Mercedes-Benz E-Class Buoys Daimler Earnings
By Michelle Krebs October 20, 2009Daimler AG beat analysts third-quarter earnings estimates and improved its cash flow, 
largely on the success of the new E-Class.
Daimler made about $700 million before interest and taxes, the automaker reported. That was nearly a $2.2 billion swing from a loss to a profit.
In the U.S., Mercedes-Benz's September sales were off nearly 10 percent from a year earlier, but sales of the just-launched E-Class soared 28 percent.
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