Mercedes to post first CORE effects in July-paper

Newswire

FRANKFURT, May 19 (Reuters) - DaimlerChrysler's luxury Mercedes Car Group division will announce the first positive effects from its "CORE" efficiency program at the end of July, Germany's Frankfurter Allgemeine Zeitung reported. "We are in the 2005 target corridor with our CORE earnings-improvement programme," Mercedes boss Eckhard Cordes told the newspaper in an interview to be published on Friday. "I expect we'll be able to report more on the first successes at the end of July," he ...

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