Daimler Cuts Forecast as Mercedes Trails Audi, BMW

Daimler AG, the world’s third-biggest maker of luxury vehicles, lowered its 2012 forecast and scrapped profit targets for next year amid declining demand in Europe and increased competition in China.

Full Show: Bloomberg Businessweek (03/24)
27:45 - Bloomberg Television takes you behind the scenes of our award-winning magazine "Bloomberg Businessweek." Hosts Carol Massar and Oliver Renick talk with the writers who break news on a weekly basis. (Source: Bloomberg)
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