Daimler 3Q Profit Beats Analysts Estimates

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Oct. 24 (Bloomberg) –- Bloomberg’s Ryan Chilcote reports on Daimler earnings which were helped by a wider lineup of compacts vehicles. He speaks to Mark Barton on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

Asking banks to work on capitalization.

We are not starting from scratch but this is the beginning of a new way of doing things.


Welcome back to "countdown." i am mark barton.

Breaking earnings from dime learn -- daimlerchrysler.

They beat profit for the third quarter coming in for 3.2 3 billion, better than the third quarter last year a really interesting carmaker right now.

They are trying to keep up with bmw, audi.

If you come up with a huge lineup of cars.

They have 23 out there right now.

Basically, mercedes buyers have never had so much choice.

The interesting thing going into earnings is you never knew exactly if you win out because it costs money to make more hours.

They had a great sales quarter the beginning of the months and nearly doubling their sales, much better growth than we saw at bmw, vw, and audi.

We already knew the sales were good but exactly how much it cost to come out with all of these cars that have been attracting these buyers away, we did not know and it looks like they are coming out there.

2013 would not be brought back as a plan but a model.

It would not cost nearly as much as the $500,000 a may balk would cost you.

-- a maybach would cost.

Literally, single digit sales.

You drove one, didn't you?

Understated style.

I would not call it ostentatious.

Some people might.

Not nearly as flashy as a rolls- royce or something.

A really nice luxury car for a person who lives in their car.

Normally if you own one, you don't drive it.

You are driven.

By your butler.

Maybe if they had the day

This text has been automatically generated. It may not be 100% accurate.


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