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Daimler’s second quarter profit surges


The parent company of Mercedes-Benz, the third biggest premium automaker in the world, announced its second-quarter profit climbed 12%, buoyed by cost cutting efficiency and increased sales for the top of the line S-Class. A statement released by Stuttgart, Germany-based Daimler, said that the company’s EBIT (earnings before interest and taxes) climbed from 2.19 billion euros to 2.46 billion euros ($3.32 ...
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More daimler articles

[VIDEO] Daimler crashes the new Smart ForTwo into the S-Class
The new generation of the Smart ForTwo has recently had its first ever crash test, just a couple of days after it has been officially unveiled. If you are wondering just ...
Daimler not raising stake in Russia’s Kamaz
The German truck and carmaker announced it considers giving up its long-running plan to increase its stake in Russian truck maker Kamaz, amid rising tensions between the country and Western ...
[VIDEO] The future is here – Mercedes-Benz Future Truck 2025 Concept
As the title “suggests”, Mercedes-Benz has pulled the wraps off a futuristic truck concept which has been “miraculously” named the Future Truck 2025 Concept. The model in question is coming with ...
Mercedes posts robust June sales
Daimler, the parent of luxury automaker Mercedes-Benz has announced the brand’s figures for last month, with the company’s sales growing 8% buoyed by consumer appetite for the compact lineup. Mercedes-Benz, the ...
Daimler fighting to make Smart attractive again
Back in 1998, Daimler, the parent of Mercedes-Benz, rolled the dice and decided that people in cities want small cars that can be parked in pairs on a regular parking ...
Daimler chief says new smart to bring profit
The Smart brand has been a mixed affair for Daimler, turning out unprofitable for years. Now, Daimler CEO Dieter Zetsche forecasts the newly developed FourFor model would be a hit, ...
Daimler CEO says EU parliament elections most important
Politics is often a source of power or weakness for the automotive industry, with the latest example of a concerned executive being Dieter Zetsche, chief executive of Daimler AG. The executive ...
Daimler in search for the ever-higher earnings margin
The parent company of the Mercedes-Benz brand is searching for new ways of continuously improving the profitability goal margins and is now thinking of shrinking its home country retail unit ...
Daimler almost doubles its Q1 net profit
As the sales for the Mercedes-Benz brand continued to rise, the parent company, Daimler, announced first quarter revenue surged, helped by the compact cars line-up and continued growth in China ...

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