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Automaker Daimler rebounds after lockdowns, raises outlook

by David McHUGH
| October 23, 2020 1:03 AM

FRANKFURT, Germany (AP) — Daimler, the maker of Mercedes-Benz luxury cars and Freightliner trucks, saw third-quarter profit rebound as the company clamped down on costs and auto sales recovered after the coronavirus lockdowns of earlier in the year. The company raised its outlook for expected earnings.

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