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5Volvo earns $103M in Q1, $370 million for CY 2010

Volvo has posted a solid first quarter, with earnings jumping to $103 million. That's nearly double the Q1, 2010 totals, in part due to continued strong demand for its XC60 crossover. The Geely-owned automaker expects the revenue to continue to flow throughout 2011, as the automaker is hoping to increase sales by 70,000 units on the year to 450,000 units.

2DaimlerChrysler 2Q numbers are in: Mercedes Up, Chrysler Down

DaimlerChrysler has just released its numbers for the second quarter of 2006, and overall it was a good quarter for the company as a whole. DCX saw its operating profit in the second quarter rise 11 percent to $2.37 billion USD. The profits were made on the backs of the Mercedes Car Group, which saw its operating profit skyrocket from just $15.3 million a year ago to $1.03 billion in 2Q 2006. DCX's Truck Group and Financial Services also increased their operating profit.

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