FRANKFURT (Reuters) – Daimler <DAIGn.DE> Chief Executive Ola Kaellenius on Thursday said the company’s Mercedes-Benz luxury brand will seek to develop its high-end luxury vehicle segment as a way to hike profits.
“I see the strongest growth in the upper end of the segments where we are active,” Kaellenius told journalists in a call to discuss the company’s quarterly results.
(Reporting by Edward Taylor; Editing by Riham Alkousaa)