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Daimler Improves Mercedes Margin as S-Class Bolsters BMW Pursuit
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Daimler AG’s plan to restore its Mercedes-Benz brand to the top of the luxury-car market gained traction in the second quarter as surging deliveries of the flagship S-Class sedan propelled a jump in profitability.
Earnings before interest and taxes at Mercedes-Benz Cars, which also includes the Smart urban-vehicle marque, widened to