DC profits down after merger DETROIT — DaimlerChrysler AG says its profit was up 29% before merger costs, or down 26% after costs and a special payout in 1997. The company reported a E5.2 billion (US$6.1 billion) profit before onetime costs. Merger costs totaled US$804 million. The automaker's net income including costs touched US$5.6 billion. Additionally, the company says 81,000 U.S. workers will receive an average US$7,400 profit-sharing payment, which is up 61% on 1997. Another 19,000 ...

Premium Content (PAID Subscription Required)

"Printer-friendly" 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- andheavy-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.