DaimlerChrysler breaks records

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AUBURN HILLS, Mich. – DaimlerChrysler broke sales and revenue records for 1999 at its commercial vehicle division.

DaimlerChrysler revenues also rose by more than 15 per cent in 1999 to more than $26 billion.

“Our strengths are rooted in the global networking of our activities. In that field we can, for instance, synchronize single components between the several regions and get significant synergies without losing our focus for requirements of our local customers, said Dr. Dieter Zetsche, member of the DaimlerChrysler board of management with responsibility for commercial vehicles.

DaimlerChrysler increased sales of Mercedes-Benz and Setra trucks, vans and buses in Western Europe by eight per cent to just under 275,000 vehicles last year.

Mercedes-Benz trucks also extended its leading position in the Western European market last year to a market share of about 25 per cent.

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