DETROIT – What a difference a year makes. That’s the sentiment executives at DaimlerChrysler AG are expressing as the auto maker reports second-quarter operating profit surged 225%, to €2.1 billion ($2.53 billion), on a 9% increase in revenues totaling €37.1 billion ($45.1 billion). Most surprising was Chrysler Group, which led DC’s profit growth. The U.S. arm reports an operating profit of €516 million ($628 million), a vast improvement over the gut-wrenching €948 million ($1.1 billion) ...
Premium Content (PAID Subscription Required)
"DC Profits Make Dramatic Rise; Cordes Takes Over Mercedes" 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.