Chrysler Lures Another Top Executive
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SHANGHAI, Sept. 7 -- Chrysler lured its second high-profile executive in as many days, appointing SAIC Motor's Phil Murtaugh as chief executive of its Asian operations Friday.
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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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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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Chief executives have been an embattled group lately. Bristol-Myers Squibb (BMY), Ford (F) and Viacom (VIA, VIA.B) each replaced their top executives in recent days.
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Volkswagen has recruited Wolfgang Bernhard, who as DaimlerChrysler&#39;s former star manager built a reputation as an aggressive cost-cutter, to join its board.
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General Motors Corp. , dampening weeks of media speculation, has no plans to hire former Chrysler COO Wolfgang Bernhard for a top management post, company officials said Sunday.
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Buyout firm Cerberus Capital Management LP  has hired Chrysler's former chief operating officer to advise it on a possible bid for the U.S. carmaker, the Financial Times reported on Wednesday.
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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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Representatives from Cerberus Capital Management  met executives from Chrysler Group on Monday to consider a possible bid for the struggling automaker, the Detroit News reported on Tuesday.
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Chrysler Group is set to join its Detroit-based rivals in the breakdown lane of the nation's auto industry, just a year after it was racing past those competitors in most measures of success.
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DaimlerChrysler AG's Chrysler Group   DCXGn.DE could link up with a Chinese automaker to   launch a new small car as Chrysler works to conclude a review   of potential partners in the coming weeks, Chief Executive Tom   LaSorda said on Monday.
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ChryslerÃÂs top sales executive, Joe Eberhardt, is leaving to take a retail position at the American operation of Mercedes-Benz.
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DaimlerChrysler  is looking towards a rosy future after the sale of its U.S. arm Chrysler, the car maker's chief executive told a German newspaper.
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Chrysler, with a new owner and a new boss, is placing a big bet on a fledgling Chinese automaker.
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DETROIT  -Ford Motor Co.  said on Friday it  would pay veteran aerospace executive Alan Mulally $18.5  million to join the troubled automaker as its new chief  executive in addition to an annual salary of $2 million.
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There was a collective gasp in the business world a few weeks back when Alan R. Mulally was recruited from Boeing to become FordÂs new chief executive.
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Buyout firm Cerberus Capital  Management LP  has hired Chrysler&#39;s former chief  operating officer to advise it on a possible bid for the U.S.  carmaker, the Financial Times reported on Wednesday.