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Investors see similar boost from new S-Class, GLA, C-Class, but shares look over-valued compared with BMW, VW - Mercedes plan to introduce flashy new models and produce them much more efficiently than it managed with the old worthy dullards – substantial latest effort is starting to pay off big In the third quarter, Mercedes parent company Daimler reported profit before interest and taxes (EBIT) rose 16 per cent to €2.23 billion from €1.92 in the same period last year, as sales of the attractive new CLA and facelifted E-Class accelerated. With sales of brand new versions of the top of the range S-Class just getting underway, and a new GLA compact SUV-Crossover, set for launch in the spring, analysts expect profit margins to fatten and sales to gain momentum...more MORE LIKE THIS: Tesla - Distant dream or reality? 19 Oct 2013 Car market teeters between recovery and relapse 17 Sep 2013 STOCK
MARKET VIEW | US car sales forecasts revised upwards 19 Sep 2013 |
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