Europe Sees Bottom of Downturn as Daimler to Vinci Lead Rebound

Europe Sees Bottom of Downturn as Daimler to Vinci Lead Rebound

2013 Mercedes-Benz USA via Bloomberg

Daimler, which last year indefinitely postponed a profit target that it originally aimed to achieve in 2010, forecast significant gains in second-half earnings as the western European auto market bottoms out and models such as the new CLA compact four-door coupe and the overhauled S-Class luxury sedan boost demand.