Mon Dec 11, 2006 2:20pm ET
DETROIT (Reuters) - DaimlerChrysler AG (DCXGn.DE: Quote, Profile , Research) (DCX.N: Quote, Profile , Research) could lay off up to 16 percent of the workers in its North American truck operations next year due to an expected downturn in demand, the head of the automaker's truck operations said on Monday.
Andreas Renschler, a member of DaimlerChrysler's board of management, also said Chrysler Group's Chief Executive Tom LaSorda has the board's backing, as the company's U.S. unit readies a turnaround plan intended to address swollen inventories and a drop in sales of almost 8 percent this year.
Renschler said the potential for up to 4,000 job cuts in the truck operations would include 800 layoffs that have already been announced and that will take effect in March.
DaimlerChrysler, the world's largest commercial truck maker, employs a total of about 25,300 in its truck operations in the United States, Canada and Mexico.
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