Activity heats up in possible Chrysler sale: report
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The pace of activity around a possible sale of DaimlerChrysler AG'S  Chrysler Group is accelerating, after several potential buyers met with management before presenting preliminary offers by the end of the month, The Wall Street Journal reported.
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German-US car giant DaimlerChrysler said that it was able to lift overall vehicle sales last year, thanks to the strong performance of its Chrysler and Smart cars, while sales of its prestigious Mercedes brand declined.
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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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Sales at DaimlerChrysler rose 2.1% in 2004, as Chrysler makes up for weakness at luxury marque Mercedes, the German-US carmaker says.
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Nissan Motor Co  and Chrysler LLC are in preliminary discussions to supply cars, trucks and engines to each other, a source close to the talks said on Friday.
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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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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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DaimlerChrysler raised the prospect of parting company with its loss-making U.S. Chrysler arm on Wednesday, a move which could unwind a blockbusting 1998 merger creating the world's No. 5 car maker.
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A detailed sales prospectus for Chrysler Group will be ready for potential buyers of the automaker soon, a source close to the process told Reuters on Friday.
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Investment banks helping Cerberus Capital Management LP finance its buyout of Chrysler, the U.S. arm of automaker DaimlerChrysler , 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 AG  on Thursday said its U.S. sales rose 3 percent to 173,377 vehicles in January, from the same period a year earlier.
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Chrysler LLC has a "realistic" business plan in place and "hopes to avoid" future buyouts or other downsizing due to U.S. economic woes, the company's president said on Tuesday.
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The Chrysler Group of DaimlerChrysler AG was the only domestic car company that gained ground during November, marking its eighth straight month of U.S. vehicle sales increases. General Motors Corp. and Ford Motor Co. both declined, while two of their biggest Japanese rivals made solid gains.
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Unlike its rivals, the automaker makes a profit selling cars and gains US market share. By Brett Clanton / The Detroit News. Chrysler&#39;s ongoing recovery got another boost Thursday as the automaker reported
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More than a dozen parties have expressed interest in Wendy's International Inc's  sale process, the Wall Street Journal reported on Monday, citing a person familiar with the  situation.
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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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The chief executive of DaimlerChrysler AG's  Chrysler Group said he wants to use new alliances to more than double sales outside North America, the Wall Street Journal reported on Friday.