Mercedes maker Daimler cautious after record year
German auto and truck giant Daimler, maker of Mercedes-Benz cars, said on Thursday it achieved record sales and profits in 2011, but warned that earnings will be flat this year.
Daimler executives at today's annual news conference. German auto and truck giant Daimler, maker of Mercedes-Benz cars, said on Thursday it achieved record sales and profits in 2011, but warned that earnings will be flat this year.
Daimler said in a statement it booked bottom-line net profit of 6.029 billion euros ($8.0 billion) in 2011, a leap of 29 percent from the previous year.
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About the author
- Writer: AFP News agency
- Position: Agence France-Presse
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