FRANKFURT, Germany (AP) - Automaker Daimler AG says net profit rose slightly in the second quarter as its Mercedes-Benz luxury car business boomed but profits lagged at its truck, van and bus businesses.
The company reported Wednesday that net profit was up 2 percent compared to a year ago, to 2.51 billion euros ($2.9 billion) from 2.45 billion euros. Revenue increased 7 percent to 41.16 billion euros ($48 billion).
The Mercedes division had its best quarter for unit sales ever, with 2.4 billion euros ($2.8 billion) in operating profit. That was a 70 percent jump from last year, when the company took a 440 million euro charge for recalls of cars equipped with defective airbags made by supplier Takata. E-Class sedan and SUV sales helped.
Operating earnings fell 13 percent in its truck business.