GERMANY: Mitsubishi loss not endangering DaimlerChrysler profit target – report
DaimlerChrysler on Tuesday said that a big first-half loss at its 37%-owned Japanese partner Mitsubishi Motors did not endanger its own full-year operating profit target, Reuters reported.
DaimlerChrysler on Tuesday said that a big first-half loss at its 37%-owned Japanese partner Mitsubishi Motors did not endanger its own full-year operating profit target, Reuters reported.
“The loss at Mitsubishi does not jeopardise the €5 billion operating profit target for this year,” a DaimlerChrysler spokesman told the news agency, adding: “We have booked some of the first-half loss in the third quarter, and we will book some more in the fourth quarter, but this will not affect the full year goal.”
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