The German automotive group Daimler has plunged deeply into the red in first quarter, lead by falling sales of cars and trucks, and n'espère very gradually revealed that the head of the water this year.
The manufacturer of the Mercedes showed a net loss of 1.28 billion euros over the first three months of the year, significantly more than expected. In the first quarter of 2008, he had earned a profit of 1.33 billion.
"The continued deterioration of the global economy has weighed heavily on the automobile in the first quarter, and sales of the group, falling by 34%, he said in a quarterly report.
The company in Stuttgart (south-west) certainly expects a "gradual improvement in operating profit during the year." But the second quarter will again be negative even if the magnitude of the loss will be lower.
The collapse in sales of trucks, where it is the world, will exert its full impact on the quarter, which will also be affected by a charge of up to $ 700 million related to abandonment, announced Monday evening its 19.9% share in Chrysler. "Financially, the chapter closed and Chrysler and over," said Chief Financial Officer Bodo Uebber during a conference call.
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