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Mercedes-Benz expects to profit on hybrids

FRANKFURT, Germany -- Mercedes-Benz expects to turn a profit on vehicles using the sophisticated new hybrid system it developed with General Motors Corp. and BMW, DaimlerChrysler CEO Dieter Zetsche said Tuesday, according to the Detroit Free Press.
GM has conceded it will initially lose money on the system. Zetsche credited his more optimistic expectation to Mercedes' higher sales price. Despite that, Mercedes will use the system on only one of the many hybrid models it plans to introduce over the next several years, he said.

Posted by Peter C. T. Elsworth  at 9:59 AM to Mercedes-Benz | Permalink

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