DaimlerChrysler warns on 2006 profit
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DaimlerChrysler DCXGn.DE cut its   2006 operating profit forecast by around 1 billion euros ($1.27   billion) on Friday and predicted U.S. arm Chrysler could lose   1.2 billion euros in the third quarter, much worse than first   thought.
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General Motors Corp.  on Tuesday  said that overall 2006 U.S. auto sales were likely to come in  below the 2005 total because of higher interest rates and  gasoline prices.
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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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German carmaker Daimler  aims for higher growth and to be one of the world's most profitable car manufacturers, its chief executive told workers in a letter, Frankfurter Allgemeine Sonntagszeitung reported.
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DaimlerChrysler will spend up to 7.5 billion euros ($10.20 billion) to buy back nearly 10 percent of its shares, the carmaker said after reporting quarterly profit in line with market expectations.
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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 paid a $30 million fine in 2007, the most ever by an automaker, for failing to meet federal fuel-efficiency standards.
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FRANKFURT - An earnings stumble at DaimlerChrysler&#39;s Mercedes flagship tarnished higher profits at the world&#39;s fifth-biggest automaker on Thursday and stoked questions about the loss-making Smart compact&#39;s future.
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DaimlerChrysler AG, the world's largest truck maker, is preparing to lay off 4,000 workers in North America because it expects sales to slump next year.
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DaimlerChrysler&#39;s flagship Mercedes Car Group intends to regain peak profit levels within the next few years after operating profit dips in 2004, division had Juergen Hubbert said on Thursday.
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FRANKFURT, Germany -- Automaker Daimler AG posted its first quarterly loss since 2003, with charges of $3.7 billion from the sale of Chrysler offsetting big gains by its Mercedes-Benz Car Group.
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DaimlerChrysler  may communicate its future strategy for loss-making U.S. arm only in weeks or months, the world's fifth-biggest carmaker said on Thursday.
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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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DaimlerChrysler&#39;s (DCXGn.DE: Quote, Profile, Research) third-quarter operating profit rose 7 percent, just below analyst expectations, as
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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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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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The head of DaimlerChrysler AG's troubled Mercedes division has warned that market conditions will worsen this year, further burdening the luxury car unit.