Investors see similar boost from new S-Class, GLA, C-Class, but shares look over-valued
compared with BMW, VW - Mercedes plan to introduce flashy new models and produce
them much more efficiently than it managed with the old worthy dullards – substantial
latest effort is starting to pay off big
In the third quarter, Mercedes parent company Daimler reported profit before interest and
taxes (EBIT) rose 16 per cent to €2.23 billion from €1.92 in the same period
last year, as sales of the attractive new CLA and facelifted E-Class accelerated.
With sales of brand new versions of the top of the range S-Class just getting underway, and a new GLA compact
SUV-Crossover, set for launch in the spring, analysts expect profit margins to fatten and sales to gain
MARKET VIEW |
Tesla - Distant dream or reality?
market teeters between recovery and relapse 17
MARKET VIEW | US car sales forecasts revised upwards 19 Sep 2013