DaimlerChrysler AG will pay larger bonuses (up an average $181 to $1,481) to about 140,000 German workers, due to the success of the Mercedes-Benz, Smart and commercial vehicle divisions. At the other end of the spectrum, the money-losing Chrysler Group has delayed its profit-sharing checks and is preparing to reduce the workforce by 20%. It all falls in the context of the 2000 financial year that ended with an 11% drop in net profit ($9.1 billion). Excluding one-time gains, that falls ...

Premium Content (PAID Subscription Required)

"Profitable Divisions Get DCC Rewards" 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
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.