DaimlerChrysler to boost 2006 trucks profitability
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HANOVER, Germany  - DaimlerChrysler's trucks   business will improve its profitability in 2006 and be able to   withstand weaker market conditions next year, division head   Andreas Renschler said on Tuesday.
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DaimlerChrysler enjoys growth in worldwide sales but its luxury car division Mercedes-Benz suffers a slump in profits.
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DaimlerChrysler AG&#39;s Mercedes Car Group Thursday warned that operating profit for this year will decline despite a rise in car sales, as it boosts spending to improve product quality.
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Ford Europe Chief Executive John Fleming  said on Thursday the European unit of the U.S. auto maker was  on track to post a profit in 2006 for the third consecutive  year.
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Automaker DaimlerChrysler AG said Friday it will charge 400 million euros (&#36;492 million) against earnings in the third quarter to cover the cost of recalls and past quality problems at Japanese truckmaker Mitsubishi Fuso Truck and Bus Corp, which is 65 percent owned by DaimlerChrysler.
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General Motors Corp. reported a net profit on Wednesday of $950 million for the fourth quarter of 2006 due to cost cuts, higher automotive revenues and a gain on the sale of its finance division
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DaimlerChrysler AG (DCXGn.DE)   could lay off up to 16 percent of the workers in its North  American truck operations next year due to an expected downturn  in demand, the head of the automaker's truck operations said on  Monday.
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Automaking giant DaimlerChrysler AG said Thursday it earned nearly $1.2 billion US in the third quarter on good performances from its financial services division and its US Chrysler arm, rebounding from a big loss a year ago when it had a
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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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DaimlerChrysler AG's commercial vehicles division sold nearly 30 percent more trucks and buses through November 2004 than in all of last year, the German-American automaker said Thursday.
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DETROIT -- General Motors Corp. reported Wednesday it earned $950 million for the last three months of 2006, its first quarterly profit in two years.
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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 cash from its sale of shares in the aerospace group EADS.
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Shares in DaimlerChrysler (DCXGn.DE)  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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Costs linked to recalls and quality problems at DaimlerChrysler&#39;s Japanese truck and bus unit will hit third-quarter operating profits by $493 million, according to the company.
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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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DaimlerChrysler  left investors guessing about plans to return excess cash to shareholders as the German carmaker reported second-quarter operating profits on Wednesday in line with market expectations.
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Germany's Daimler AG , the world's biggest truckmaker, does not expect the truck market in the United States to rebound until early next year, Chief Financial Officer Bodo Uebber told a conference call on Thursday.