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Friday, October 10, 2008

Maybach not going anywhere and not losing money

From top guy Dieter Zetsche has said Maybach is here to stay and from saying that Maybach is not losing money.

The $1.35 million Landaulet should help things, and to be to be fair, Zetsche has said before that Maybach's profitability or otherwise is not the issue – the car is a suitable competitor to Rolls-Royce and Bentley. And Daimler has demonstrated patience: it waded through the rough times with the smart car division for ten years, and now has black ink and a hot brand to show for it.