Summary Box: Mercedes helps Daimler 4q profit rise (AP)published Thu, Feb 09 2012 12:25 GMT
AP - CHINA CONNECTION: Strong sales of Mercedes luxury cars in China and the U.S. helped German automaker Daimler AG post a stronger than expected 57 percent increase in fourth quarter profits. The company made net profit of euro1.78 billion ($2.36 billion), ahead of the average forecast compiled by FactSet of euro1.30 billion.
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