Daimler AG Q2 2016 Earnings Results

Daimler AG reported strong Q2 2016 results with 7% growth in group unit sales to 761,300 vehicles and EBIT adjusted for special items of €4.0 billion. Mercedes-Benz Cars achieved record quarterly unit sales of 546,500 units, while the company launched new vehicle models and expanded autonomous driving capabilities with the Mercedes-Benz Future Bus. Strategic initiatives included strengthening pension assets through Renault/Nissan share transfers and expanding commercial vehicle sales centers regionally.