Stage set for St. Valentine's Day drama at DaimlerChrysler
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The staged looks set for a possible St. Valentine's Day drama at DaimlerChrysler with the German-US auto maker refusing to rule out a sale of its loss-making US subsidiary Chrysler.
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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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Private equity firm The Blackstone Group  may bid for the troubled U.S. division of German automaker DaimlerChrysler AG , a person familiar with the situation said on Tuesday.
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Slow sales and slashed workforces have reportedly prompted executives from the two ailing auto giants to talk about an alliance - or even a merger
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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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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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DaimlerChrysler   shareholder DWS has called on the carmaker's management to consider a spin-off of the firm's ailing U.S. Chrysler unit as an option as it gets ready to unveil its latest restructuring plan for Chrysler, a German newspaper reported.
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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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Labour conflict looks set to boil over in the German automobile sector in the coming weeks as car makers such as Volkswagen and Opel seek to impose rigorous belt-tightening measures as an answer to chronically weak demand.
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In the ongoing power struggle within the European Aeronautic Defence and Space Company, major shareholder DaimlerChrysler has promised to "get tough" if Airbus chief executive Noel Forgeard is appointed EADS ...
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FRANKFURT : Labour conflict looks set to boil over in the German automobile sector in the coming weeks as car makers such as Volkswagen and Opel seek to impose rigorous belt-tightening measures as an answer to chronically weak demand.
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Auto giant DaimlerChrysler AG   DCXGn.DE is in detailed discussions with China's Chery   Automobile to make cars for sale in the United States and other   markets and could finalize the deal soon, sources said 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 (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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Leaders of many of the biggest global car companies will be at this yearÂs Paris Motor Show at a seminal moment for the automobile industry.
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FRANKFURT : General Motors&#39; European restructuring plans are heading for a further rough ride as wildcat strikes to protest the US automaker&#39;s plans to slash 12,000 jobs get set to spread on Tuesday.
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DaimlerChrysler's  chief executive is examining the possible spinoff of the firm's ailing U.S. unit Chrysler, Handelsblatt and Frankfurter Allgemeine Zeitung said on Wednesday, citing sources close to the matter.
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One of the world's premier automotive headline makers hatches a familiar scheme.