DaimlerChrysler to Conduct Review of Advertising Agencies
7 September 2000
DaimlerChrysler to Conduct Review of Advertising AgenciesAUBURN HILLS, Mich., Sept. 6 DaimlerChrysler Corporation has announced that it will review its advertising agency business relationships beginning this month, as part of the company's long-standing commitment to process redesign. The Company's worldwide Chrysler, Jeep(R) and Corporate brand advertising is currently handled by FCB Worldwide, a subsidiary of True North Communications. BBDO Worldwide, a unit of Omnicom Group, Inc., services the Company's Dodge brand advertising. "This is all about efficiencies, not about creative product or capability," said Arthur C. (Bud) Liebler, Senior Vice President -- Chrysler Group Marketing. "We are in ongoing discussions with our major agency partners to determine additional ways to drive costs out of our system. We are undecided at this early stage what that final structure will be, but it could ultimately lead to one primary agency for all Dodge, Chrysler and Jeep brand and corporate advertising." Liebler added that agencies that support minority and customer relationship marketing are not affected by the review, although some of those companies are linked to the two major agencies. Those agencies are Don Coleman Advertising, Inc., Montemayor Y Associates, Inc. and InterOne Marketing Group. While no deadline has been established, it is expected that a decision on the new agency structure will come in the 4th Quarter, Liebler said.