FRANKFURT, Germany (AP) — Car and truck maker Daimler AG increased its profits by 48% to 4.0 billion euros ($4.8 billion euros) in 2020 thanks to extensive cost-cutting and a sales recovery in the second half for its highly profitable Merecedes-Benz luxury cars and sport-utility vehicles. The bottom line improved on 2.7 billion euros from […]
source https://www.seattletimes.com/business/cost-controls-luxury-sales-help-daimler-weather-pandemic/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology
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