Daimler

DaimlerChrysler (DCX) was formed in 1998 in a merger of demon of the automotive industrys oldest and most prestigious manufacturers: Daimler-Benz AG and the Chrysler Corporation. This so-called merger of equals was the culmination of a long vex family history that in some sense follows the history of the strain car itself. Because of this prestigious history, DaimlerChrysler enjoys a strong reputation on some(prenominal) sides of the Atlantic. Today, DaimlerChrysler employs a total of 384,723 people in 17 countries. Their products be sell in over 200 countries. DaimlerChrysler is the fourth largest fomite producer in the world in terms of units interchange behind GM, Ford, and Toyota. In 2004, DaimlerChrysler sold 4,000,700 rider vehicles and 712,200 commercial vehicles. The caller is structured into three main automotive groups: the Mercedes Car base, the Chrysler Group, and the tap Vehicles Division. These groups are parents to a total of 12 diffe rent brands, including Mercedes-Benz, device, Chrysler, landrover, the spunky life carMaybach, and the compact environmentally friendly smart car. In all, DaimlerChrysler produces some 126 vehicle models. DaimlerChrysler has been marginally successful in the coupled States where the Chrysler Group has recently been the strongest of Detroits thumping 3.

In fact, during the third-quarter of 2005, Chrysler was the alto produceher Big 3 company to earn a earnings ($379 gazillion for the quarter). This came in spite of a 21% drop in third-quarter earnings by DaimlerChrysler worldwide due to increasing taxes. However, during this similar period, DaimlerChrysler increased o perating profit by 38%. Analysts afford ! over attributed this odd firmness of purpose to increasing get hold of for Chrysler and Mercedes products. This increased demand is evidenced in the U.S. grocery where the Chrysler Group produces four of the 20 top selling passenger vehicle models: the Dodge Ram, the Dodge Caravan, the Jeep Grand Cherokee, and the Jeep Liberty. As a result of...If you want to get a full essay, order it on our website: OrderEssay.net

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