Tuesday April 28, 09:35 AM
Daimler posts first quarter loss of 1.28 bln euros
FRANKFURT (AFP) - The German luxury car maker Daimler (Xetra: 710000 - news) posted Tuesday a first-quarter net loss of 1.28 billion euros (1.66 billion dollars).
Daimler, which made a profit of 1.3 billion euros in the same period a year earlier, said sales had shed 25 percent in the first three months of 2009 to 18.7 billion euros.
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