Daimler: Sales and Percent

daimler: Chinese buyers were especially keen to get behind the wheel of a Mercedes, with unit sales increasing 20 percent there. "Daimler remains on track to achieve our forecast for the full year, despite volatile sales and finance markets, the carmaker finance chief Bodo Uebber said in the earnings report, according to Deutsche Welle. However, sales "in the magnitude of the previous year" means the company is less confident of achieving "a slight increase" it announced in July, when it released its second quarter results. Growth at Daimler was powered by the cars division, whose Mercedes and Smart brands saw 12 percent growth in sales. The announcement was a disappointment for investors, causing Daimler shares to slump by more than 3 percent in morning trading at the Frankfurt Stock Exchange on Friday. German Future Prize 2016: the teams' inventionsA highly sought-after trophy Since 1997, the German Future Prize nominates three teams per year for an inventors' award. Susan Joho, analyst with Julius Bär, said the car company had fulfilled high market expectations in the quarter. "But the future looks more sobering because Daimlers outlook is weak," she told the news agency Reuters. (news.financializer.com). As reported in the news.