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MAN's trucks division aims for 7 pct margin in '06

MUNICH, Germany, March 28 (Reuters) - The commercial vehicles division of German industrial group MAN AG aims to achieve an operating profit margin of 7 percent in 2006 amid a clear rise in earnings, the company said on Tuesday.

The division, which posted an operating return on sales of 6.4 percent last year, will save a further 100 million euros ($120.4 million) in costs this year.