CNBC says Ole Jerkin Shrimp in trouble

Ole Jerkin Shrimp is said to have offered his resignation last week to the board when they were deciding not to fund Mitsubishi any more. Today they are
in meeting considering Ole Jerkin's future! So maybe there is hope!
mcbrue hopefully under the bridge in the trailer down by the river
96 S420
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Schrempp does not resignate - the board expressed his confidence in Schrempp and his strategy; this is confirmed info from a few minutes ago.
Juergen P.S.: This is a _really_ bad day for DaimlerChrysler... ----------------------------------------------------------------------
MCBRUE wrote:

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The strategy Mr. Schrempp was implementing seems similar to the one Renault used when it bought a large piece of Nissan and then turned Nissan into a very successful company.
Why did this strategy not work with DC buying part of Mitsubishi?
Juergen . wrote:

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greek_philosophizer wrote:

Renault concentrated on one thing: Restructuring Nissan and benefiting from synergy effects afterwards.
Over-ambitious, clueless loudmouth amateur Schrempp wanted too many things at the same time: Severely cutting down Mercedes developmewnt and production cost - not having any clue of anything this soon lead to desastrous MB quality - to further increase MB profit plus occupation of too many market niches plus overtaking of Chrysler which had too many problems which amateur Schrempp did not realize when buyi... aeh: merging with Chrysler and the severe financial and product problems of Mitsubishi.
And not to speak of Smart which at the very moment means there's still a total loss of circa 4.000.000.000 Euro at the very moment - which will still take years to equlize - caused by introducing the new brand into the market as well as development cost of vehicles.
You see, there is too many wars fought at the very same time - and that with too few and too amateurish staff.
Juergen (yes, clear words today) ------------------------------------------------------------

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