DaimlerChrysler's Smart unit mulls cooperation with Peugeot
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German-US auto giant DaimlerChrysler hopes to turn around its loss-making Smart unit by establishing a close partnership between the ultra-small car and French car maker Peugeot, the Sueddeutsche Zeitung reported.
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Troubled Japanese carmaker Mitsubishi says it is in talks with PSA Peugeot Citroen after media reports suggest it will build cars for the French firm.
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DaimlerChrysler plans to offer hybrids in many of its vehicles but says the technology initially will be used in its Dodge Durango, following implementation in General Motors&#39; SUVs.
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DaimlerChrysler AG's (DCXGn.DE)  Chrysler Group and General Motors Corp.  are in talks on  a joint project that would provide Chrysler with a version of  the big Chevrolet Tahoe sport utility, the New York Times said  on Friday, citing people with direct knowledge of the talks.
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The disclosure that DaimlerChrysler might sell or spin off its Chrysler unit has put the spring back into its stock.
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Shares of DaimlerChrysler climbed yesterday after media reports that General Motors was in talks to buy the German firm's Chrysler division.
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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 chief executive of DaimlerChrysler , 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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PSA Peugeot Citroen  Chief Executive Christian Streiff said a strong euro was a handicap for European automakers and would require extra efforts to reduce costs that could involve producing more in low-cost countries.
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Volkswagenâs chairman, Ferdinand Piech, may join the board of the truck maker MAN, of which Volkswagen owns a 29.9 percent stake, MAN said. Mr. Piech, along with an executive with Volkswagenâs truck division, Stephan Schaller, will be among those directors whom shareholders will vote on during the May 10 annual meeting, MAN said. Mr. Piech, above, and Mr. Schaller would join Rupert Stadler, an executive with Volkswagenâs Audi subsidiary. Volkswagen has been pushing for an alliance formed of itself, MAN and Sania, another truck maker.
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General Motors and DaimlerChrysler are collaborating on development of fuel- saving hybrid engines in hopes of cashing in on an expanding market dominated by hybrid leaders Toyota and Honda.
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BMW wants to intensify cooperation with its fellow German luxury car maker Mercedes, a top BMW executive told a German magazine in comments released on Sunday.
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DaimlerChrysler is in talks with companies in China and elsewhere for the export of subcompact cars to North America.
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DaimlerChrysler and General Motors say they are teaming up to develop new hybrid technology for use in their cars.
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General Motors Corp. and DaimlerChrysler AG, two of the world's biggest automakers, are teaming up to develop fuel-saving hybrid technology for a range of vehicles that will help them compete with hybrid-vehicle leaders Toyota Motor Corp. and Honda Motor Co.
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General Motors Corp. and DaimlerChrysler AG, two of the world&#39;s biggest automakers, are teaming up to develop hybrid technology, which combines combustion engines and electric motors, for use in their vehicles, DaimlerChrysler said Monday.
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BEIJING, Dec. 14 -- General Motors and DaimlerChrysler will jointly develop a gasoline-electric powered car to match Toyota and Honda in so-called hybrid vehicles that save fuel and cut emissions.