DaimlerChrylser's system plan isn't likely to lift profitability

Article Abstract:

DaimlerChrysler AG's product-development system plan is not expected to increase the car maker's profitability. The system is intended to save over $1 billion (1.1 billion euros) annually.

Germany, DaimlerChrysler AG, DCX

---

Daewoo Motor Is Unable to Pay Commercial Paper

Article Abstract:

South Korea's Daewoo Motor Co., which has sold a majority stake to General Motors Corp., has defaulted on commercial paper. Daewoo may be forced into bankruptcy, which throws into doubt its sale to GM.

South Korea, Asset sales & divestitures, Acquisitions & mergers, Mergers, acquisitions and divestments, General Motors Corp., GM, GM Daewoo Auto and Technology Company Ltd.

---

Ford's earnings tumble 49% as sales slow, expenses rise

Article Abstract:

Ford Motor Co. posted a decline of 49% in its net earnings for the 2001 first-quarter. The car maker posted $1.06 billion (1.2 billion euros) in net earnings for the period.

Sales, profits & dividends, Ford Motor Co., F

Similar abstracts:

• Abstracts: DaimlerChrysler's Robert Eaton is set for retirement windfall. DaimlerChrysler's Eaton announces his retirement
• Abstracts: DaimlerChrysler's Eaton makes efforts to reassure investment community. GM quality chief leaves to join DaimlerChrysler
• Abstracts: KLM launches restructuring plan to boost flagging profitability. Holding pattern: KLM, Alitalia face uncertainty as deal fails
• Abstracts: DaimlerChrysler nears deal to raise its stake in Mitsubishi. DaimlerChrysler, Mitsubishi finalize lucrative alliance
• Abstracts: Bertelsmann agrees to sell net service, again to Telefonica. Telefonica, KPN launch a drive to revive merger

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