Mercedes margins to lead segment - CEO in magazine

Newswire

FRANKFURT, May 18 (Reuters) - DaimlerChrysler , which just agreed to sell Chrysler, aims to lift profitability at luxury arm Mercedes Car Group to the head of its class, its chief executive told German magazine Auto Motor und Sport. "We will drive our operating margin so far that we will be leading the premium market," Dieter Zetsche said, according to an advance copy of an article to be published in its upcoming issue. Profitability at the Mercedes Car Group amounted to 6.6 percent of ...

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