The German luxury car maker said net profit rose to 3.945 billion euros from EUR3.49 billion in last year's first quarter. Revenue increased 7.6% to EUR37.52 billion. Read More...
By David Sachs
Mercedes-Benz Group AG on Friday confirmed its outlook for the year and reported higher profit and revenue in the first quarter on sales of top-end cars and vans and improved pricing.
The German luxury car maker said net profit rose to 3.945 billion euros ($4.35 billion) from EUR3.49 billion in last year’s first quarter. Revenue…
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