Daimler Q1 profit rises, Mercedes narrows loss

Newswire

FRANKFURT, April 27 (Reuters) - DaimlerChrysler posted first-quarter operating earnings on Thursday that beat market expectations as premium division Mercedes Car Group narrowed its loss, but profit at U.S. arm Chrysler more than halved. Operating profit at the world's fifth-biggest carmaker rose 42 percent to 891 million euros ($1.11 billion) in the first three months of 2006 from 628 million euros a year ago, beating a Reuters poll average estimate of 841 million euros. It forecast ...

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