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GERMANY: DaimlerChrysler creates 4,000 commercial vehicle jobs

By just-auto.com editorial team | 21 September 2004

Strong demand for vehicles will result in DaimlerChrysler having created 4,000 new jobs in its commercial vehicles division by the end of this fiscal year, the automaker said on Tuesday, according to reports.

The division was building on positive growth from the 2003 fiscal year and was on course for a successful 2004 and beyond, division head Eckhard Cordes said at the International Commercial Vehicles Show.

"For 2005 we see a further positive development," he said.

Cordes said the division expects to add 3,000 jobs at Freightliner, based in Portland, Oregon, and another 1,000 around the world to increase the division's total work force to 110,000. But most of the jobs already have been added.

Division sales in the first half of 2004 totalled 310,700 units, an increase of some 34% over the year before. Revenues climbed 26% to €15.6 billion while operating profit soared over the same period by 174% to €736 million, the company said.

"The positive sales figures for trucks are based on burgeoning demand in Europe, and particularly strong demand in the NAFTA region and the Near and Middle East," Cordes said.