DaimlerChrysler to 'get tough' with French within EADS: report
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In the ongoing power struggle within the European Aeronautic Defence and Space Company, major shareholder DaimlerChrysler has promised to "get tough" if Airbus chief executive Noel Forgeard is appointed EADS ...
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The French state said Monday it was ready to boost the capital in EADS, the parent group of Airbus, as French unions prepared a massive strike over planned cutbacks at the troubled planemaker.
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Auto giant DaimlerChrysler AG  (DCXGn.DE) is in detailed discussions with China's Chery  Automobile to make cars for sale in the United States and other  markets and could finalize the deal soon, sources said on  Friday.
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The government, goaded by presidential candidates into responding to large job cuts at the airplane maker Airbus, said it was ready to pump cash into the company and shake up a Franco-German power-sharing pact. Prime Minister Dominique de Villepin also called on the parent of Airbus, the European Aeronautic Defense and Space Company, to abandon paying a dividend this year to its shareholders, which include the French government, after announcing plans to cut 10,000 jobs. Some 4,300 of those jobs are in France. Mr. Villepin, above, said the government stood ready to participate if the holding company decided to tap its shareholders for more cash through a capital increase to shore up a company badly hit by delays to the new Airbus A380 superjumbo airliner. âThe state will play its role,â he said. However, EADSâs biggest private shareholder, the German car company DaimlerChrysler, has battled for years to prevent what it regards as state meddling.
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PARIS/BERLIN  - France hopes to be able to announce an agreement about a simplified management structure for European defense group EADS  at a summit meeting on Monday, but Germany is in no hurry to strike a deal.
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The European aerospace giant EADS is facing new problems with its A400M military transport plane which could delay its maiden flight expected in July, a Germany weekly reported.
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DaimlerChrysler AG is looking at selling cars made by China's Chery Automobile Co. Ltd. in the United States through its Chrysler group, a German magazine reported yesterday. That could help the company meet demand for more fuel-efficient cars from American consumers.
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The chief executive of DaimlerChrysler  (DCXGn.DE), Dieter Zetsche, said it would be difficult to break  up Chrysler, as analysts and other experts have speculated  recently, due to an integrated production system that binds  together its various brands, The New York Times said.
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German Chancellor Angela Merkel and French President Jacques Chirac are likely to discuss troubled aerospace group EADS  when they meet next week in Paris, but will not address issues better left to company management, a German government spokesman said.
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The French president wants an agreement to streamline the dual French-German management at Airbusâs parent company, EADS.
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PARIS -- Feuding managers at EADS had their wings clipped by the French government yesterday as a succession war threatened to engulf Europe&#39;s largest aerospace firm, distracting from new plans to challenge Boeing.
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Auto giant DaimlerChrysler AG   DCXGn.DE is in detailed discussions with China's Chery   Automobile to make cars for sale in the United States and other   markets and could finalize the deal soon, sources said on   Friday.
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German-US auto maker DaimlerChrysler said Tuesday that it had chosen EADS co-chairman Manfred Bischoff as its new supervisory board chief.
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France and Germany are set for a new clash on industrial policy this week over a possible defence deal which would involve 23,000 jobs in the UK.
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European leaders are concerned over job cuts German and French leaders are in talks to address how an overhaul of Airbus will affect their respective countries and try to resolve their differences.Comment
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DaimlerChrysler (DCXGn.DE) aims to  resolve a management crisis at European defense group EADS   quickly, the German automaker and EADS founding  shareholder&#039;s chief executive was quoted as saying on  Wednesday.
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French and German leaders hold  a one-day summit dominated by the future of Airbus parent EADS  on Monday, seeking to halt in-fighting blamed for their worst  recent industrial crisis.