Daimler raises earnings target

27 July 2010, 4:32 am

FRANKFURT (Germany) - A REMARKABLE recovery by luxury car makers has led German Daimler to ramp up output and forecast huge profits this year, underscoring the country's export prowess. Daimler raised on Tuesday its core earnings outlook for 2010 to six billion euros (S$10.6 billion) as second-quarter net profit pulled from a loss to hit 1.3 billion euros.... Read More »

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