Price war prompts worries over Daimler's outlook

Newswire

By Christiaan Hetzner FRANKFURT, July 26 (Reuters) - DaimlerChrysler is expected to nearly triple operating profit in the second quarter thanks to a turnaround at Chrysler, but analysts fear high car inventories in the U.S. signal a weak six months ahead. The 22 analysts polled by Reuters forecast operating profit jumping to 1.87 billion euros ($2.27 billion) on average from 641 million the previous year. The company will report on Thursday. To read the poll double click on ...

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