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Co's News - Germany -
* VW commercial vehicles ops aim for 9 pct return on investment by 2010
Hannover,Germany -Forbes/AFX (USA) -19 Sept 2006: -- Volkswagen AG's commercial vehicles division head Bernd Wiedemann said the division is aiming to achieve a 9 pct return on investment by 2010... A spokesman said the company has not disclosed the ROI for last year. Commenting on earnings for the full year for the division, Wiedemann said he expects the 'positive trend' to continue, noting that in the first half of 2006 the commercial vehicles division achieved an operating profit of 85 mln eur, 75 mln more than in the same period in 2005... He said there has been a 'strong positive trend' in the order intake from all markets and for all model ranges, without providing specifics...
* DaimlerChrysler to boost 2006 trucks profitability
HANOVER, Germany -Reuters -Sept 19, 2006: -- DaimlerChrysler's trucks business will improve its profitability in 2006 and be able to withstand weaker market conditions next year, division head Andreas Renschler said on Tuesday... The market-leading trucks business has been seeking efficiency gains to allow it to keep making money when the cyclical market swings lower, and this will bear fruit in 2007, he said...
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