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Daimler, Volvo Post Surprise Profits on Shaky Auto Reprieve


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The New York Times
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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Summary

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