FRANKFURT, Germany — Daimler, the maker of Mercedes-Benz luxury cars and Freightliner trucks, saw third-quarter profit rebound as the company clamped down on costs and auto sales recovered after the coronavirus lockdowns of earlier in the year. The company raised its outlook for expected earnings.

Highly profitable vehicles such as the GLA, GLB and GLS sport-utility vehicles boosted earnings, as did the economic recovery in China, said CFO Harald Wilhelm. The existing version of the S-Class luxury sedan also did well even though it is being replaced by a new model.