This Week:

• New Cars Debut At South Florida International Auto Show

• DaimlerChrysler Corporation Invests $455 million in its Indiana Transmission Plant to Build Mercedes-Benz Developed Transmission

• Creditors Begin Discussions With General Motors, Fiat

• Renault starts selling the exclusive Clio Renault Sport V6 in November 2000

• DaimlerChrysler Consolidates e-Business Activities and Founds New DCX NET Holding

• Ford Motor Company of Southern Africa announces extensive parts prices reduction on Ford and Mazda models

• Cadillac Receives USA TODAY Consumer Choice Award For 2000 IMAJ Concept
  .
• Toyota Announces Ambitious Environmental Action Guidelines for its North American Plants
  .
• General Motors Names McCann-Erickson Detroit As Agency Of Record For Corporate Advertising And Marketing Activities

• BMW Sales Jump 16.3 Percent For First Nine Months; September Sales Skyrocket By 30 Percent
  .
• DaimlerChrysler Corporation Announces Formation of Hybrid Electric Vehicle Platform

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News of  October 10, 2000

DaimlerChrysler Corporation Announces Formation of Hybrid Electric Vehicle Platform

Auburn Hills, Mich. - DaimlerChrysler Corporation announced  the creation of a Hybrid Electric Vehicle Engineering platform. In conjunction with this announcement, effective immediately, Lawrence J. Oswald is appointed Vice President - Hybrid Electric Vehicle Engineering platform, reporting to Bernard I. Robertson, Senior Vice President – Engineering Technologies & General Manager Truck Operations.

In this position, Oswald is responsible for leading DCC's aggressive Hybrid Electric Vehicle programs and establishing DaimlerChrysler as the benchmark in hybrid vehicle development.

"The creation of this organization signifies DaimlerChrysler's commitment to leadership in advanced and alternative powertrain development," said Robertson. "It also signifies our commitment to deploying hybrid electric vehicles as rapidly as possible."

Prior to this assignment, Oswald served as Director - Body Engineering for Liberty & Technical Affairs.

Reporting to Oswald will be, Robert L. Davis, Director - Advanced Electric Propulsion Systems and Randall J. Ryszewski, Senior Manager - EPIC EV Program. An additional organizational structure for the Hybrid Electric Engineering platform will be announced at a later date.

(October 5, 2000)

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