Replies to post #207088 on Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

LOL- G&C Today? 2088 is a magnet, or a ceiling...

Still think Autos stink as consumer joe & jane already bought:

DaimlerChrysler wary on 2004 after U.S. losses- No forecast
February 19, 2004 08:38:00 AM ET
By Paul Hoskins

SINDELFINGEN, Germany, Feb 19 (Reuters) - DaimlerChrysler struck a cautious note for 2004 on Thursday, saying it only expected modest profit growth this year after its struggling U.S. unit Chrysler again missed its goals in 2003. The world's fifth-biggest carmaker earlier said its Chrysler division, also known for its Jeep and Dodge vehicles, made an operating loss of 506 million euros ($645 million) in 2003 after the group spent 469 million on continuing restructuring. Even without those costs, Chrysler lost 40 million euros and missed its goal of a small profit, despite slashing costs amid fierce competition from Japanese firms which also helped knock four percent off vehicle sales at rival Ford (F) last year. "The outlook is disappointing though," said one analyst. "Having said that Daimler have had their fingers burnt enough in the past and have become very cautious about their forecasts."