Daimler Q3 net profit 1.6 billion euros, tops forecasts

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German luxury car maker Daimler, owner of Mercedes Benz, posted Thursday a third quarter net profit of 1.6 billion euros (2.2 billion dollars), well above market expectations.

The group also raised its full-year outlook and is now aiming for core earnings of more than seven billion euros, a statement said.

© 2010 AFP

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