Mexican Media Brands
Daimler Says 1Q17 Operating Profit Zoomed 87%
Daimler AG, citing unaudited data, says its earnings before interest and taxes for January-March soared to €4 billion ($4.3 billion) from €2.2 billion in the first quarter of 2016.
#economics
Share
Daimler AG, citing unaudited data, says its earnings before interest and taxes for January-March soared to €4 billion ($4.3 billion) from €2.2 billion in the first quarter of 2016.
EBIT for the company’s Mercedes-Benz Cars unit jumped 59% to €2.2 billion ($.4 billion) for the period.
Daimler said late last month that it expects to report record until sales for the first quarter. The company is scheduled to report full quarterly results on April 26.
RELATED CONTENT
-
Achieving Efficiency?
A look at on-road fuel economy changes over 92 years.
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.