FRANKFURT, July 24 (Reuters) - The head of German automaker DaimlerChrysler said on Thursday signs of a pick-up in the world economy combined with new product launches could make 2004 a better year for business than 2003.
"The signals from the various markets in terms of economic development show for the first time some signs of improvement. That applies to Europe and the U.S., and could even apply to Germany," DaimlerChrysler Chief Executive Juergen Schrempp told a conference call.
"If indeed we see economic improvements in various parts of the world... plus our various launches of new products, we could say 2004 should be a better year than 2003."
He did not specify whether he was referring to profits or sales.