- Breaking News San Mateo County ninth-graders struggle to stay fit
- Breaking News Food and wine events
- Breaking News Ask Amy: What To Do When the Doctor Isn t in the House
- Breaking News Ed Blonz: Keep your diet normal pre-surgery
After record year, Daimler forecasts moderate growth in 2008
0 Comments | AFP, February, 2008
STUTTGART, Germany (AFP) — Reporting record performance for 2007, German luxury car maker Daimler forecast on Thursday more moderate growth in 2008 owing to a weakening global economy and the effects of the US housing crisis.
Daimler posted a 2007 net profit of 4.0 billion euros (5.8 billion dollars), an increase of 5.3 percent from the figure in 2006.
The result included 2.2 billion euros in costs from the divestment of loss-making US auto group Chrysler, and gains from the transfer of shares in the European Aeronautic Defence and Space Company (EADS), a statement said.
Core earnings shot up to 8.710 billion euros from 4.992 billion, an increase of 74.5 percent, while sales were broadly flat at 99.4 billion euros.
The statement said that Daimler,...
- Getting to the root of beautiful hair: shiny, silky hair begins with a healthy scalp - includes list of resources and a recipe for an herbal scalp tonic
- Made from scratch: When Honda built a plant in Alabama it also built a workforce-using local workers who had no experience in making cars - Recruitment & Hiring
- Portfolio forecasting tools: what you need to know
- Work/life balance: challenges and solutions - 2003 Research Quarterly
- HR is mission critical at the FBI: thirty years of corporate HR experience helps the FBI's new HR chief revamp an organization that is changing to meet the challenges of the post-Sept. 11
- The Middle Management Challenge: Moving From Crisis to Empowerment. - book reviews
- Fighting financial reporting fraud
- Personality and organizational citizenship behavior