GERMANY: DaimlerChrysler division-by-division Q1 2002 results (includes data)
DaimlerChrysler#;s Mercedes-Benz passenger cars and Smart city cars division sold 292,500 vehicles in the first quarter of 2002, again exceeding the previous year's high level, the company said in a statement accompanying first quarter groups financial results. Revenues also increased, by seven percent to $10.4 billion and operating profit of $569 million was close to the previous year's level ($584 million), despite substantial expenditure for the model changeover of the E-Class and the CLK coupe and the resulting lower contributions to earnings from these models.
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