Mercedes targets 9.5 pct margin by 2009 - magazine

Newswire

FRANKFURT, Feb 28 (Reuters) - DaimlerChrysler's Mercedes Car Group premium division aims to boost unit sales by a fifth and generate an operating margin of 9.5 percent by 2009, a German magazine reported, citing company planning documents. DaimlerChrysler declined to comment on the report in Capital magazine, a summary of which was released ahead of publication on Thursday. The planning document envisions boosting unit sales at Mercedes -- which groups the Mercedes-Benz, Maybach and ...

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