Chrysler executive sees closer ties with Mercedes
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DaimlerChrysler AG's   U.S. head of product development said on Wednesday that the German-American carmaker's Detroit and Stuttgart-based units plan to share more components and platforms -- and one day could be building their vehicles in common plants.
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NEW YORK/DETROIT  - General Motors Corp. is in preliminary talks to buy Chrysler, the struggling U.S. arm of DaimlerChrysler AG, or to strike a strategic alliance with the rival automaker, sources familiar with the situation said on Friday.
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Amid strained ties with partner DaimlerChrysler, Japanese car maker Mitsubishi Motors could soon reduce cooperation with the German-US auto giant, Mitsubishi's chief executive revealed in a newspaper interview.
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General Motors is in talks to buy DaimlerChrysler AG's struggling Chrysler group in its entirety, according to several reports.
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General Motors Corp. GM.N Chief   Executive Rick Wagoner said he was open to an alliance with   Renault-Nissan and made clear that talks might be extended   beyond a mid-October deadline set by the carmakers.
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Buyout firm Cerberus Capital Management LP  has hired Chrysler's former chief operating officer to advise it on a possible bid for the U.S. carmaker, the Financial Times reported on Wednesday.
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Representatives from Cerberus Capital Management  met executives from Chrysler Group on Monday to consider a possible bid for the struggling automaker, the Detroit News reported on Tuesday.
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Chrysler executives have had to tread a fine line in expressing their reactions to the automakerâs return to American ownership.
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Robert L. Nardelli, Chryslerâs new chief who earlier ran Home Depot, spoke about the auto industry in a way that suggested he was still in a home-improvement state of mind.
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The Chrysler Group and General Motors are holding discussions about a joint project that would provide Chrysler with a version of the big Chevrolet Tahoe sport utility.
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DaimlerChryslerâs American subsidiary could attract many suitors, including private equity firms and overseas manufacturers looking for a North American ally, analysts said.
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A major Chrysler Group retailer expects the struggling No. 4 U.S. automaker to maintain its share of the pickup truck market this year by offering generous discounts in the face of tough competition.
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DaimlerChrysler AG's (DCXGn.DE)   U.S. head of product development said on Wednesday that the  German-American carmaker's Detroit and Stuttgart-based units  plan to share more components and platforms -- and one day  could be building their vehicles in common plants.
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Chrysler Group should end 2006 with a   higher market share than it held during the earlier months of   what has been a "difficult" year marked by declining sales and   market share, a senior executive said on Wednesday.
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Volkwagen  brand group chief  Wolfgang Bernhard has met with DaimlerChrysler (DCXGn.DE) head  Dieter Zetsche to discuss his possible return to  DaimlerChrysler, German magazine Automobilwoche said on  Saturday.
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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.
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Chrysler LLC has a realistic business plan in place and hopes to avoid future buyouts or other downsizing because of U.S. economic woes, the company's president said on Tuesday.