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Wednesday, April 1, 2015

Automakers profit from luxury models, N. America, China -McKinsey

... even for brands that traditionally have not played in that segment of the business. "Pickups driving around Greenwich, Connecticut, they're not going to job sites," said Steve Cannon, head of Daimler AG's Mercedes-Benz brand in the United States. ...

http://www.reuters.com/article/2015/04/01/autos-profit-idUSL2N0WY0TQ20150401?feedType=RSS&feedName=cyclicalConsumerGoodsSector

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