WRAPUP 1-BMW, Daimler comfortable amid stormy U.S. markets

Newswire

(Wraps the two companies' results together) By Christiaan Hetzner and Michael Shields FRANKFURT, April 29 (Reuters) - The world's two largest premium carmakers, BMW and Daimler , brushed off U.S. economic gloom and stuck to their profit targets after putting money aside to weather a fall in used-car prices. BMW soothed market fears of a further deterioration in profitability, reporting on Tuesday underlying operating margins at its core automotive business rose more than expected in ...

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