The disappointing details won’t be released until Feb. 20, but DaimlerChrysler AG sets the table with a number of foreboding announcements. And many of them point a finger at the Chrysler Group. The tough North American market and slowing global economy are blamed for losses in 2001, continuing losses in 2002 and forecasts only of breakeven in 2003. As a result, the car maker says it will cut its dividend to E1 ($0.89) from E2.35 ($2.09), pending approval at the annual meeting in ...

Premium Content (PAID Subscription Required)

"DaimlerChrysler Provides Sneak Peak at Grim Financials" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.