FRANKFURT, Dec 28 (Reuters) - Car maker DaimlerChrysler is selling its heavy motor unit MTU Friedrichshafen to Swedish buyout firm EQT, the world's fifth-biggest carmaker said in a statement on Wednesday. DaimlerChrysler said it expected the sale to boost operating profit by 0.4 billion euros and net profit by 0.3 billion euros. The deal would close in the first quarter of 2006, it said. MTU makes engines for ships, locomotives, power plants, heavy vehicles and tanks. It had sales of ...
Premium Content (PAID Subscription Required)
"Daimler sells MTU diesel motor unit to EQT" 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: email@example.com or phone: (248) 799-2642