FRANKFURT (Bloomberg) -- Daimler said second-quarter profit rose 12 percent as the top-of-the-line Mercedes-Benz S-class sedan's sales doubled and the company scaled back spending.
FRANKFURT (Bloomberg) -- Daimler said second-quarter profit rose 12 percent as the top-of-the-line Mercedes-Benz S-class sedan's sales doubled and the company scaled back spending.
Despite discounts by brands such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.