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Daily Digit: Daimler Turns a Corner

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Daily Digit: Daimler Turns a Corner
AIRED:
2.83 billion euros is today's daily digit in Europe - Daimler's net profit in the second quarter. That's double what it was in the first quarter - thanks to the sale of its 7.5% stake in EADS. The boost was better than expected and helped Daimler's industrial cash flow top 3.5 billion euros. The German auto maker has been struggling to match rivals BMW and Volkswagen Audi for scale and efficiency in smaller cars.moreless
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