UPDATE 1-Mercedes aims for 8 pct operating margin in 2007

Newswire

(Adds background, details, comments) STUTTGART, Germany, Sept 25 (Reuters) - DaimlerChrysler's Mercedes Car Group could achieve an 8 percent operating margin and boost productivity by just over 7 percent in 2007, Mercedes Chief Operating Officer Rainer Schmueckle said on Tuesday. The passenger car arm of Daimler earned a return of 8.2 percent of sales in the first half. "There is no reason why it should be any worse in the second half than in the first one," Schmueckle said. ...

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