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Re: marketmaven post# 207093

Thursday, 02/19/2004 10:23:48 AM

Thursday, February 19, 2004 10:23:48 AM

Post# of 704044
The cleverness of that management again was confirmed by CEO Schrempp having his contract prolonged for yet another three years before they came out with the facts. -lol-

Chrysler lost 38 million Euros (on operating basis) and they forecast a profit for 2004. They also said they are going to help Mitsubishi with their business plan. That crap management bought a company that didn't even have a plan. By the way, Schrempp was elected the worst manager of the year over here in Germany.

If they hadn't such outstanding engineering talent they'd be in deep trouble.

Culmus

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