Thursday, July 26, 2007

Mercedes' profit nearly doubles

MERCEDES' PRE-TAX profit nearly doubled in the second quarter.
Daimler Chrysler said the Mercedes unit earned $1.65bn in pre-tax profit in the period from sales only marginally up at $17.26bn.
The company did not report results from the Chrysler Group or Chrysler Financial because of their impending sale to Cerberus.

DATED: 26.07.07

FEED: AW





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