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Daimler Annual Report 2011 - Alle jaarverslagen

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3 | Management <strong>Report</strong> | Outlook<br />

One focus will be on developing and adapting new engine<br />

generations in order to fulfill increasingly stringent emission<br />

regulations, as well as on successor generations for existing<br />

products. The fulfillment of future emission standards is an<br />

important area of research and development also at Mercedes-<br />

Benz Vans and <strong>Daimler</strong> Buses. Alternative drive systems<br />

also play an important role, in particular at <strong>Daimler</strong> Buses.<br />

In addition to the aforementioned projects, <strong>Daimler</strong> has set<br />

aside substantial amounts in its research budget for new<br />

technologies with which we intend to achieve a sustained<br />

improvement in the safety, environmental compatibility<br />

and economy of road traffic.<br />

Workforce<br />

Due to the anticipated business development, production<br />

volumes will continue increasing in the years 2012 and 2013.<br />

In order to achieve our ambitious growth targets, we will<br />

require additional personnel in all the divisions. In connection<br />

with expanding our production capacities, we will create<br />

new jobs above all in North America, Asia and Hungary. By<br />

developing production capacities abroad, we are also secur ­<br />

ing the jobs in Germany. Because of our targeted productivity<br />

advances, the size of the total workforce will increase at<br />

a significantly lower rate than our unit sales.<br />

Forward-looking statements:<br />

This document contains forward-looking statements that reflect our current<br />

views about future events. The words “anticipate,” “assume,” “believe,” “estimate,”<br />

“expect,” “intend,” “may,” “plan,” “project,” “should” and similar expressions<br />

are used to identify forward-looking statements. These statements are subject<br />

to many risks and uncertainties, including an adverse development of global<br />

economic conditions, in particular a decline of demand in our most important<br />

markets; a worsening of the public debt crisis in the euro zone; a deterioration<br />

of our funding possibilities on the credit and financial markets; events of force<br />

majeure including natural disasters, acts of terrorism, political unrest, indus ­<br />

trial accidents and their effects on our sales, purchasing, production or financial<br />

services activities; changes in currency exchange rates; a shift in consumer<br />

preference towards smaller, lower margin vehicles; or a possible lack of acceptance<br />

of our products or services which limits our ability to achieve prices as<br />

well as to adequately utilize our production capacities; price increases in fuel or<br />

raw materials; disruption of production due to shortages of materials, labor<br />

strikes, or supplier insolvencies; a decline in resale prices of used vehicles; the<br />

effective implementation of cost-reduction and efficiency-optimization measures;<br />

the business outlook of companies in which we hold a significant equity<br />

interest, most notably EADS; the successful implementation of strategic cooperations<br />

and joint ventures; changes in laws, regulations and government policies,<br />

particularly those relating to vehicle emissions, fuel economy and safety; the<br />

resolution of pending governmental investigations and the conclusion of pending<br />

or threatened future legal proceedings; and other risks and uncertainties,<br />

some of which we describe under the heading “Risk <strong>Report</strong>” in this <strong>Annual</strong> <strong>Report</strong>.<br />

If any of these risks and uncertainties materialize, or if the assumptions<br />

underlying any of our forward-looking statements prove incorrect, then our actual<br />

results may be materially different from those we express or imply by such<br />

statements. We do not intend or assume any obligation to update these forwardlooking<br />

statements. Any forward-looking statement speaks only as of the date<br />

on which it is made.<br />

127

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