July 31 (Reuters) - Germany's Daimler Truck

said on Wednesday it has cut its full year revenue outlook to a

range of 53 billion euros ($57.30 billion)to 57 billion euros.

The truck maker had previously forecast revenue of 55

billion euros to 57 billion euros for the year.

Daimler also slashed its outlook for unit sales to a range

of 460,000 to 480,000 units for the year, adding that it expects

its full year profit to be below prior year's level.

The outlook cut comes after the automaker booked an

impairment in the second quarter results earlier this month on

the value of its joint venture in China due to a "persistent

weak market" there.

The truck maker's announcement comes at a time when

earnings of major automakers have shown, including Stellantis

Porsche, and Mercedes that the

automotive market has gone through a

contraction

in the first part of the year, while a recovery looks still

uncertain for the months ahead.

The truck maker also slashed its full year revenue

outlook for its industrial business to a range of 50 billion to

52 billion euros.

($1 = 0.9249 euros)

(Reporting by Gnaneshwar Rajan in Bengaluru)