DaimlerChrysler to cut truck production
Nov 28, 2001 12:00 PM
DaimlerChrysler AG became the latest automaker to cut production amid further worries about the effects of weakening economic conditions on demand. DaimlerChrysler plans to cut production at its truck plant near Karlsruhe from the start of 2002, said a representative of the workers' council.The approximately 10,000 workers at the Woerth plant near Karlsruhe will work a four-day week from the beginning of January to the end of February, said representative Gerd Rheude. Rheude also said the company now planned production of 66,300 trucks for 2002, down from 78,300 trucks in 2001.Several European automakers have reduced production to help offset anticipated weakness in demand in the wake of September's attacks on the United States.The European truck market is looking particularly weak. Last week, Germany's
