Tuesday, November 29, 2005

DCX to upgrade St. Louis factories

DaimlerChrysler: "We're Not GM"

DaimlerChrysler seems to be doing whatever it can to waive its metaphorical hands in the air and shout "We're not like General Motors!"

DC has announced a billion dollar upgrade of its Saint Louis plants that produce minivans and pick-up trucks. Also, it announced that it will build minivans for Volkswagen.

Separately DC announced that it would upgrade its Toledo, Ohio Jeep plant to build the new Nitro and other models. Finally, DC announced that it would prepare a new facility in South Carolina to build Sprinter vans from imported kits.

Even though Ford and GM have lost money recently, DaimlerChrysler has remained profitable.

DCX to upgrade St. Louis factories

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