Daimler boosts Q2 oper profit despite Chrysler slip

Newswire

STUTTGART, Germany, July 27 (Reuters) - DaimlerChrysler's second-quarter operating profit rose 11 percent to 1.857 billion euros ($2.37 billion), beating market expectations, as a rebound at flagship Mercedes Car Group offset slumping profit at U.S. arm Chrysler. The world's fifth-biggest carmaker reiterated on Thursday that group operating profit would exceed 6 billion euros in 2006, up from just under 5.2 billion in 2005, even though Chrysler would slide into a third-quarter loss. ...

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