Tuesday, December 25, 2007

Daimler reiterates plans to grow: paper

German carmaker Daimler (DAIGn.DE: Quote, Profile, Research) aims for higher growth and to be one of the world's most profitable car manufacturers, its chief executive told workers in a letter, Frankfurter Allgemeine Sonntagszeitung reported.

Chief Executive Dieter Zetsche is "confident" of achieving higher growth and profitability, he said in the letter, the German weekly paper reported in the e-mailed version of an article to be published on Sunday.

Zetsche has said before that he aims for all of Daimler's operations to grow in 2008 and t resume the company's share buyback program if profitability is in line with expectations.


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