DaimlerChrysler to stand alone in Asia

Article Abstract:

DaimlerChrsyler AG's co-chairman Jurgen Schrempp expressed confidence that the company can compete in the Asian automotive marketplace by itself. The company withdrew its proposal to acquire Nissan Motor Co. of Japan. Mr. Schrempp said that Mercedes-Benz's distribution network in Asia and Chrysler's products would help DaimlerChrysler to reach its goal of deriving 25% of its revenues from Asia.

Comment:

Co-chairman Jurgen Schrempp confident that co can compete in the Asian automotive marketplace by itself

Marketing procedures, Asia, Planning, DCX, Daimler AG

---

Ford, Rover to reduce output of some models

Article Abstract:

Automobile manufacturers Ford Motor Co. and Rover Group PLC, a subsidiary of Bayerische Motoren Werke AG, have announced reductions in European production facilities. While Rover attributes the decision to seasonal demand fluctuations, Ford has stated that sales in Europe have been declining. Analysts have predicted that 1999 auto sales would be minor.

United Kingdom, United States, Production data, Management, Ford Motor Co., BMW AG, F, Rover Group PLC

---

Similar abstracts:

• Abstracts: Daimler, Chrysler urge share tenders, push for S&P 500 listing after merger
• Abstracts: Chrysler, Daimler leaders already have a plan, as shareholders vote on merger. Smale's retirement at GM may spur more changes
• Abstracts: MindShare hits Japan. Digesting the news. BBDO takes stake in Japanese shop
• Abstracts: Amper negocia un acuerdo estrategico con Telefonica que incluye compra de activos
• Abstracts: Enso osti viidenneksen paperiyhti st Thaimaassa Helsingin Puhelin osakkaaksi saksalaisyhti n Helsingin Puhelin osti is nnyyden Keski-Suomen Puhelimesta

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.