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Schrempp On The Ropes & The Fight Goes On [Archive] - Auto Industry Forum

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Autopub
04-09-2005, 09:00 AM
Jurgen Schrempp ironically managed to get through the MB stockholders mtg in Berlin last week. Deutche Bank is major stakeholder and supposedly backs Schrempp but the banks own Fund mgr, DWS, does not. Hans Grunewalder, the fund mgr nailed Schrempp by publically confronting him about resigning.
Schrempp reportedly did not even mention Chrysler and its recent performance. It is time for a new team at MB hdqtrs as this "marriage made in heaven" needs new leadership and out of the box thinking and new stratgies.