Daimler's New Models Pay Off - Presented by: The Aol. On Network

New models helped Daimler drive home a 45 percent rise in fourth-quarter earnings. Profitability for the maker of Mercedes luxury cars was up 8 percent from 5 the previous year. The boost was better than expected and helped raise the company's quarterly revenues to 32 billion euros. Net profit was down 36 percent thanks to extra costs involved in rolling out its C-Class model. And the sale of a stake in EADS. But CEO Dieter Zetsche says a push into China is paying off.



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