UPDATE 1-Daimler set to spin off truck unit by year end - CFO

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German carmaker Daimler is on track to spin off Daimler Truck, the world's largest truck and bus maker, by the end of the year, its finance chief was quoted as saying on Sunday. "We are right on schedule with the detailed preparations for this complex project and want to float Daimler Truck on the stock exchange as an independent company by the end of this year," CFO Harald Wilhelm told the Automobilwoche weekly. "We are convinced of the industrial logic and benefits of the planned realignment of Daimler and the spin-off of Daimler Truck."