Mercedes cars help DaimlerChrysler surpass 1999 profit expectations

Article Abstract:

DaimlerChrysler AG posted a higher-than-expected 16% rise in its 1999 net income. The car maker, helped by its Mercedes unit, posted 6.23 billion euros in net income for the year.

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DaimlerChrysler looks to cut costs at two headquarters

Article Abstract:

DaimlerChrysler AG is considering possible ways in which to downsize costs at its two headquarters. The car maker wants to reduce costs at its Stuttgart, Germany and Auburn Hills, Michigan headquarters.

Financial management, Michigan

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DaimlerChrysler's income falls 92% as U.S. division posts loss

Article Abstract:

Daimler Chrysler AG posted a decline of 92% in its income for the third-quarter of 2000. The company, hurt by the performance of its US division, posted a $512 million (618.4 million euros) loss for the period.

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