Daimler Earnings Review: Robust Volume Growth And Rich Product Mix Boost Profitability At Mercedes

Revenues rose 10% year-over-year to €129.9 billion ($150 billion) in the year, and the group sold a total of 2.54 million vehicles, up 8% from 2013 levels. Mercedes, along with the vans segment, forms 62.4% of Daimler's valuation by our estimates, and high unit sales growth of 10% and 9% at the cars and vans divisions, respectively, boosted the group's 2014 results. While BMW and Volkswagen's Audi still maintained their lead over Mercedes in terms of global vehicle sales in the premium market ...