Automaker Daimler Rebounds In Q4

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Automaker Daimler Rebounds In Q4

by Wochit 1:00 mins

Automaker Daimler Rebounds In Q4

by Wochit 1:00 mins

Automaker Daimler AG finished 2013 strongly after a rough start to the year that included a profit warning. Fourth-quarter operating earnings jumped 45 percent to 2.53 billion euros or $3.41 billion, from 1.74 billion euros, excluding a one-time gain from the sale of a stake in aerospace company EADS. The company said Thursday, revenues increased 8 percent to 32.09 billion with sales up for its small vehicles.

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