Daimler, which was spun off from Mercedes-Benz last year, raised its outlook in October for full-year revenues to 50 billion to 52 billion euros (S$70.7 billion to S$73.5billion), from 48 billion to 50 billion euros. It said it expected earnings to be 5 per cent to 15 per cent above last year's level, rather than unchanged, as previously forecast.