Juergen Schrempp Quotations

Mitsubishi Motors is the ideal partner to increase DaimlerChrysler's presence in all parts of Asia. Outside of Japan, (Mitsubishi) has the largest market share in Asia.

returned to the excellent results of 1998 and 1999.

Our strategy is sound, and the Mercedes-Benz group's turnaround came right on schedule in the second quarter. In addition, the turnaround at Chrysler Group is beginning to pick up momentum.

We have what we need. The name of the game now is operational excellence. The group is structured as it will be in the long term.

We never comment on any rumors or speculation. Nothing has changed on this position,

The debt Mitsubishi Motors has will not show up on our balance sheet.

Yes, the performance at Chrysler is at this moment not what we expected, ... But I want people to understand is that the operational issues have nothing to do with what I term an absolutely perfect strategy.

Cost savings of $3.3 billion were achieved last year, which was more than our target,

Automotive stocks aren't in fashion and that doesn't help, ... I think we have such a tremendous message that in time will bring the stock up. I am very impatient about the stock price.

The restructuring of the Chrysler Group is moving along well, ... Work force reduction is proceeding according to plan, and agreements on cuts in the cost of materials in 2001 have already been reached.

I could imagine that we could see a transaction of one kind or another during the course of the year,