Mercedes Car Group To See Record Operating Profit By 2008?

Posted by eMercedesBenz.com on December 20, 2005 
Everywhere I look I've been seeing this story today, so I thought I'd  
take a second and reiterate an article we brought you back in  
November, just in case you missed it.

According to insider sources, DaimlerChrysler is expecting to boost  
operating profit of the Mercedes Car Group from approximately $1.98  
billion in 2004 to $5.1 billion in 2008, thanks to lowering payrolls  
as well as through cutting additional jobs.

This number has increased slightly (about $300,000 USD) since we  
first brought you the story, but overall, the same sentiment remains  
clear - the Mercedes Car Group is planning on increasing their  
operating profit in the near future.

We'll find out soon enough whether or not Daimler's new cost-cutting  
plan will work.

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