Daimler increases profit

Daimler increased net income to 1.09 billion euros in the first quarter of this year. The company expects further increase due to the rise of markets in Europe, USA and China.

New models and sales growth in China have allowed the company to nearly double its net profit  during first three months of 2014 and reach 1.09 billion euros (0.96 euros per share). For the same period last year, this amount was 564 million euros (0.5 euros per share).