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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of September, 2000
DAIMLERCHRYSLER AG
(Translation of registrant's name into English)
EPPLESTRASSE 225, 70567 STUTTGART, GERMANY
(Address of principal executive office)
[Indicate by check mark whether the registrant files or
will file annual reports under cover of Form 20-F or Form 40-F.]
Form 20-F X Form 40-F
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[Indicate by check mark whether the registrant by
furnishing the information contained in this Form is also thereby
furnishing the information to the Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934.]
Yes No X
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[If "Yes" is marked, indicate below the file number
assigned to the registrant in connection with Rule 12g3-2(b):
82- ]
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This report on Form 6-K is hereby incorporated by reference in the
registration statement on Form F-3 of DaimlerChrysler North America
Holding Corporation (Registration Statement No. 333-11306)
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DAIMLERCHRYSLER AG
FORM 6-K: TABLE OF CONTENTS
1. Press information of DaimlerChrysler AG, dated September 8, 2000, on
the strengthening of the alliance between DaimlerChrysler AG and
Mitsubishi Motors Corporation
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DAIMLERCHRYSLER
Press Information
September 8, 2000
Contact:
Michael Pfister, DaimlerChrysler Phone +49-711-17-93635
Lori McTavish, DaimlerChrysler Phone +1-248-512-2666
Karin Funke, DaimlerChrysler Phone +49-711-17-95157
Fumio Nishizaki, MMC Phone +81-3-5232-7165
DAIMLERCHRYSLER AG AND MITSUBISHI MOTORS CORPORATION
STRENGTHEN ALLIANCE: MAJOR RESTRUCTURING OF MITSUBISHI
MOTORS MANAGEMENT
o DAIMLERCHRYSLER AG NAMES ROLF ECKRODT AS THE NEW CHIEF OPERATING OFFICER
(COO) AT MITSUBISHI MOTORS CORPORATION
o TAKASHI SONOBE WILL SUCCEED KATSUHIKO KAWASOE AS PRESIDENT ON NOVEMBER 1,
2000
o PURCHASING PRICE FOR DAIMLERCHRYSLER AG'S 34 % STAKE REDUCED BY 10 %
o UNLIMITED INCREASE OF DAIMLERCHRYSLER'S EQUITY STAKE AFTER THREE YEARS
POSSIBLE
TOKYO/STUTTGART - Mitsubishi Motors Corporation and DaimlerChrysler AG held a
top management meeting to discuss the next steps in their alliance. After
constructive and fruitful discussions Mitsubishi Motors Corporation and
DaimlerChrysler AG mutually agreed that DaimlerChrysler AG will increase its
influence in Mitsubishi Motors Corporation. Changes have been agreed to the
organization and management of Mitsubishi Motors that will ensure the recovery
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of the company`s reputation. This is reflected in the following agreement:
1. The Mitsubishi Motors Corporation Management Board will be enlarged to 11
members, and will include the new position of Chief Operating Officer
(COO). His responsibilities will include research and development,
production/quality, procurement, marketing and sales. Mr. Rolf Eckrodt, 58,
currently head of DaimlerChrysler's rail systems subsidiary Adtranz, has
been designated to fill this new position, after the transition of Adtranz
to Bombardier.
2. President Katsuhiko Kawasoe, 63, will resign as President and Chief
Executive Officer to become non-executive board member on November 1, 2000.
His successor will be Mr. Takashi Sonobe, 59, who currently serves as Head
of International Operations of Mitsubishi Motors Corporation.
3. The purchasing price for DaimlerChrysler AG's 34 % stake in Mitsubishi
Motors Corporation will be lowered by 10 % from Yen 450 to Yen 405 per
share, reducing the total price from US $ 2.1 billion ([EUR] 2.4 billion)
to US $ 1.9 ([EUR] 2.2 billion). The closing is expected in October 2000.
4. DaimlerChrysler AG is entitled to increase its stake in Mitsubishi Motors
Corporation after a period of three years without limitation.
5. DaimlerChrysler will allocate additional know-how and management capacity
to Mitsubishi Motors Corporation by dispatching highly experienced
specialists and managers.
Under this agreement DaimlerChrysler AG will continue not to consolidate
Mitsubishi Motors Corporation in its balance sheet.
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Juergen E. Schrempp, Chairman of the Board of DaimlerChrysler AG, said: "This
agreement puts our alliance on a strong footing. The appointment of a Chief
Operating Officer will greatly enhance the ability of Mitsubishi Motors
Corporation to improve its competitive position. Rolf Eckrodt is a highly
experienced manager with a great track record - in several different countries
and different industries, including the automotive business. I am very confident
that with this agreement, the new Board under the leadership of
President-designate Takashi Sonobe and Rolf Eckrodt will succeed in
strengthening our alliance, enabling Mitsubishi Motors Corporation to regain
customer confidence, and improve overall performance."
DaimlerChrysler is one of the world` s leading automotive, transportation and
services companies. Its passenger car brands include Mercedes-Benz, Chrysler,
Jeep -Registered Trademark- , Dodge and smart. Commercial vehicles are
produced under the Mercedes-Benz, Freightliner, Sterling, Thomas Built and
Setra brands. The group also offers financial and other services through
DaimlerChrysler Services (debis). With 466,900 employees, DaimlerChrysler in
1999 achieved revenues of [EUR] 150.0 billion ($151.0 billion) and was the
world's third largest worldwide vehicle manufacturer by revenue after GM and
Ford.
INTERNET SITE
Additional information and news from DaimlerChrysler is available on the
Internet at: www.media.daimlerchrysler.com
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
DaimlerChrysler AG
By: /s/ ppa. Hans-Georg Bruns
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Name: Dr. Hans-Georg Bruns
Title: Vice President
Chief Accounting Officer
By: /s/ i.V. Robert Koethner
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Name: Robert Koethner
Title: Director
Date: September 8, 2000
