, Columnist
That Fine-Looking Mercedes Isn't for Everyone
Investors are worried about cash flows and investment.
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Investors might not admire Daimler quite as much as buyers seem to love its cars. But a 13 percent jump in quarterly net profit shows the Mercedes-maker in reasonably fine fettle. The car unit achieved an 11.8 percent return on sales in the latest three-month period, almost double what it was four years ago.
I could bore you with a long technical explanation about how that transformation came about. But it really boils down to Mercedes-Benz previously making cars like this: