Re: DC posts profit downgrade

Sep 23, 2006 0 Replies


Although still profitable overall, DaimlerChrysler has issued a


> revised profit outlook for the third quarter, blaming
> slower-than-expected North American sales, but will still end up on > the up side.

The $1.7 billion expected loss at Chrysler almost sinks DC. Fortunately Mercedes is expected to make $2.1 billion, even with their not so Smart losses. (figures from Business Week)

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