DC Benefit Can’t Prevent Mercedes Group Loss

DaimlerChrysler concern pure benefit rate in 2006 first quarter amounted to 299 million euros against 288 million euros in 2005. The sales volume of the concern in the same period grew 6% up to 1 150 000 cars. As a result of successful sales rate the DaimlerChrysler gross gain increased 17% to 37.2 billion euros.

At the same time Mercedes Car Group still rests in financial loss as its operational damage in the first quarter f 2006 amounted 678 million euros given even the 19% gain growth the DaimlerChrysler subdivision suffered 982 million euros costs for Smart Forfour manufacturing cease and 203 million euros in the frames of staff reduction program.

Mercedes Car Group sold in 2006 281 500cars with 14% increase compared to 2005 rate in the first quarter. Mercedes-Benz marque cars sales amounted 255 200 automobiles making 19% rise.