IMPORT BRIEFS

IMPORT BRIEFS

NESTLE SAYS NET PROFIT

JUMPED 17 PERCENT IN 1989ZURICH, Switzerland - Swiss group Nestle, the world's leading agro-food group, had a very good year in 1989, with net profit up 17.2 percent at 2.41 billion Swiss francs ($1.66 billion), the company said Wednesday.

Total income was up 21.6 percent at 48.036 billion francs, and dividends per share rose 14.3 percent to 200 francs.

Helmut Maucher, Nestle chief, said the company expects significant growth this year, but "Nestle for the moment has no major acquisition in the works."

CHRYSLER, OHIO OFFICIALS

DISCUSS JOBS FOR TOLEDO

TOLEDO, Ohio - A Chrysler Corp. representative met with city and state officials to discuss plans to build a new sport utility vehicle in Toledo and transfer production of the Jeep Wrangler to Toledo from Brampton, Ontario.

Michael Glusac, Chrysler's executive director of governmental affairs, declined comment on details of Tuesday's meeting.

"I'm very optimistic that we can get a number of issues resolved so we can build the 'JJ' in Toledo," Mr. Glusac said, referring to the vehicle Chrysler plans to build as part of a $500 million joint venture with Renault of France.

AUTO LOBBYING GROUP

DROPS 'IMPORTER' LABEL

DETROIT - A lobbying group of 22 overseas-based automakers said Tuesday it is dropping the word "importers" from its name.

The Automobile Importers of America said it now will be known as the Association of International Automobile Manufacturers. Its headquarters are in Arlington, Va.

"Manufacturing in the United States as well as new partnership arrangements make it appropriate to broaden the association's services to the members since they are more than just importers," the group's chairman, Friedrich Hanau, said in a statement.