DaimlerChrysler's Mercedes Profits Nearly Double

The Mercedes Car Group of DaimlerChrysler AG saw its pretax profit nearly double in the second quarter, the German-American automaker said today. The company said the Mercedes unit earned $1.65 billion in pretax profit in the second quarter. Second-quarter sales rose slightly to $17.26 billion.

The company did not report results from the Chrysler Group and Chrysler Financial because of their impending sale. DaimlerChrysler provided no update on the deal.


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enthusiastx11 - 7/25/2007 12:21:16 PM

+1 Boost

because they're unloading chrysler...an acquisition that was doomed from the start.

in terms of sales...great new products.

Threepoint1415926 - 7/25/2007 6:07:25 PM

+3 Boost

How come only the friends of Lexus lovers cant get their German cars down the roadway? Stories about "friends" are always bs in magical internet land...

enthusiastx11 - 7/25/2007 9:01:35 PM

+1 Boost

GS300:
the vast majority of my friends and family drive german (S, E, SL, GL, 3/5/7 series, 911, boxster, A4/A6/S8 to name a few). and i can't recall any horror stories similar to the ones you lexus guys are always telling about mercedes/bmw/audi.

Neverfollow - 7/25/2007 11:37:36 AM

+3 Boost

Go Dieter!

Will_ - 7/25/2007 11:54:05 AM

-1 Boost

Booo Chrysler!

Carboy - 7/25/2007 12:25:23 PM

0 Boost

2,4,6,8 Who do we appreciate? Mercedes!!! Whoooooo!!!!! LOL But seriously, that's great!

DiamondJim - 7/25/2007 9:49:08 PM

0 Boost

mercedes raided the pensions of chrysler which was in the billions, then once that was done they needed an excuse to get out. if you'd've watched the move "Wall St." you'd understand. that's life...