Daimler CEO sees "challenging" times for Mercedes

Newswire

FRANKFURT, Sept 27 (Reuters) - Daimler AG's Chief Executive Dieter Zetsche on Thursday called into doubt next year's profit target at Mercedes, pointing to a tougher environment for vehicle sales. Speaking at the Paris Auto Show, Zetsche said Mercedes' aim for a 2013 earnings before interest and tax margin of 10 percent had always been conditional on the business environment, which he said was becoming more challenging. "We've always explicitly said that it's a ...

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