GM's Opel veers off course; once hailed as `Mr. Fixit,' Chairman grapples with performance targets
Article Abstract:
The article focuses on General Motor's Adam Opel AG business, which faces decreasing market share in Germany and in Western Europe. The unit's return to profitability in 2000 looks uncertain, and unions have been threatening a strike.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2000
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DaimlerChrysler's net plunges as Chrysler, Freightliner slip
Article Abstract:
DaimlerChrysler AG posted a 70% decline in its net income for the 2001 third-quarter. The car maker posted 902 million euros in net income for the period.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2001
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DaimlerChrysler crows in first report
Article Abstract:
DaimlerChrysler AG has reported that its first annual report, since the merger between Germany's Daimler Benz and US-based Chrysler Corp., shows a 29% rise in net profits in 1998 in comparison to the combined net profits of the two firms before the merger. Industry analysts, who have predicted strong growth for DaimlerChrysler, also have noted the auto manufacturer's stock decline was the result of the company's refusal to provide a timely earnings forecast.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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