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JUERGEN SCHREMPP, CEO OF DAIMLER CHRYSLER AG AND MANFRED GENZ HEAD OF THE FINANCIAL BOARD...

IMAGE number
REU8227758
Image title
JUERGEN SCHREMPP, CEO OF DAIMLER CHRYSLER AG AND MANFRED GENZ HEAD OF THE FINANCIAL BOARD ADDRESSE ..., 2001-02-26 (photo)
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Medium
photograph
Date
2001 AD (C21st AD)
Shooting Date
2001-02-26
Image description

JUERGEN SCHREMPP, CEO OF DAIMLER CHRYSLER AG AND MANFRED GENZ HEAD OF THE FINANCIAL BOARD ADDRESSE THE ANNUAL NEWS CONFERENCE IN SINDELFINGEN. DaimlerChrysler AG Chairman Juergen Schrempp (R) and Manfred Genz head of the financial board arrive for 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 ($128.49 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.

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REUTERS / Bridgeman Images
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