URGENT ¥¥¥ Daimler says 2012 profits up on record revenue, unit sales

German automaker Daimler said Thursday that its net profit rose by 8.0 percent to 6.495 billion euros ($8.8 billion) in 2012 on the back of record unit sales and revenues.

"The past financial year was overall a strong year for Daimler. We achieved new records for unit sales and revenue at both the group and Mercedes-Benz Cars," said chief executive Dieter Zetsche. Revenues rose by 7.0 percent to 114.3 billion euros and the group sold a total 2.198 million vehicles worldwide, 4.0 percent more than in the previous year.