Mercedes-Benz Rushes to Catch Rivals
Jul 18th 2013 8:30PM
Updated Jul 18th 2013 8:36PM
German vehicle maker Daimler solidly beat second-quarter earnings estimates late last week, thanks to some one-time items. But earnings at Daimler's crown jewel, Mercedes-Benz, were down -- even as rivals BMW and Audi report record profits.
Can Mercedes keep up with its supercharged archrivals? In this video, Fool.com contributor John Rosevear digs into the numbers to explain why Mercedes is lagging -- and looks at the new models, like the CLA shown above, that Mercedes is counting on to finally boost its profits.
The article Mercedes-Benz Rushes to Catch Rivals originally appeared on Fool.com.Fool contributor John Rosevear has no position in any stocks mentioned. Follow him on Twitter at @jrosevear. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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