• <nav id="c8c2c"></nav>
      • <tfoot id="c8c2c"><noscript id="c8c2c"></noscript></tfoot>
      • <tfoot id="c8c2c"><noscript id="c8c2c"></noscript></tfoot>
      • <nav id="c8c2c"><sup id="c8c2c"></sup></nav>
        <tr id="c8c2c"></tr>
      • a级毛片av无码,久久精品人人爽人人爽,国产r级在线播放,国产在线高清一区二区

          .contact us |.about us
        News > Business News ...
        Search:
            Advertisement
        DaimlerChrysler eyes China?
        ( 2003-09-07 09:29) (Reuters)

        The head of German car giant DaimlerChrysler AG was quoted on Saturday as saying he was close to securing a deal to build Mercedes cars in China, but a target for Chrysler to break even would be tough.

        Chief Executive Juergen Schrempp told news magazine Der Spiegel he would sign an agreement with Beijing Automotive Industry Holding Company in China in coming days to produce luxury Mercedes cars as well as trucks.

        But, in a transcript of an interview to be published on Monday, he also said Daimler's troublesome U.S. Chrysler unit still faced some tough challenges.

        "We are still aiming to be lightly positive at Chrysler this year," he said. "But due to significant risks concerning a possibly more difficult competitive environment in the United States, this will be a tough bit of work."

        Few analysts expect Chrysler to break even this year as it struggles in a fierce price war between the U.S. carmakers.

        Schrempp also reiterated that the company planned to make an operating profit of about five billion euros ($5.4 billion) this year.

        The company cut its profit guidance for the year in June from a previous target of beating the 5.8 billion euros profit it made in 2002.

        On the China deal, Shrempp confirmed that DaimlerChrysler planned to build around 25,000 of its C and E class Mercedes cars per year in the medium term. Foreign auto makers need to have local joint venture partners in order to build cars in China.

        A spokesman for the company said Schrempp was on his way to China.

        Foreign carmakers are pouring into China, the world's fastest growing car market as demand stagnates elsewhere, although some observers warn this may result in overcapacity.

        In an interview with the local paper for DaimlerChrysler's Stuttgart headquarters, Mercedes chief Juergen Hubbert earlier said he expected no growth in unit sales next year.

        He also said for the year to August, sales of Mercedes, Smart and Maybach cars had shrunk two percent, but gave no exact figures.

        "We are planning for unit sales next year at around the level of this year," Huebbert told the Stuttgarter Zeitung. "This is linked to the generation change that is due for our smallest car, the A class, and our off-roader, the M-class."

         
        Close  
           
          Today's Top News   Top Business News
           
        +The next great leap after Shenzhou V
        ( 2003-10-21)
        +Hu calls for balanced development
        ( 2003-10-21)
        +Report: SARS not airborne virus
        ( 2003-10-21)
        +Japan urged to resolve weapons issue
        ( 2003-10-21)
        +Int'l AIDS group opens Beijing office
        ( 2003-10-21)
        +Home-appliance giants want wheels
        ( 2003-10-21)
        +Exchange-rate reform under study
        ( 2003-10-21)
        +Health insurance sector called for
        ( 2003-10-21)
        +SanDisk teams up to open outlets
        ( 2003-10-21)
        +Housing prices start to sag in Shanghai
        ( 2003-10-21)
           
          Go to Another Section  
             
         
         
             
          Article Tools  
             
         
         
             
          Related Articles  
             
         

        +BMW sells more cars in China this year
        2003-09-03

        +Nanjing Auto gears up to expand
        2003-09-03

        +In Jilin, it'll soon be corn in the car
        2003-09-02

        +Auto giant eyes stake in JV in Fujian
        2003-09-02

        +New auto loan regulation to be out
        2003-09-01

        +New auto loan regs to be out
        2003-09-01

        +Domestic automakers report profits
        2003-08-29

        +Auto-services sector set to take off
        2003-08-27

        +Good performances explained
        2003-08-22

        +China fuels enthusiasm for auto racing events
        2003-08-21

        +Toyota to launch more models in China
        2003-08-21

        +Fiat JV slashes prices of Siena, Palio
        2003-08-20

         
             
           
                .contact us |.about us
          Copyright By chinadaily.com.cn. All rights reserved