DaimlerChrysler Rebutted New 20 000 Discharge.

DaimlerChrysler AG American-German car manufacturing concern officially rebutted the information concerning the alleged intention to dismiss additional 20 000 employees.

Currently DaimlerChrysler is performing the final stage of 8 500 discharge at Mercedes Car Group factories in Germany aimed at improving the competitive capabilities of Mercedes-Benz as a brand and concurrently to increase the manufacturing effectiveness of German factories.

DaimlerChrysler in fact reached agreement by far to the 8 500 dismissing employees concerning labor contracts voluntary cessation long in early September of 2005. The labor cut cost meanwhile DaimlerChrysler the amount of 950 million euros given its most part came for indemnity payments in firth quarter of 2005.

In spite of the upper mentioned facts and conditions DaimlerChrysler AG managed to gain 2.846 billion euros of pure profit in 2005 year marking the 15% annual growth compared to 2.466 billion euros of 2004 rate. The total DaimlerChrysler AG gain of 2005 amounted to 149.776 billion euros with 5.4% increase to 142.056 in 2004.