Monday, May 31, 2010

Mercedes-Benz Profit Forecast Raised for the Second Time

Mercedes-Benz Profit Forecast Raised
With the increase in car demand this quarter, the operating profit of Mercedes-Benz unit is also expected to rise.
In a statement, CEO Dieter Zetsche said that Mercedes-Benz Cars’ earnings before interest and taxes in the second quarter will go over the 806 million euros ($996 million) posted for the first quarter. Furthermore, full-year Ebit is seen to be at

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