DaimlerChrysler trucks business sees 2007 profit
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DaimlerChrysler's (DCXGn.DE)  market-leading trucks business will make an operating profit  this year despite a sharp U.S. market contraction, division  head Andreas Renschler told reporters on Friday.
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DaimlerChrysler AG, the world&#39;s fifth- biggest carmaker, reported a third-quarter profit as Chrysler&#39;s US sales rose and a year-earlier write-off wasn&#39;t repeated.
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Automaking giant DaimlerChrysler AG said Thursday it earned 951 million euros ($1.18 billion) in the third quarter on good performances from its financial services division and its U.S. Chrysler arm, rebounding from a 1.7 billion euro loss a year ago when it had a large one-time write-off.
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US-German auto group DaimlerChrysler will begin building trucks in China next year and commercial vans in 2006, the president of the company's trucks division said.
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DaimlerChrysler's (DCXGn.DE) third-quarter operating profit rose 7 percent, just below analyst expectations, as gains at U.S. arm Chrysler helped offset weaker earnings at premium carmaker Mercedes.
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Automaker DaimlerChrysler AG said Friday it will charge 400 million euros (&#36;492 million) against earnings in the third quarter to cover the cost of recalls and past quality problems at Japanese truckmaker Mitsubishi Fuso Truck and Bus Corp, which is 65 percent owned by DaimlerChrysler.
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German carmaker Daimler (DAIGn.DE)  aims for higher growth and to be one of the world's most  profitable car manufacturers, its chief executive told workers  in a letter, Frankfurter Allgemeine Sonntagszeitung reported.
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Automaker DaimlerChrysler AG said Wednesday its overall profit fell 14 percent in the second quarter, but that profits rose from its Chrysler Group and the related financial services business in North America.
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German auto group Daimler published broadly positive third quarter results Thursday showing that strong sales of Mercedes cars offset a disappointing performance by its trucks division.
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Daimler AG  generated third-quarter earnings before interest and tax (EBIT) of 1.89 billion euros ($2.70 billion), just ahead of market expectations, as profits continued to rise at its Mercedes-Benz Cars division.
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General Motors Corp. reported a net profit on Wednesday of $950 million for the fourth quarter of 2006 due to cost cuts, higher automotive revenues and a gain on the sale of its finance division
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DaimlerChrysler AG  on Thursday said its U.S. sales rose 3 percent to 173,377 vehicles in January, from the same period a year earlier.
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The Tokyo-based company posted a net profit of 131.6 billion yen ($1.22 billion) for 2007 as brisk tire sales and a weaker yen offset a rise in raw material costs.
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DaimlerChrysler AG, the world's largest truckmaker, and competitors are increasing sales as European transport companies including Ryder System Inc and Vos Logistics Nederland BV replace vehicles and add to ...
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United Parcel Service Inc. reported a 7.5 percent increase in fourth-quarter earnings, but said that profit growth would slow this year.
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DaimlerChrysler (DCXGn.DE) cut its  2006 operating profit forecast by around 1 billion euros ($1.27  billion) on Friday and predicted U.S. arm Chrysler could lose  1.2 billion euros in the third quarter, much worse than first  thought.
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DaimlerChrysler AG Chief Executive Dieter  Zetsche said on Wednesday the German-U.S. auto maker was  sticking to its forecast for an operating profit of more than 6  billion euros for 2006 despite sales difficulties at its U.S.  Chrysler division.