Phoenix Is Rising as Bidder for Rover

Article Abstract:

BMW seeks written financial assurances as the earlier deal lacked alchemy with the Phoenix Consortium bid for the Rover car operation.

author: Miller, Scott
United Kingdom, Austria, Acquisitions & mergers, Investment Offices, Investment Companies, Open-End Investment Funds, Automobiles and other motor vehicles, Autos & Motor Vehicles Whsle, Automobile and Other Motor Vehicle Wholesalers, Rover Group Holdings PLC, Automotive wholesalers, Phoenix Consortium, BMW Austria GmbH

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Chrysler will miss profit target for 2000

Article Abstract:

The Chrysler Group unit of DaimlerChrysler AG is expecting to post lower-than-expected profits for the 2000 year. The car making unit is also expecting to post a loss for the 2000 fourth-quarter as a result of high costs and discounts.

author: Miller, Scott, Ball, Jeffrey
Sales, profits & dividends, Forecasts, trends, outlooks, Forecasts and trends, DaimlerChrysler AG. Chrysler Group

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Opel chief is set to announce blueprint to turn around firm

Article Abstract:

Adam Opel AG's new head, Carl-Peter Forster, plans to announce his blueprint for turning around the automaker. The blueprint includes organizational changes in how Opel will work with General Motors Corp., and probably changes in its sales and development.

author: Miller, Scott
Strategy & planning, Germany, Automobiles, Automobile Manufacturing, Brief Article, Opel AG

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subjects list: United States, Management, Wholesale industry, Wholesale trade, Automobile industry, Motor vehicles
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