Daimler CFO says 70 percent of 2013 cost cuts at Mercedes achieved

Reuters

FRANKFURT (Reuters) - Daimler (GER:DAI) has already achieved 70 percent of its planned 2013 cost cuts at its Mercedes-Benz luxury cars division through the end of the third-quarter, finance chief Bodo Uebber said on Thursday.

Uebber told a conference call with reporters that Daimler Trucks, the group's commercial vehicles business, achieved only 60 percent by comparison.

(Reporting by Christiaan Hetzner; Editing by Victoria Bryan)

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