Re: DaimlerChrysler

From: Klaus Wilkens (klaus@buffnet.net)
Date: Mon May 11 1998 - 20:53:16 EDT


Jon,

DB sold 770some thousand cars and 400some thousand trucks last year. I don't know
VWs sales but they are probably higher than DB, but DB is a much larger company.
VW makes cars, trucks and nothing else wheras besides cars and trucks DB is in
Aerospace and defense, ground ransportation (railroads, etc), and other ventures.

KW

Jon Steiger wrote:

> At 03:05 PM 5/11/98 -0500, you wrote:
> >At 01:15 PM 5/11/98 , you wrote:
> >
> >>Well what I read in the NY Times said "The world's 5th largest automaker
> >>(Chrysler) is being bought out by Germany's largest (Can't remember th
> >>adjective they used for Daimler Benz)" so by that CC was 5th BEFORE the
> >>merger so they have to be higher up now....
> >>
> >>Bruce
> >>
> >
> >Why do they HAVE to be higher up now? Whoever was 4th (VW?) could have been
> >so far ahead that even this merger wouldn't have caught CC up to them.
> >
>
> If the info in the NY Times was correct (which it now seems it wasn't?),
> then he's right, CC would have to move up, since VW is one of the top five.
>
> The paper called DB "Germany's largest", which would mean that it is
> larger than VW. CC was smaller than VW, but DB was already bigger than
> VW, so DB-CC has to be bigger than VW after the merger. (If you look at
> it from the CC perspective, it moved up; if you look at it from the DB
> perspective, it might not nescessarily move up.) Of course, if the paper
> was wrong about DB being larger than VW, then no matter which perspective
> you look at it from, CC doesn't "have" to be higher up. (It is possible
> that DB was 4th and adding CC wasn't enough to move them past #3. Though
> #6 is now #5)
>
> Hee hee hee! (Try thinking that 5 times real fast.) ;-)
>
> -Jon-
>
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