Daimler, Volvo Post Surprise Profits on Shaky Auto Reprieve

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SOURCE: https://www.bloomberg.com/news/articles/2020-10-15/daimler-posts-3-6-billion-profit-on-car-recovery-and-cost-cuts

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Daimler AG and Volvo Group posted unexpected profits, and European car sales rose for the first time this year, in a tentative sign that the pandemic gloom is lifting for the auto industry.

As said here by Andrew Marc Noel, Oliver Sachgau, Charles Daly

Daimler, Volvo Post Surprise Profits on Shaky Auto Reprieve

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Andrew Marc Noel, Oliver Sachgau, Charles Daly