnings before interest and taxes fell to 2.69 billion euros, down from 2.49 billion euros in the year-earlier period as the trucks division posted a drop in sales. "In order to master the transformation in the next few years, we need to increase our efforts considerably: we have to significantly reduce our..