Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Weak Dollar Delays U.S. Launch of Mercedes Wagon

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread		 This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
 
complain jane Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 11:29 PM
Original message
Weak Dollar Delays U.S. Launch of Mercedes Wagon
FRANKFURT (Reuters) - DaimlerChrysler has pushed back the U.S. launch of its new Mercedes B-class compact sports wagon, the world's fifth-biggest carmaker said on Monday, blaming the dollar's weakness against the euro.

The decision underscored European manufacturers' sensitivity to a weak dollar despite its recent gains on the euro, which has eased to near $1.2850 from a record high of $1.3667 on Dec. 30.

"It is correct that on account of the current dollar/euro rate we have delayed for the time being the launch of the B-class in the United States," a company spokesman said, confirming a report in the Automotive News industry paper.

http://www.reuters.com/newsArticle.jhtml?type=reutersEdge&storyID=7557487
Printer Friendly | Permalink |  | Top
complain jane Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 11:30 PM
Response to Original message
1. Now what was the idiot and his minions saying about a booming economy?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Fri Apr 26th 2024, 02:27 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC