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DaimlerChrysler AG Chairman Juergen Schrempp (2L) stands together with Juergen Zetsche (L), CEO of D..,...

IMAGE number
REU7470467
Image title
DaimlerChrysler AG Chairman Juergen Schrempp (2L) stands together with Juergen Zetsche (L), CEO of D.., 2001 (photo)
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Photographer
Kai Pfaffenbach
Medium
photograph
Date
2001 AD (C21st AD)
Shooting Date
2001-02-26
Image description

DaimlerChrysler AG Chairman Juergen Schrempp (2L) stands together with Juergen Zetsche (L), CEO of Daimler\'s Chrysler car manufacturer group, Juergen Hubbert (2R), CEO of Mercedes Benz, and the company\'s financial and controlling manager Manfred Gentz (R) prior to the annual news conference in Sindelfingen near Stuttgart, February 26, 2001. Daimler Chrysler announced that the auto maker\'s sales and profits will tumble this year, but rebound strongly by 2003. The company\'s embattled chairman is expected to forecast that group sales will fall to 140 billion euros (28.49 billion) this year from 162.4 billion euros in 2000. The global restructuring of DaimlerChrysler, the German-US automotive group, is expected to cost 35,000 jobs.

Photo credit
REUTERS/Kai Pfaffenbach / Bridgeman Images
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