UPDATE 1-Mercedes loss hits DaimlerChrysler Q1 oper profit

Newswire

(Adds details from statement, background) FRANKFURT, April 28 (Reuters) - DaimlerChrysler's first-quarter operating profit fell 59 percent, but still beat analysts' expectations, as former cash cow Mercedes Car Group slumped to an operating loss of 954 million euros ($1.23 billion). The world's fifth-biggest carmaker reiterated on Thursday a forecast for slightly higher 2005 operating profit excluding restructuring costs of up to 1.2 billion euros for its loss-making Smart small car ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Mercedes loss hits DaimlerChrysler Q1 oper profit" 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!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
WardsAuto Blogs
Jul 1, 2014
blog

June 2014 U.S. Sales Thread (FINAL): Luxury Vehicles, Large Trucks Boost SAAR to 95-Month High

U.S. automakers dramatically outpaced expectations in June, raising the SAAR to its highest level since July 2006....More
Jul 1, 2014
blog

GM Blues, Sergio Walks the Line, 97-Month Loans

Where do you begin with the telling of these crazy stories?...More
Jun 27, 2014
blog

The Disconnect With Electric Cars 20

Automakers have spent billions of dollars, euros, and yen and won to produce EVs and FCVs, fervently hoping they’ll earn a return on that investment. So far they haven’t netted a nickel, and there’s nothing on the horizon to suggest they soon will....More

Sponsored Introduction Continue on to (or wait seconds) ×