Daimler 4th Quarter Profits Surge 22% As New Models Gain Sales Traction

Daimler's fourth-quarter operating profit surged by 22 percent, lifted by demand for SUVs, compact cars and sales of its C class.

Earnings before interest and tax (EBIT) rose to 3.46 billion euros ($3.83 billion) in the quarter, the company said in a statement today.

Sales revenue rose 13 percent to 40.4 billion euros.

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MDarringer - 2/6/2016 8:42:16 AM

+1 Boost

Mercedes is definitely on game and it makes you wonder why some other makers are perpetually off game like Mitsubishi, Nissan, VW, and FCA.