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Source: All Headline News by Megan Shannon Last year the company was bumped from its spot as number three automaker in the US. It now remains at number four behind Toyota. The company will detail its plans for the future on Valentines Day. Chrysler fell victim to slumping truck and sports utility vehicle sales as well as high labor costs. Now experts say they will have to lose 20 percent of their employees to make up for its loses. Some experts say DaimlerChrysler should sell Chrysler all together. John Casesa, managing partner of consulting firm Casesa Strategic Advisors said, “DaimlerChrysler faces a decision. It either needs to much more aggressively integrate Chrysler and Mercedes or separate the business. The management has a fundamental decision at hand. I think it’s still an open question.” Leave your own comment |
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