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Daimler Says Its Mercedes Unit Set To Hit Record Sales
- Detroit Bureau, Friday, October 24, 2014 10 AM
Daimler AG used a surge in sales of new Mercedes-Benz models to boost its revenue by 10% in the third quarter despite the soft global economy, which the company expects to slow further by the end of the year. Daimler Group AG net earnings also increased significantly to 2.82 billion euros compared with 1.89 billion euros in the third quarter of last year and Mercedes-Benz cars is on its way to record sales this year.
