Mercedes-Benz E-Class Buoys Daimler Earnings

by Auto Observer on October 20, 2009

Daimler AG beat analysts third-quarter earnings estimates and improved its cash flow, largely on the success of the new E-Class. Daimler made about $700 million before interest and taxes, the automaker reported. That was nearly a $2.2 billion swing from a loss to a profit. In the U.S.,

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