Daimler

DaimlerChrysler (DCX) was formed in 1998 in a merger of dickens of the automotive industrys oldest and most prestigious manufacturers: Daimler-Benz AG and the Chrysler Corporation. This so-called merger of equals was the mop up of a long all overreach family history that in just about sense follows the history of the origin car itself. Because of this prestigious history, DaimlerChrysler enjoys a strong reputation on some(prenominal) sides of the Atlantic. Today, DaimlerChrysler employs a original of 384,723 wad in 17 countries. Their products be sell in over 200 countries. DaimlerChrysler is the fourth largest vehicle producer in the manhood in terms of units sell behind GM, Ford, and Toyota. In 2004, DaimlerChrysler change 4,000,700 rider vehicles and 712,200 commercial vehicles. The partnership is structured into three principal(prenominal) automotive groups: the Mercedes Car base, the Chrysler Group, and the exploit Vehicles Division. These groups are parents to a total of 12 different brands, including Mercedes-Benz, device, Chrysler, landrover, the lavishly life carMaybach, and the compact environmentally friendly smart car. In all, DaimlerChrysler produces some 126 vehicle models. DaimlerChrysler has been marginally successful in the unite 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 that Big 3 gild to earn a proceeds ($379 gazillion for the quarter). This came in spite of a 21% drop in third-quarter earnings by DaimlerChrysler intercontinental due to increasing taxes. However, during this kindred period, DaimlerChrysler increased operating bring in by 38%. Analysts submit over attributed this odd firmness of purpose to increasing take up hold of for Chrysler and Mercedes products. This increased take up is evidenced in the U.S. merchandise where the Chrysler Group produces four of the 20 top selling passenger vehicle models: the manipulate Ram, the Dodge Caravan, the Jeep Grand Cherokee, and the Jeep Liberty. As a consequent of...If you want to get a full essay, order it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.