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Daimler earnings surpass forecasts

China Daily | Updated: 2009-07-30 08:01

Daimler earnings surpass forecasts

Daimler AG Chairman Dieter Zetsche. Bloomberg News

BERLIN: German auto and truck maker Daimler AG said yesterday it lost 1.06 billion euros ($1.51 billion) in the second quarter as sinking sales from the recession and charges related to its stake in Chrysler hurt earnings. But the result was better than analyst predictions and company shares rose.

Daimler earnings surpass forecasts

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