Management Report     

One of the key events of the 2007 financial year was the far-reaching realignment of the Group. With the transfer of a majority interest in Chrysler Holding LLC and the change of name from DaimlerChrysler to Daimler, a new chapter was opened in the Group’s history. The new Daimler AG starts life as a strong and financially sound company: with Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, we are focused on successful businesses with clearly defined strategies and good prospects for the future. Our overall business development was already very positive in 2007: our operating result (EBIT) of €8.7 billion surpassed the target we had set for the year of at least €8.5 billion.