Daimler Gets 260-Bus Order From Dubai

German car and commercial vehicle maker said its EvoBus unit received an order for 260 Mercedes-Benz Citaro city buses from the Emirate of Dubai, but didn't release financial details.

FRANKFURT (AP) -- German car and commercial vehicle maker Daimler AG said Tuesday its EvoBus division received an order for 260 Mercedes-Benz Citaro city buses from the Emirate of Dubai, but didn't release financial details.

Stuttgart-based Daimler, which also makes Mercedez-Benz cars and Freightliner trucks, said production of the buses for Dubai's Roads & Transport Authority will commence in the current quarter, and that the deal also includes a multiyear service and maintenance agreement.

Shares of Daimler were down 2.6 percent at euro21.05 ($28.41) in Frankfurt afternoon trading.

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