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Troubled Marriage
The July 28, 2000 Macomb (County Michigan) Daily has a main front page article
entitled "Troubled Marriage: DaimlerChrysler fails to live up to its ballyhooed
potential". Macomb County is home of Chrysler since it moved out of Highland
Park, a
city completely surrounded by Detroit. An island city within the city limits of
Detroit.
The article has no author but " The Wall Street Journal". But putting
Daimler-Chrysler
into the Wall Street Journal's webpage does not turn up the article in that
paper over
the last two days.
The article begins, "Two years ago, Juergen Schrempp stood triumphantly on a
London
stage and pledged that the newly created Daimler-Chrysler would have the size,
the
profitability and the reach to take on everyone." The combination would be the
most
profitable automotive company in the world.
"It hasn't worked out that way.
"Daimler-Chrysler shares are trading at half the height they reached following
the
company's creation in November 1998. The company's market capitalization has
plummeted
to about $53 billion, less than the $ 57 billion Daimler-Benz AG alone was
worth just
before its acquisition of Chrysler Corp. was announced."
etc.
- Thread context:
- Political Prisoners - Phillipines/Turkey,
red-rebel Fri 28 Jul 2000, 18:21 GMT
- Troubled Marriage,
Charles Brown Fri 28 Jul 2000, 16:58 GMT
- Rififi,
Louis Proyect Fri 28 Jul 2000, 14:21 GMT
- l'Unita Bites the Dust,
Jay Moore Fri 28 Jul 2000, 12:05 GMT
- Re: Chávez Shaping Country to His Vision,
Macdonald Stainsby Fri 28 Jul 2000, 11:58 GMT
- Fw: Venezuela: Chávez Shaping Country to His Vision,
Macdonald Stainsby Fri 28 Jul 2000, 11:05 GMT
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