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Latest Mercedes-Benz News

Daimler Group Hits Record Earnings For Q2 2011

With worldwide sales up 6% for the second quarter year on year, the Daimler Group has reported one of its best quarters in history. Group EBIT for the 2nd quarter of the current year hit €2,581 million versus 2010’s Q2 EBIT of €2,104 million. Net profit amounted to €1,704 million, which was 400 million Euros more than 2010’s Q2 income of €1,312 million. As a result, earnings per share this quarter amounted to €1.51. These figures are the result of Mercedes-Benz’s Q2 2011 sales of 527,600 cars and commercial vehicles worldwide. A buoyant Daimler Board Chairman, Dr. Dieter Zetsche, said, “Daimler developed very dynamically in the second quarter in terms… Continue Reading »

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