Zetsche of Daimler Says He Is 'Confident' About Margin Goal
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Zetsche of Daimler Says He Is 'Confident' About Margin Goal
Dieter Zetsche, chief executive officer of DaimlerChrysler AG, talks with Bloomberg's Sabrina Bauer in Stuttgart, Germany, about the outlook for the automaker's Mercedes luxury-car business, cooperation with Chrysler after the unit's sale to Cerberus Capital Management LP and prospects for the U.S. truck market. On a Teleconference today, Zetsche said the profit margin at Mercedes would rise to 10 percent in 2010. (Source: Bloomberg)
Bloomberg | July 25, 2007
