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Latest Mercedes-Benz News

Daimler Reports Strong Profit in Second Quarter of 2014

A sharp rise in sales was reported by Daimler for its second quarter this year. The improved sales were mainly thanks to the multinational corporation’s Mercedes-Benz division according to Wall Street Journal. The figures gave the corporation a renewed vigor in its race against its rival brands BMW and Audi. The source said that the record sales of Mercedes-Benz were fueled up by the soaring demand for its flagship vehicle, the Mercedes-Benz S-Class sedan. The strong performance of the Mercedes division was complemented by Daimler’s higher profits in its truck and financial services businesses. All these plus the cost-cutting measures of the corporation are expected to save it an estimated… Continue Reading »

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