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Daimler - Single and Loving It

Spiegel - After the May sale of its long-ailing Chrysler unit, Germany’s DaimlerChrysler is back on the road to the kind of lofty earnings befitting a luxury automaker-and could soon overtake rival BMW. During a first-half conference call with analysts on Aug. 29, Chief Executive Dieter Zetsche said the group’s operating margin for 2007 would be significantly better than his 7% target. He predicted it would hit 10% by 2010 at the latest-likely outpacing profit margins at BMW, which hover between 7% and 8%.

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