FRANKFURT (Standard&Poor's) Feb. 14, 2008--Standard&Poor's Ratings Services said today it placed its 'BBB+' long-term corporate credit ratings on Germany-based Daimler AG and related entities on CreditWatch with positive implications. At the same time, the 'A-2' short-term ratings were affirmed. "This reflects the strong operating performance of the group and progress made after the separation of its Chrysler unit in August 2007," said Standard&Poor's credit analyst Maria Bissinger. It also reflects our expectation that Mercedes Car Group is well on track to reach its 2010 EBIT margin target of 10%, having reached an EBIT of €4.8 billion in 2007, representing an EBIT margin of 9.1%. Truck Group, despite being affected by the downturn in the
