February 25, 2001 |
Just one day after announcing he would eliminate hundreds of millions of dollars in dealership advertising and showroom subsidies, Dieter Zetsche, Chrysler Group's recently named chief executive, faced an angry audience of about 80 Los Angeles-area Chrysler dealers. Many were indignant about the subsidies being taken away from them. "It was extremely hostile," Clay James, owner of Huntington Beach Dodge, recalls of the Jan. 30 meeting at the Renaissance Hotel near the airport.
August 5, 2005 |
The wife of incoming DaimlerChrysler Chief Executive Dieter Zetsche was charged in what police say was a party at which more than 20 underage drinkers were ticketed. Gisela Zetsche, 55, had been scheduled to appear in court Thursday, but that hearing was adjourned until Sept. 13. She faces a $500 fine if convicted of the charge, having an open house party. Dieter Zetsche was not at home during the party, a Chrysler spokeswoman said.
December 20, 2000 |
Faced with staggering losses and employees' plummeting morale, Chief Executive Dieter Zetsche pledged Tuesday to turn Chrysler back into "a lean and mean" company that makes good money and is brimming with exciting cars and trucks. Zetsche, the first German to head the Chrysler side of DaimlerChrysler's business, said his top priority is to return to profitability by slashing costs and becoming more nimble.
April 5, 2007 |
When DaimlerChrysler Chairman Dieter Zetsche arrived at the automaker's annual meeting here Wednesday, he made a point of posing for photographs with a red Chrysler-built Avenger. It was a gesture both obvious and inscrutable. Zetsche created a stir in mid-February when he announced that all options were on the table concerning the future of Chrysler Group, the money-losing American automaker acquired by Daimler for $36 billion in 1998.
January 25, 2006 |
DaimlerChrysler, the world's fifth-largest carmaker, plans to eliminate 6,000 administrative jobs as new Chief Executive Dieter Zetsche deepens cost cuts. The maker of Mercedes and Chrysler sedans will save 1.5 billion euros ($1.8 billion) a year with the latest reductions, Zetsche said Tuesday. The move will cost Stuttgart, Germany-based DaimlerChrysler 2 billion euros and comes after Zetsche cut 8,500 manufacturing positions at Mercedes.
June 28, 2006 |
DaimlerChrysler Chairman Dieter Zetsche will announce plans to sell its micro Smart two-seater car in the United States next year, a company executive said. Zetsche is scheduled to meet with reporters today to make the announcement at the Detroit Athletic Club, the executive said.