|
 In 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.
|
