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Auto News Articles - Mercedes pre-tax earnings rise in second quarter
News Article
Mercedes pre-tax earnings rise in second quarter
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Source: Automotive News
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Date:7/26/2007
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Source Link: Click Here |
DaimlerChrysler's premium auto division Mercedes Car Group boosted second-quarter earnings before interest and tax 74 percent to $1.66 billion. The Mercedes EBIT margin of nearly 9.6 percent in the quarter easily surpassed its minimum 7 percent target for 2007.
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