(Adds details, background) FRANKFURT, Sept 28 (Reuters) - DaimlerChrysler on Wednesday offered staff at its premium Mercedes Car Group division voluntary redundancy packages that aim to cut 8,500 jobs in Germany over 12 months. The world's fifth-biggest carmaker said the move would cost 950 million euros ($1.1 billion), which would be offset by extraordinary income and efficiency gains. It reiterated its forecast for a slight rise in 2005 operating profit excluding charges to ...
Premium Content (PAID Subscription Required)
"UPDATE 1-DaimlerChrysler to cut 8,500 Mercedes jobs" 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: email@example.com or phone: (248) 799-2642