This edition of JeepNewsNow.com sponsored by:
 
LibertyLiberty On Video, DaimlerChrysler Predicts Profits for 2002
Posted by mike on 2001/2/28 0:00:00 (1974) reads



Tired of seeing only still photos of the 2002 Jeep Liberty? Edmunds.com has the solution with their new video gallery starring the new Jeep. The slick video and voice over hits the highlights and some specifications and is a good view for anyone who is interested in the next offering from the Jeep division.

Speaking of still photos, just for kicks we thought we throw in this photo from DaimlerChrysler showing a Liberty body in the paint shop of the new assembly factory in Toledo, Ohio.

With all the dire predicitons of the demise of the Chrysler unit of our favorite multinational corporation, we thought that this artice from Yahoo! News would pick up the mood. The article paints a rosy forecast for DaimlerChrysler for the year 2002. Here's a snippet:

DaimerChrysler AG's ailing Chrysler division expects to be back in the black next year under a $3.9 billion revival plan outlined Monday, looking to quell Wall Street concerns that the 1998 deal that formed the company has been a promise unfulfilled.

``I understand it's the profession of any analyst to be a skeptic,'' said Dieter Zetsche, installed in November as Chrysler's president, chief executive and the turnaround plan's pointman. But ``we are confident that we will deliver what we promise today.''

Details of the plan were released as Chrysler reported a stunning $1.3 billion fourth-quarter loss, double that of the $512 million it lost in the third quarter of 2000 and the complete opposite of the $1.26 billion in operating profit it made in the fourth quarter of 1999. The poor results helped German-American automaker to its first quarterly deficit - it lost 287 million euros ($269 million) - since its 1998 creation through Daimler-Benz AG's acquisition of Chrysler Corp.

Zetsche said Chrysler's comeback assumes, among other things, that U.S. auto sales would reach at least 16 million each of the next three years. In 2000, U.S. sales reached 17.4 million vehicles.

...snip...

Chrysler is also banking on heady sales of its new Jeep Liberty sport utility vehicle and retooled Dodge Ram pickup trucks, both to be rolled out this year. By 2003, Chrysler also hopes to reap benefits of its planned launches of the new Dodge Durango, and a medium-duty pickup truck.

``What they need are three or four more automatic hits like the PT Cruiser,'' Healy said. ``And those can't be generated automatically.''

Chrysler's restructuring was unveiled as a part of a number of moves by DaimlerChrysler to overhaul its operations.

Reader Reactions

The comments are owned by the poster.
We aren't responsible for their content.
You must login or register to post a comment.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: JeepWorker
Griff, You are probably the most knowledgeable person on the Jeep I have had the pleasure of reading, that doesn’t mean I agree with you. But there definitely is some respect there. I had the chance yesterday to go to “End of the Line” and see about 20 Liberties roll off. I must say it was something quite impressive to see. If your’e in Toledo and I have my Liberty I’ll take you for a ride. If on the other hand you are going to order an XJ I’ll see if they can give it the show car treatment. Watch out for that ulcer.

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: rich
I meant TJ!

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: rich
Hey Jeepworker!
I'll take a show car treatment YJ while
you're at it!
Rich

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Griff
But guys come on forget about how much Damiler has screwed over Chyrsler, Just look at that cool picture of a KJ in paint booth. Yeah right its getting to the point where most of this is old news. Chrysler is losing money, so is Ford, and so is GM. By the way what is DC doing to help make its, can do no wrong, Mercedes division sell more units and be more profitable. They had a bad year, and all I've seen is them putting out a new commercial. But I'm sure that's Chrysler's fault. I guess they are spending too much money on figuring out how they are going to start to sell the Unimog and G-Wagen in the US, and how they are going to redesign the lack luster ML class SUV's but thats great because those are Mercedes. No need to take a look around and notice how over saturated the lux SUV market is. Why can Mercedes introduce 2 totally new top dollar SUV's from Europe in america and heavily redesign one within the next 3-8 years, and Jeep can't even keep one of its time honored classics, the XJ. Honestly... I better calm down, I might get all crazy eyed and do something stupid like think about buying that cool KJ in the picture.

LONG LIVE THE SOLID AXLE!!!!

Poster Thread
Anonymous
Posted: 1969/12/31 19:00  Updated: 1969/12/31 19:00
 Originally posted by: Don Dg
here is my comment

Mercedes robbed the cash coffiers taking large amounts of money out of chrysler corp. It was no surprise they would have a loss this last year. They were robbing the good old american company so to speak.
Main Menu
JeepNewsNow Everywhere
Login
Username:

Password:


Lost Password?

Register now!
Jeep Classifieds
Syndication - RSS
Add Jeep News Headlines to your site for free!

Display the latest Jeep news headlines on your Web site using our RSS 2.0 news feed!

RSS 2.0

Or, if you prefer, an even easier way of putting the headlines on your Web site is to utilize our free, JavaScript-based headlines. Check them out!
Who's Online
9 user(s) are online (3 user(s) are browsing News)

Members: 0
Guests: 9

more...
Advertisements
mike's totally free jeep news now is designed and maintained by AnelloConsulting.com
Copyright © 1998-2010 mike's totally free jeep news now
Privacy Policy | Disclaimer | Advertising Info