UPDATE 1-Daimler Q1 profit helped by China car demand

Newswire

* Says still sees 2011 EBIT up significantly * Q1 revenues 24.73 bln euros, slightly above consensus * Q1 EBIT 2.03 bln euros vs poll avg 1.99 bln euros * Shares indicated 0.2 percent lower (Adds further details) FRANKFURT, April 29 (Reuters) - Daimler posted stronger than expected first-quarter operating profit as its passenger car business was boosted by demand from emerging markets such as China. Global luxury car makers, from Volkswagen's Audi to BMW , have racked up ...

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