DaimlerChrysler aims to boost its operating profit to EUR9.4bn ($US11.39bn) in 2008 from EUR5.2bn last year on rising car sales, German magazine Capital reported, according to Reuters.


The magazine, citing the company’s internal plans, reportedly said net profit was expected to reach EUR5.5bn in 2008, up from EUR2.85bn in 2005.


Unit sales were expected at 5.43m in 2008, about 600,000 units more than in 2005. The magazine said the company planned to reduce its workforce by 22,000 by 2008, of which about 15,000 job cuts would be at its premium division Mercedes-Benz.


DaimlerChrysler declined to comment to Reuters.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.