Word: jurgens
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...novelty has worn off--and with it the notion that DaimlerChrysler was a merger of equals. Just a year ago, the CEOs of Daimler-Benz and Chrysler Corp.--Jurgen Schrempp and Bob Eaton, respectively--made the surprise announcement that their two companies were going to combine. But Eaton, the executive who presided over Chrysler's transformation into America's hottest car company, ceded too much authority too early, giving the Germans an advantage in the high-stakes game of musical chairs that happens when two huge corporations marry...
...producing metal. In Graz, Austria, this month, Mercedes and Chrysler vehicles began rolling off the same assembly line--in auto manufacturing, this is akin to walking on water. The Graz plant originally made the Jeep Grand Cherokee. But when the merger talks began last year, Mercedes car chief Jurgen Hubbert spotted a golden opportunity to expand production of the new M-class suv without paying the exorbitant costs of a new factory. In an odd twist, Mercedes saves more than $70 million by shipping components from its plant in Tuscaloosa, Ala., back to Europe for assembly alongside the Jeep. "There...
...what do car assemblers actually make these days? "Car assemblers have cornered the market on chassis platforms, and no modular provider wants to start making those, at least not in Europe," says Jurgen Kruschwitz, head of SMH Automotive. "Outside engineering consultants like Lotus may play a larger part in certain functional situations, but the car companies know how to protect their own design and competence...
...takes a tough man to make a tender chicken") and, of course, Lee Iacocca. The distinguished silvery head of Iacocca's successor at Chrysler, Robert J. Eaton, is currently featured larger than life (or so we must hope) in a baffling series of newspaper ads celebrating himself and one Jurgen E. Schrempp, CEO of Daimler-Benz, as "two intuitive leaders" who had the vision to merge their companies...
DISCUS 1926: 158.14 ft., L. Clarence ("Bud") Houser 1961: 199.21 ft., L. Jay Silvester, up 26% 1986: 243.04 ft., Jurgen Schult...