Daimler says Mercedes profits to fall in 2004


FRANKFURT, July 29 (Reuters) - German-American carmaker DaimlerChrysler AG has cut its profit guidance for luxury unit Mercedes Car Group, forecasting a decline rather that stagnant results, the company said on Thursday. "Earnings for the full year are anticipated to be lower than in 2003 due to a changed model mix, exchange-rate effects and increased start-up costs for new products and expenses for the quality offensive," it said in a statement. In 2003, Mercedes Car Group posted an ...

Premium Content (PAID Subscription Required)

"Daimler says Mercedes profits to fall in 2004" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

more data and Insights


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×