After two disappointing years, the German automaker rebounded in 2013 with a 6.6% revenue bump. While Daimler has suffered through Europe’s financial woes, the maker of Mercedes Benz has been able to take advantage of improved automotive markets in the U.S. and China. New models of the Mercedes S-Class and E-Class helped the brand’s sales in China rise by more than 50% during the first quarter of 2014. What’s more, Daimler expects demand for cars to rebound in Western Europe in the near future.
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