Daimler optimistic on outlook without Chrysler
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The German-US auto giant DaimlerChrysler is confident the next few years will be positive now that it is getting rid of its loss-making US arm, Chrysler, chief executive Dieter Zetsche said in a newspaper interview published on Monday.
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Shares in DaimlerChrysler  extended last week's rally to touch their highest level since August 2001 on Monday amid continued speculation it could sell or spin off loss-making U.S. arm Chrysler.
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A detailed sales prospectus for Chrysler Group will be ready for potential buyers of the automaker soon, a source close to the process told Reuters on Friday.
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Executives said today that their auto company was well on its way to a turnaround without an alliance with Renault of France and Nissan of Japan.
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Speaking in Geneva, the chief executive of DaimlerChrysler said the all options were open for the Chrysler Groupâs financing arm.
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German-US auto giant DaimlerChrysler will decide this year what to do with its loss-making Chrysler subsidiary.
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FRANKFURT/DETROIT  - DaimlerChrysler AG  shares rose more than 4 percent to their highest level since August 2001 on Monday amid continued speculation it could sell or spin off loss-making U.S. arm Chrysler.
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DaimlerChrysler (DCXGn.DE) will  consider a wide range of strategic options for its loss-making  U.S. arm Chrysler Group, the world's fifth-biggest carmaker  said in a statement on Wednesday.
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A detailed sales prospectus for  Chrysler Group will be ready for potential buyers of the  automaker soon, a source close to the process told Reuters on  Friday.
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Unlike its rivals, the automaker makes a profit selling cars and gains US market share. By Brett Clanton / The Detroit News. Chrysler&#39;s ongoing recovery got another boost Thursday as the automaker reported
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DaimlerChrysler DCXGn.DE will not   make any management changes over last week's profit warning at   U.S. arm Chrysler, which is not up for sale, Chief Executive   Dieter Zetsche told a German newspaper.
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Daimler AG (DAIGn.DE) is very close to  announcing a joint venture with an Indian partner to produce  commercial trucks for the Indian market, a senior Daimler  executive said on Friday.
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DaimlerChrysler's (DCXGn.DE) third-quarter operating profit rose 7 percent, just below analyst expectations, as gains at U.S. arm Chrysler helped offset weaker earnings at premium carmaker Mercedes.
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German-US auto giant DaimlerChrysler no longer rules out the sale of its loss-making US subsidiary Chrysler and may present a plan at its annual earnings news conference later, newspapers have reported.
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DaimlerChrysler AG reported third quarter profits of almost 1 billion euros on Thursday, rebounding from a year-earlier loss, thanks to a strong performance from a Chrysler division rejuvenated by new models like the 300C sedan and Dodge Magnum wagon.
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The German-US auto giant DaimlerChrysler posted weaker second quarter earnings on Wednesday but raised its full-year profit forecast thanks to a cash injection from its sale of shares in the aerospace group EADS.
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Daimler AG  is very close to announcing a joint venture with an Indian partner to produce commercial trucks for the Indian market, a senior Daimler executive said on Friday.