eMercedesBenz

Mercedes-Benz CLS
 
 
 
Mercedes Car Group On Track To Hit Financial Target
Posted June 28th, 2006 at 12:30 PM CST

DaimlerChrysler AG Chairman of the Board of Management and head of Mercedes Car Group Dieter ZetscheIn financial news, DaimlerChrysler CEO Dieter Zetsche has stated that the Mercedes Car Group, comprised of the Mercedes-Benz, Maybach and smart brands, is on track to meet its financial operating target by next year.

In an interview given to herald the launch of the smart brand here in the United States, Zetsche stated: "We are well on our way to 7 percent return on revenues next year as promised and I do not consider that hitting the ceiling for a luxury brand."

And with that, investors around the world are breathing a collective sigh of relief, briefly forgetting about the smart brand's approximately 21.5% year-to-date decline in sales.

For more info, head over to MSN Money for the full article.



Return To Previous Page...
 
 
 
Home   |   Archives   |   Send us a tip   |   Contact    |  About
 
 

 
About Us
Article Archives
 
Have A Story?
 
Links
 
 
Resources
 
RSS Feeds
Add to My Yahoo!
Subscribe in NewsGator Online
RSS 2.0 Articles
 
 
 
 
 
 
 
 

Copyright © 2008, eMercedesBenz, inc. All rights reserved. Mercedes-Benz is a trademark of Daimler AG.
Photo: Copyright © 2008 Daimler AG