Daimler AG said Tuesday that its net profit during the period spiked to 2.05 billion euros $2.23 billion from 1.09 billion in the same quarter a year ago.It credited its investment in renewing its model line, including a new C-Class sedan and an expanded range of smaller vehicles. Overall, it said, revenue rose 16 percent during the quarter to 34.2 billion euros with shifting currency exchange rates providing a further boost…..Read more
