Friday, October 20, 2017

Daimler Q3 Profit Dips, Unit Sales Rise; Sees Significantly Higher FY17 Results

German automaker Daimler AG reported Friday lower profit in its third quarter, while revenues increased on strong unit sales. Looking ahead, for fiscal 2017, the company projects significantly higher EBIT, revenues and unit sales. The Mercedes-Benz Cars, Daimler Buses, and Daimler Financial Services divisions expect significantly higher revenues.

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