Zero percent financing incentives now in full bloom in the U.S. shouldn’t be a major factor in whether DaimlerChrysler AG achieves its profit goals, says Chief Financial Officer Manfred Gentz. Mr. Gentz, in outlining the automaker’s third quarter financial performance for analysts, says DC still is aiming for a profit of E5.5 billion to E6.5 billion ($5.0 billion-$5.9 billion) for 2002. "We’re sticking with our targets, but it is highly dependent on the market," he says. "We’ll try to come ...
Premium Content (PAID Subscription Required)
"DC: 0% Offer Not Clouding Profit Outlook" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.