Daimler has 4Q loss of euro1.53 billion

Daimler 4q Loss Euro1 53 Billion - Politics, Business, Civil, History - Posted: 17th Feb, 2009 - 3:54pm

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Business - European Economy
Post Date: 17th Feb, 2009 - 3:54pm / Post ID: #

Daimler has 4Q loss of euro1.53 billion

Daimler has 4Q loss of euro1.53 billion (AP)
European Business News

Dieter Zetsche, CEO of Daimler AG, right, and Bodo Uebber, member of the board for finances, left, are seen during the company's annual press conference in Stuttgart, Germany, Tuesday, Feb. 17, 2009. German automaker Daimler AG on Tuesday reported a 1.53 billion euro (about U.S. dlrs 1.93 billion) fourth-quarter loss and warned that sales of its marquee Mercedes-Benz cars would decline through 2009 because of the economic meltdown's pinch on the automotive industry.  (AP Photo/Thomas Kienzle)AP - German automaker Daimler AG on Tuesday reported a euro1.53 billion fourth-quarter loss - its first in two years - and warned that sales of its marquee Mercedes-Benz cars would decline through 2009 because of the economic meltdown's pinch on the automotive industry.



Source: Yahoo! News: Business - European Economy

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