More Evidence of the Failed DaimlerChrysler Merger: Chrysler pulling MB down...
Chrysler cars generated revenues of $61.52 billion, a decrease of 7% from 2000 and Chrysler accounts for 41.5% of company revenue.
On the opposite page, Mercedes Benz generated revenues of $46.23 billion, up 9%, however MB is only 31% of the total revenue.
This merger really is not helping Mercedes.
In the last year or so, the US$ slipped 20% against the Euro, making European exports much more expensive.
That's why Lexus and particularly Nissan/Infinity automobiles is such a quality bargain at a low price, because the yen is less impacted be a weakening US$.
PS:
...and CNBC just announced, that Martha Stewart will be ...



