FRANKFURT -- DaimlerChrysler could more than double operating profit to 11.2 billion euros ($13.7 billion) by 2008, a German magazine reported, citing internal planning documents it said it had obtained.
A spokesman for the world's fifth-biggest carmaker declined to comment on the Focus-Money report, which was released ahead of publication on Wednesday.
The report said the Mercedes Car Group division planned an operating profit of 4.7 billion euros by then, of which its Smart minicar business would contribute 300 million euros.
U.S. arm Chrysler was shooting for operating profit of 2.3 billion euros while its market-leading commercial vehicles business aimed for 2.0 billion euros. Its services and other activities operations had penciled in 2.2 billion euros, the magazine said.
The German-American group generated a 2004 operating profit of 5.75 billion euros. It has forecast a slight increase in 2005 operating profit excluding up to 1.2 billion euros in restructuring costs for Smart.