Daimler Charges Ahead
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Even if it becomes a niche car, the new Dodge Charger should be a success for DaimlerChrysler.
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Net income was 1.7 billion euros ($2.5 billion) in contrast to a loss of 12 million euros in the period a year earlier, Daimler said.
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Germany's Daimler AG intends to boost its 40 percent stake in Formula One team McLaren to a majority and has already agreed the main points of a deal, Germany's Auto Motor und Sport magazine reported on Wednesday.
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DaimlerChrysler AG, the world&#39;s fifth- biggest carmaker, reported a third-quarter profit as earnings growth at the Chrysler division offset a decline at the Mercedes Car Group and a year-earlier write-off wasn&#39;t repeated.
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DaimlerChrysler generated 2nd-quarter earnings before interest and tax of 2.13 billion euros ($2.90 billion), the German carmaker said, in line with market expectations.
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VANCE, Ala.  - Cerberus Capital Management LP  is on track to conclude its $7.4 billion acquisition of Chrysler Group, DaimlerChrysler Chief Executive Dieter Zetsche said on Wednesday.
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STUTTGART, Germany  - DaimlerChrysler's  market-leading trucks business will make an operating profit this year despite a sharp U.S. market contraction, division head Andreas Renschler told reporters on Friday.
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Chrysler Group, a unit of  DaimlerChrysler AG (DCXGn.DE), will roll out a new program of  discounted vehicle pricing in July in a move intended to clear  an overhang of unsold 2006 models, the company said on  Wednesday.
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One of the world's premier automotive headline makers hatches a familiar scheme.
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MEXICO CITY (Dow Jones/AP) -- DaimlerChrysler AG said Thursday it plans to spend $210 million to update one of its assembly plants in the northern Mexican state of Coahuila.
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The Chrysler Group, the North American arm of DaimlerChrysler AG, continued on its hot streak last month as the only domestic automaker with increasing US sales.
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Investment banks helping Cerberus  Capital Management LP finance its buyout of Chrysler, the U.S.  arm of automaker DaimlerChrysler (DCXGn.DE), will launch a road  show in the next week to raise funds for the deal, according to  a report in the Wall Street Journal, citing a source familiar  with the matter.
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DaimlerChrysler  unveils its latest restructuring plan for ailing U.S. arm Chrysler on Wednesday, almost six years to the day after its first try at shoring up profits from across the Atlantic.
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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 AG, the world&#39;s fifth- biggest carmaker, reported a third-quarter profit as Chrysler&#39;s US sales rose and a year-earlier write-off wasn&#39;t repeated.
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Reporting record performance for 2007, German luxury car maker Daimler forecast on Thursday more moderate growth in 2008 owing to a weakening global economy and the effects of the US housing crisis.
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DaimlerChrysler AG Friday said it has orders for more than 50,000 of its new Mercedes A-Class models in western Europe, meaning it has already reached the sales target for 2004.