DaimlerChrysler earnings drop

DaimlerChrysler posted 30% lower first-quarter earnings citing Mercedes Benz and Smart weighing heavily on the numbers. The Smart restructuring plan put a $1.04 billion chunk in the total and MB revenues were down 11%. The Chrysler Group was not immune to the woes, showing a 7% drop in revenues. All the good news happened at DC's commercial vehicle arm, with revenue increasing 29%.