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DaimlerChrysler Announces Formation Of Hybrid Electric Vehicle Platform

5 October 2000

DaimlerChrysler Corporation Announces Formation Of Hybrid Electric Vehicle Platform

    AUBURN HILLS, Mich., Oct. 5 DaimlerChrysler Corporation
announced today 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.