here is an except...
The strength of the company, Mr. Schrempp said, is its ability "to compensate at the group level for differing cycles in the divisions."
But some analysts offered a more critical interpretation, saying that the arduous turnaround of Chrysler might have distracted DaimlerChrysler's senior managers so much that they neglected Mercedes.
"If you send around your top managers to the U.S. or Japan, you are in danger of losing your grip on your core asset," said Arndt Ellinghorst, an analyst at Dresdner Kleinwort Wasserstein in Frankfurt. "Mercedes has had to pay for the strategic fantasies of the top management."
But analysts warned that the rehabilitation of Mercedes is likely to be lengthy and grueling.
read this
http://nytimes.com/2005/02/11/business/worldbusiness/11auto.html?pagewanted=all
The strength of the company, Mr. Schrempp said, is its ability "to compensate at the group level for differing cycles in the divisions."
But some analysts offered a more critical interpretation, saying that the arduous turnaround of Chrysler might have distracted DaimlerChrysler's senior managers so much that they neglected Mercedes.
"If you send around your top managers to the U.S. or Japan, you are in danger of losing your grip on your core asset," said Arndt Ellinghorst, an analyst at Dresdner Kleinwort Wasserstein in Frankfurt. "Mercedes has had to pay for the strategic fantasies of the top management."
But analysts warned that the rehabilitation of Mercedes is likely to be lengthy and grueling.
read this
http://nytimes.com/2005/02/11/business/worldbusiness/11auto.html?pagewanted=all