Unit sales by the Mercedes
-Benz brand in the first quarter fell from last
year's 246,000 to 220,600 vehicles.
lagonda categorically
7 feet), cargo
(473 cubic feet) and payload capacity
(4,824 lbs. The decrease was primarily caused by expenses of
$1,038 million related to the realignment of the smart business model. Earnings per share
amounted
to $0. In the medium term, the
Chrysler Group plans to significantly expand its presence with the
launch of
the Dodge brand in Europe and Asia as well as in additional markets in the
Middle East
, Latin America and Africa.
After first-quarter operating profit was substantially impacted by
exceptional charges from smart, DaimlerChrysler expects additional exceptional
charges from smart
also in the course of this year up to $0.trasco sunworld
dc-automobility., DaimlerChrysler (NYSE: DCX) recorded an
operating
profit of $814 million in the first quarter of 2005, compared with
$2,005 million in
Q1 2004.
The division reported a first-quarter operating loss of $1,237 million,
compared
with an operating profit of $829 million in Q1 2004. Three new models were
revealed in the first
quarter: the new M-Class and the B-Class and R-Class
sports tourers. Financial
Services holds
a 45% interest in the Toll Collect consortium. EADS will publish its figures on the first quarter of
2005 on May
9, 2005.This category will list the companies that manufacture and support the manufacture
of automotive products.
categorically powertrain
Marketed under Dodge and Freightliner, the Sprinter successfully marries
automobility and paratransit needs with the market advantages of a premium
vehicle that is user
-friendly for family, caregivers or a medical facility
staff. "We are pleased this
new incentive
will allow more special needs customers to enjoy the enhanced
safety, design and performance advantages
of the Sprinter.
Details of the divisions in Q1 2005
The Mercedes Car Group's first
-quarter unit sales decreased by 7% to
247,000 vehicles, while revenues were 11% lower at $13.0 billion
.
Excluding Mitsubishi Fuso Truck and Bus Corporation (MFTBC), which has been
consolidated since
March 31, 2004 with a one-month time lag, unit sales and
revenues would have both increased by 11
%. This increase in earnings was
primarily a result of the worldwide market success of the products
of the
truck business and the settlement reached with Mitsubishi Motors Corporation
(MMC) on compensation
relating to the quality measures and recall campaigns at
MFTBC.
Financial Services' new business
increased by 13% to $15.5 billion toll kilometers had been recorded correctly.
The operating
profit contributed by Other Activities amounted to
$284 million in the first quarter of 2005, which
was $110 million higher than
in Q1 2004. Whereas further expansion of
truck markets is expected
in the NAFTA region, there are indications of
decreasing market expansion in Europe.sprinter hmc
Ramps may
be controlled from either inside or outside the vehicle.2 billion
- Net income of $374 million
- A slight increase in Group operating profit expected for full-year
2005, excluding
exceptional charges from smart, compared to 2004
- Supervisory Board approves new smart
business model
STUTTGART, Germany, and AUBURN HILLS, Mich.53 in Q1 2004.
At Mercedes
-Benz Passenger Cars, operating profit decreased due to lower
unit sales, mainly caused by lifecycle
reasons, a less favorable model mix,
and the ongoing strength of the euro. Operating profit in the
first quarter was additionally impacted by increased prices for raw materials. The
M-Class has
made an excellent start following its launch at the beginning of
April in the United States, the
major market for this vehicle.6 billion was 6% above the prior-year's level.
The Chrysler
Group anticipates a very intensive competitive situation for
the rest of this year. dollars at an
assumed rate of euro 1 = $1. Such statements are subject to risks and uncertainties,
including, but
not limited to: an economic downturn in Europe or North
America; changes in currency exchange rates
, interest rates and in raw
material prices; introduction of competing products; increased sales
incentives;
the successful implementation of the new business model for smart;
and decline in resale prices of
used vehicles. If any of these or other risks
and uncertainties occur (some of which are described
under the heading "Risk
Report" in DaimlerChrysler's most recent Annual Report and under the heading
"Risk Factors" in DaimlerChrysler's most recent Annual Report on Form 20-F
filed with the Securities
and Exchange Commission), or if the assumptions
underlying any of these statements prove incorrect
, then actual results may be
materially different from those expressed or implied by such statements
.configurator daimlerchrysler
Sprinter is cost-effective to modify due to its high roof and low
floor with ultra-low side access
for easy ramp adaptations and installations. A five-speed automatic
transmission with Autostick
(R) technology gives the driver more options for
engaging the gear that best suits the driving situation
. Expenses for the continuation of the
quality offensive also contributed to the decrease. As
part
of the new business model, fixed costs are to be reduced by 30% within
the next two years and productivity
will be boosted. The
Chrysler Group revealed another three models that are set for market launch
later in the year: the new Viper Coupe sports car, the Dodge Ram Mega Cab with
the most interior
space in a pickup truck, and the new Jeep(R) Commander with
three rows of seats. The ongoing positive
sales trend in nearly all business units and the
successful continuation of the current programs
to enhance efficiency more
than offset negative effects which resulted from higher raw material prices
and the ongoing strength of the euro.
In the truck business, the positive development of unit
sales continued in
the first quarter of 2005. Adjusted for
exchange-rate effects, the portfolio
expanded by 10%.sprinter hmc
"More than any other vehicle, the Sprinter meets the needs of automobility
and
paratransit users," said Pamela Niekamp, Senior Manager -- Commercial
Vehicle Marketing and Product
Planning, Chrysler Group. Without
this exceptional impact, Group operating profit in the first quarter
would
have been $1,852 million.89 billion and to achieve a return on sales of 7%. This growth was
primarily due to first-quarter sales of 8,200 units
of the smart forfour, which was launched in 2004
.9 billion were
7% lower than in Q1 2004. Unit
sales by the Trucks Europe/Latin America business
unit (Mercedes-Benz)
increased by 20% to 32,200 vehicles. The DaimlerChrysler Buses
business unit
sold 7,500 vehicles, 11% more than in the first quarter of last
year.
Attractive special financing
programs caused new business in the NAFTA
region to increase by 22% to $10.brushless manufacter
-- Customers to receive
$500 incentive toward wheelchair lift
-- Ideal for paratransit and automobility use
-
- With segment's most best-in-class advantages, Sprinter offers better
fuel economy and more
options, packages and customizations than any
other full-size van
AUBURN HILLS
, Mich.7-liter, five-cylinder Common-Rail Direct Injection
(CDI) Turbo Diesel engine, Sprinter models
continue to be among the most
efficient light- and medium-duty vehicles in their class. By the year
2007, the Mercedes Car Group intends to improve
its earnings by $3. The DaimlerChrysler Off-Highway
business unit increased its first-
quarter revenues by 23% to $490 million.
DaimlerChrysler
anticipates a slight increase in unit sales in full-year
2005 compared with 2004.S.x5 trasco
Customers who
purchase a 2005 Dodge or Freightliner Sprinter cargo
or passenger van will receive a $500 incentive
discount toward the
installation of a wheelchair lift. The ergonomically
designed Sprinter cab
provides 360-degree viewing for both the driver and
passenger.
Primarily due to a slight decrease
in unit sales and the appreciation of
the euro against the US dollar, first-quarter revenues of
$13. Contract volume increased to $99. There will be positive
impetus in particular from the strong
demand (evident since last year) for
Freightliner's heavy-duty trucks in the NAFTA region as well
as for Mercedes-
Benz trucks.36 0.41 -32 %
Employees (March 31) 386
,789 362,907 +7 %
Operating Profit (Loss)
by Divisions
Q1 2005 Q1 2004 05:04
in million U.manufacter curtainsider
Nearly
vertical
side walls combined with a high roof provide unequalled space
(247 cubic feet) in even the smallest
models and high seating with 360-degree
viewing offer exceptional visibility to both driver and passengers
.36, compared with $0.
First-quarter revenues of $41. And customers
are already keenly
anticipating the launch of the new M-Class in Western
Europe in three months time.
In the
first quarter of 2005, the Financial Services division improved its
operating profit significantly
compared with the same quarter last year to
$425 million (Q1 2004: $287 million). By the end of
March
, some 4. In general, the Group expects the
highly competitive situation across the entire automotive
industry to
continue, due to further reductions in product lifecycles and ongoing over-
capacity
. The division expects the
turning point in profitability as soon as in the second quarter this year
and
a further substantial improvement in the third quarter.
For the full year, EADS plans to deliver
350 to 360 Airbus aircraft (2004: 320
aircraft).
Further information from DaimlerChrysler
is available on the internet at:
http://www.S.categorically techform
Sprinter also features the longest maintenance intervals
, with
up to 20,000 miles between oil changes.
Powered by a premium 2. For more information
, visit
http://www. - Group operating profit of $1,852 million, excluding exceptional charges
from smart
- Group revenues of $41.
The Chrysler Group increased its
first-quarter retail sales by 5% to
664,500 units.9 billion.2 billion). At the end of the first
quarter
, DaimlerChrysler Bank had a total of 940,000 customers, 8% more than a
year earlier. Toll charging
for trucks above 12
tons on German highways ran smoothly in the first quarter. In
particular in
the Commercial Vehicles Division and the Chrysler Group,
employment levels should rise compared with
those at the end of 2004.S. The words
"anticipate," "assume," "believe," "estimate," "expect," "intend
," "may,"
"plan," "project" and "should" and similar expressions identify forward-
looking statements
.sunworld brushless
7 billion at the end of the first quarter of 2005.1 million
vehicles worldwide (+1%). The key areas
for action are cost
reductions, revenue increases, and the effective implementation of all the
required
measures. Sales of the smart fortwo,
which is now in its seventh year of production, were slightly
above the prior-
year's level.
The Commercial Vehicles Division increased its first-quarter
operating
profit from $348 million to $926 million. MMC will also pay compensation to DaimlerChrysler
under
the terms of this settlement. In
Germany, DaimlerChrysler Bank had a contract volume of
$18. This increase was mainly caused by a substantial improvement in
earnings by the DaimlerChrysler
Off-Highway business unit and a strong
operating result of European Aeronautic Defence and Space
Company (EADS) due
to its higher Airbus deliveries.media.curtainsider pantech
com
com/cgi-bin/prnh/20020212
/DCXLOGO )
Net income of $374 million was reported for the first quarter of 2005,
compared
with $534 million for the same period of last year.
Primarily due to the appreciation of the
euro against the US dollar,
DaimlerChrysler's total first-quarter revenues decreased by 2% to euro
31.5 billion.
As a part of the CORE program initiated in February 2005, the Mercedes Car
Group
's business system will be optimized.6 billion;
adjusted for exchange-rate effects, the increase amounted
to 16%.6 billion.2 million vehicles are
expected for the US market. With the launch of additional
new products, the
division intends to continue the positive development of the year 2004.manufacter sprinter
newscom
.
Worldwide unit sales of the smart brand increased by 32% to 26,400
vehicles.
The Supervisory
Board of DaimlerChrysler AG has approved the new smart
business model, the key elements of which
were announced on April 1, 2005. The increase was primarily due to higher sales of minivans
(+9%
) and the Dodge Durango (+17%). The number of models offered by
Chrysler Group outside the United
States is to be more than doubled by the
year 2007.
The Services division was renamed
Financial Services in the quarter under
review to reflect its focus on the offering of automotive
financial services. Contract
volume of $138.com
DaimlerChrysler - Figures
for the 1st Quarter 2005
DaimlerChrysler Group Q1 2005 Q1 2004
05:04
U.S.curtainsider pantech
(Logo: http://www.
At the end of the
first quarter of 2005, DaimlerChrysler employed a total
workforce of 386,789 people worldwide, which
was 23,882 more than a year
earlier (+7%). Customers have given an excellent reception to the new
B-
Class: about six weeks before the market launch at the beginning of June, more
than 20,000
cars had already been ordered by customers in Western Europe. Thanks to strong demand in the North American
market, unit sales by the Trucks NAFTA business unit (Freightliner, Sterling,
Thomas Built Buses
, Western Star) increased by 29% to 44,000 vehicles. At MFTBC, unit sales decreased by 12% to
41,100
vehicles.
For full-year 2005, the Commercial Vehicles Division expects its unit
sales
to continue the pleasing developments of 2004.
For the reader's convenience, the financial
information has been
translated from euros into U.-$ (Euro) (Euro) Change
Mercedes
Car Group (1,237) (954) 639 -
Chrysler Group 1)
327 252 303 -17 %
Commercial Vehicles 926 714
268 +166 %
Financial Services 425 328 221 +48 %
Other Activities 284 219 134 +63 %
Revenues by Divisions
Q1 2005 Q1 2004 05:04
in million U.S.kse lagonda
9 billion
at the end of 2004 to $4. smart's goal is to achieve breakeven by 2007. Unit sales (factory shipments
) decreased
by 3% to 666,700 vehicles. Measured in US dollars, this
increase amounted to 27%.daimlerchrysler
.28 0.
1) Figures for Q1/2004 have been adjusted retroactively for effects
resulting from the first time application of the Medicare Act in the
US.configurator z3
The first
of its kind in the automotive industry, the DaimlerChrysler
Automobility Program was created in 1987
.DaimlerChrysler Posts Operating Profit of $814 Million in First Quarter of 2005
The exceptional
impact from smart reduced net income by $664 million.2 billion
In the first quarter of this
year, DaimlerChrysler sold 1.0 billion (Q1 2004:
$94.-$ (Euro) (Euro) Change
Revenues
, in million 41,169 31,744 32,351 -2 %
Operating Profit, in million 1
) 814 628 1,546 -59 %
Net Income, in million 1) 374 288
412 -30 %
Per Share (EPS) 1) 0.pdr techform
Boasting a unibody construction
design that reduces curb weight and
maximizes payload capacity, Sprinter is the most versatile commercial
van on
the market. It is available in three wheelbases (118, 140 and 158 inches) and
two roof
heights (64 and 73 inches), allowing for considerable interior stand-
up height. Air
conditioning
with automatic temperature control and filtration, adjustable
seats, driver and passenger armrests
, anti-lock brakes (ABS) with Brake Assist
System (BAS) and Electronic Brake Distribution (EBD), Acceleration
Skid
Control (ASR), Electronic Stability Program (ESP) on Sprinter 2500 models and
three adjustable
headlight settings are also standard.
The net liquidity of the industrial business increased
from $2. Measured in euros, revenues decreased by 11%. In total, the Mercedes Car
Group anticipates
a slight increase in unit sales.-$ 1.kse bucco
4 gallons,
Sprinter has a driving range of 660 miles on a single
tank of fuel that is
five to nine gallons smaller than the competition. Adjusted for changes in the
consolidated Group, the number of
employees increased by 3% (+9,526).
Production of the new
Dodge Charger sedan started at the end of the first
quarter of 2005.
Within the framework
of its worldwide expansion, the Dodge brand had its
European debut at the Geneva Motor Show in March
.4 billion).
The development of DaimlerChrysler's earnings during the further course of
this
year will be impacted by increases in oil and raw-material prices, higher
interest rates and the
weakness of the dollar against the euro.2969
(noon buying rate on March 31, 2005).ifc manufacter
Sprinter Vans Join
DaimlerChrysler's Automobility Program
"
Dodge and Freightliner Sprinter models feature the
most best-in-class
advantages in the segment: fuel economy (25 miles per gallon), versatility,
turning
diameter (36. At smart there was an operating
loss from ongoing business activities.
Due to
lower factory unit sales and the appreciation of the euro against
the US dollar, the Chrysler Group
posted an operating profit of $327 million
in the first quarter of 2005 compared with an operating
profit of $393 million
in the first quarter of 2004.
The Commercial Vehicles Division
increased its first-quarter unit sales by
43% to 179,400 vehicles, while revenues rose by 29% to
$11. Unit sales by the Vans business unit decreased by 6% compared
with the prior-year period to
51,600 vehicles.5 billion at the
end of the quarter (end of Q1 2004: $17.
The Financial
Services division looks forward to stable business
developments and continued portfolio growth in
the financial services
business.)
This document contains forward-looking statements that
reflect
management's current views with respect to future events.sprinter sweeper
Outlook for full-year
2005
For the further course of the year, the growth of worldwide demand for
automobiles is
likely to be slower than in 2004. The division also expects positive
effects from the new V6 and
V8 gasoline and diesel engines, which are
gradually being introduced in its model range.
Following
a weaker first half, excluding the exceptional charges from
smart, DaimlerChrysler expects a slight
increase in operating profit for full-
year 2005 compared with the prior year.pantech sprinter
The result for
the
first quarter 2005 was affected by expenses relating to the realignment of
the smart business unit
of $1,038 million. The increase in earnings resulted from
lower charges from Toll Collect.
EADS anticipates a continued upswing of the civil aircraft market in 2005.
DaimlerChrysler
Group continues to expect higher revenues in 2005 compared
with 2004.categorically daimlerchrysler
, North America's
top-performing
full-size van has been added to DaimlerChrysler's automobility
program.7
billion.
The
Mercedes Car Group expects the launch of the M-, B-, R- and S-Class
and the model update of the CLK
to result in a significant boost to unit
sales, especially from mid 2005 onwards. Total industry
sales of 17.
Overall, the Chrysler Group expects to achieve higher unit sales in 2005.-$ (Euro
) (Euro) Change
Mercedes Car Group 13,466 10,383 11,674 -11 %
Chrysler Group 13,922 10,735 12,060 -11 %
Commercial Vehicles
11,042 8,514 6,612 +29 %
Financial Services 4,626
3,567 3,372 +6 %
Other Activities 572 441 387
+14 %
Unit Sales Q1 2005 Q1 2004 05:04
Change
Mercedes Car Group 247,000 266
,000 -7 %
Chrysler Group 666,700 684,800 -3 %
Commercial
Vehicles 179,400 125,800 +43 %
Rate of exchange: euro 1 = U.2969 (based
on the noon buying rate on
March 31, 2005).pantech sprinter
), interior compartment accessibility, load floor height
(17 inches), side step-in height (17 inches) and widest rear door opening
(270 degrees). This
is mainly a result of the lifecycle-
related decreasing demand for M-class and S-class and the continuing
weak
demand in several major markets in Western Europe. The successor to the
smart fortwo planned
for the year 2007 will also be specified to meet the
requirements of the US market. It will be launched
in the second quarter of this year.
Based on the contractual regulation of warranties related
to the
acquisition of shares in MFTBC, DaimlerChrysler has achieved a satisfactory
settlement
with MMC.
The contribution to operating profit generated by the Group's shareholding
in EADS
is included in DaimlerChrysler's operating profit with a time lag of
one quarter.
The size
of the total workforce should also increase slightly in 2005.5 billion. The convenience translation
does not
mean that the euro amounts actually represent the corresponding dollar amount
stated
or could be converted into dollars at the assumed rate.
Automotive is defined as vehicles
that are self powered such as cars, trucks, racing cars, snowmobiles and motorcycles.
digalog sunworld
With market-leading
fuel economy of 25 miles-per-gallon and fuel capacity of 26.
Standard features on Dodge and
Freightliner Sprinter models include power-
assisted rack-and-pinion steering, full-size driver and
front-passenger air
bags, headrests and three-point seatbelts with pretensioners. The 2005 MY production
cars have captured a total of 125
"best of" awards so far. Among other things, the settlement reached
provides for
MMC to transfer the remaining 20% of its shares in MFTBC to DaimlerChrysler
without
any payment. Contract volume in Europe rose by 7% to $32.
The successful start of the Toll Collect
system on January 1, 2005 was an
important milestone for Financial Services. We do
not intend
or assume any obligation to update any
forward-looking statement, which speaks only as of the date
on which it is
made.techform sophistication
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