Daimler Earnings Seen Higher, Still Lagging BMW

Newswire

FRANKFURT, Feb 5 (Reuters) - Germany's Daimler is expected to post a surge in fourth-quarter profit on Thursday as its rejuvenated Mercedes-Benz model range helps Chief Executive Dieter Zetsche to turn around a legacy of profit warnings. Automakers are upbeat about global sales this year. Worldwide, auto sales in 2014 are seen rising 3.4 percent, according to research firm IHS, while LMC Automotive sees an increase of 5 percent. Premium auto makers are expected to benefit ...

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