FRANKFURT, April 24 (Reuters) - German automaker DaimlerChrysler AG said on Thursday its first quarter operating profit rose 38 percent to 1.4 billion euros ($1.53 billion) from a year ago, beating market expectations. The company said it would be difficult to meet its 2003 operating profit target of $2 billion for its U.S. Chrysler unit, still in the midst of a turnaround plan, and warned that group revenues would fall to around 145 billion euros. A Reuters poll of 25 analysts put average ...
Premium Content (PAID Subscription Required)
"DaimlerChrysler Q1 beats consensus, warns on U.S." 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!
Current subscribers, please login or CLICK for support information.