Christoph Rauwald and Peter Vercoe

Business

Daimler Profit Tops Estimates as China Leads Sales Recovery

Mercedes trucks and vans New Mercedes trucks and vans at a Daimler AG truck center in Kalbach, Germany, on Feb. 4. (Alex Kraus/Bloomberg)

Daimler AG reported significantly better first-quarter earnings than analysts expected, driven by strong demand for Mercedes-Benz cars, particularly in China.

April 16, 2021