Daimler Posts 3Q Loss of $2.18 Billion
9:42 AM Thu, Oct 25, 2007 | Permalink
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FRANKFURT, Germany -- Automaker Daimler posted its first quarterly loss since 2003, with charges of $3.7 billion from the sale of Chrysler offsetting big gains by its Mercedes-Benz Car Group, according to the Associated Press. But the 1.53-billion euro, or $2.18 billion, quarterly loss was anticipated by analysts, who were cheered by an otherwise solid performance, noting that sales were up in key U.S. and European markets. 
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