Mercedes eyes 4.25 bln euro profit by 2008 -report

Newswire

FRANKFURT, Dec 19 (Reuters) - DaimlerChrysler's premium auto division Mercedes Car Group aims to boost operating profit sharply to 4.25 billion euros ($5.10 billion) by 2008 while chopping its payroll, a German paper reported on Monday. A spokesman for DaimlerChrysler, the world's fifth-biggest carmaker, declined to comment on the report in newspaper Handelsblatt, which cited senior company management. Mercedes division chief Dieter Zetsche, who becomes group chief executive as well at ...

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