With the increase in car demand this quarter, the operating profit of Mercedes-Benz unit is also expected to rise.
In a statement, CEO Dieter Zetsche said that Mercedes-Benz Cars’ earnings before interest and taxes in the second quarter will go over the 806 million euros ($996 million) posted for the first quarter. Furthermore, full-year Ebit is seen to be at the “upper end” of its forecast of 2.5 billion euros to 3 billion euros. Daimler, the maker of the Mercedes-Benz brand the world’s second-largest luxury carmaker, aims to eventually take the top spot from BMW AG and to successfully fend off Volkswagen AG’s Audi.
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