Latest News Updates From Christoph Rauwald and Chris Reiter

Business

Daimler Upbeat on Profit Outlook as Luxury Cars Offset Spending

Daimler AG struck an upbeat tone, calling for “slightly” higher 2018 earnings, as sales growth of its higher-priced Mercedes-Benz luxury cars such as the S-Class coupe helps offset record spending to develop electric vehicles.

April 27, 2018