Coming off record earnings last year, we knew 1996 would be a tough act to follow, ... But despite a costly 29-day strike and the most ambitious multi-vehicle launch in Chrysler's history, our 1997 results were very good thanks to the dedication and hard work by our people.
Developing new models is the lifeblood of this industry, ... That's really required to be as successful as we intend to be.
There's simply nothing to that, ... The dynamics in the board of management are absolutely fantastic. This isn't a German or an American thing.
Now we are looking to make the technology affordable to every consumer.
We are becoming part of something even bigger and better, something that will make our future even brighter,
This merger of equals will catapult DaimlerChrysler into the industry's top three in market capitalization with an equally strong credit position, ... By realizing the synergies, and with our combined strengths we believe that we are ideally situated for growth in the marketplace as we go forward.
As we speak, negotiations are ongoing, ... and we are quite hopeful that we will be able to complete a contract without any additional work stoppage.
The outlook for the U.S. automotive industry remains favorable -- consumer confidence continues to be high while unemployment and inflation remain low,