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Business

Daimler forecasts profit jump

Published: 07 Feb 2014 - 07:58 am | Last Updated: 28 Jan 2022 - 08:47 pm

An employee works on Mercedes-Benz S-class cars at the plant in Sindelfingen near Stuttgart. Daimler forecast a jump in profit this year at its main luxury car division after strong sales of new models such as the S-Class limousine in the United States and China helped it beat quarterly earnings forecasts.