FRANKFURT, April 26 Daimler AG hiked
its guidance on Wednesday and said it now expects a significant
rise in earnings before interest and taxes (EBIT) this year,
lifted by surging sales of Mercedes-Benz luxury cars and sports
"We are very confident for the remainder of the year to
achieve our financial as well as our strategic goals," Daimler's
Chief Financial Officer Bodo Uebber said in a statement.
In February, Daimler had said it expected only slight growth
in group EBIT, but record sales of Mercedes passenger cars in
the first quarter helped the Stuttgart-based carmaker to achieve
In March alone, sales of the new Mercedes-Benz E-Class, a
volume model for the carmaker, surged by 65 percent.
(Reporting by Edward Taylor; Editing by Ludwig Burger)