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Jun 9, 2005

OPERATIONS - USA - DaimlerChrysler commits $40bn to US operations

Michigan,USA -Auto Industry/UK - 7 Jun 2005: -- DaimlerChrysler AG will spend $40 billion over the next five years to introduce new models and reinvest in its North American plants, CEO Juergen Schrempp announced on 6 June in the US... DaimlerChrysler maintains 37 factories in 13 states, pays 100,000 employees about $8 billion in annual wages and spends $36 billion on US-produced components...

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