DaimlerChrysler released numbers for the first quarter and they garnered a net profit of 299 million euros on 17% higher sales. But taking a look underneath those numbers at the individual divisions shows something different — like the fact a company has lower profits in one division (Chrysler), and a loss in the other (Mercedes), and still boosts profit by four percent. We call that Dieter — and watch as the magic of "Phase 2" continues.

DaimlerChrysler 1Q profit up 4 percent [MLive]

Related:
Dieter Knows Phase Two [internal]

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