Daimler’s profit jumps on back of North American recovery - Automotive World
By Google News Motors ·
Home › Analysis › Daimler’s profit jumps on back of North American recovery
Daimler made a convincing recovery in North America, although a drop off in orders throughout the year might put a ceiling on growth. By Will Girling
Following the withering blow dealt by tariffs in Q2, Daimler Truck's performance rebounded in the third quarter. Group reported operating profit rose 89.0% year-on-year, to more than €1.0bn (US$1.1bn), as global volumes surged 26.3% to 91,260 units.
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Originally published by Google News Motors
