DaimlerChrysler Q2 operating profit down

Newswire

FRANKFURT, July 24 (Reuters) - German automaker DaimlerChrysler said on Thursday second-quarter operating profit slumped 62 percent to 641 million euros ($736 million), hit by a deep loss at its U.S. Chrysler arm. The company, which issued a shock profit warning last month, said it still aimed to post an operating profit of about five billion euros for the full year. The fall in quarterly profit was less than analysts were expecting. It also said risks remained for Chrysler but it was ...

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