DaimlerChrysler sells Hyundai stake
179736
German-U.S. automaker DaimlerChrysler AG said Monday it has sold its 10.5 percent stake in South Korea's Hyundai Motors Co., a move that it expects will raise more than $900 million.
293155
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.
681654
FRANKFURT, Germany (International Herald-Tribune) - Automaker Daimler AG, which sold off most of its stake in Chrysler this year, posted a loss of $2.18 billion for the third quarter on Thursday, largely because of write-offs related to the undoing of its merger with Chrysler. Analysts had expected a loss, given the Chrysler sale.  Excluding the one-time charges, the company said it would have posted profits of 1.1 billion euros ($1.57 billion).  Shares of Daimler rose 1.4 percent to 75.37 euros ($107.25) in Frankfurt.
718637
Billionaire Kirk Kerkorian's Tracinda Corp. investment firm said on Wednesday it had sold $462 million of stock in General Motors Corp. , cutting its stake in the automaker to 7.4 percent from 9.9 percent.
270350
Hyundai Motor Co., South Korea's largest automaker, said Friday its net profit rose 2 percent last year on a 10 percent increase in sales.
287459
DaimlerChrysler AG posted a $1.18 billion profit for the third quarter as sales climbed 2 percent to $43.1 billion. However, the German-American automaker also disclosed that the Mercedes-Benz Group faces tough sledding in months to come.
618490
Perhaps it isn&#39;t quite as surprising as if Ford Motor Co. suddenly decided to sell the Mustang sports car brand to Hyundai Corp.
193056
Automaker DaimlerChrysler AG said Wednesday it has signed a contract with Japan&#39;s Mitsubishi Motors Corp. in which the two companies renewed their commitment to joint production and development projects.
696961
Hyundai Motor Co , South Korea's top auto maker, said on Thursday its quarterly operating profit more than doubled, fuelled by higher sales and a softer won.
401713
Hyundai Motor Co , South Korea's top auto maker, posted a better-than-expected 45 percent rise in quarterly profit Thursday, helped by higher productivity due to better union relations and improved domestic sales.
249456
Mitsubishi Motors Corp. shareholders approved a move Wednesday that was needed to accept new cash into the scandal-plagued Japanese automaker after DaimlerChrysler AG of Germany decided to withdraw further support.
568387
Comeback automaker Hyundai has scored big in yet another survey, this one measuring which vehicle brand provides the best value according to owners.
271577
DaimlerChrysler AG, the world's largest truckmaker, and competitors are increasing sales as European transport companies including Ryder System Inc and Vos Logistics Nederland BV replace vehicles and add to ...
541594
South Korean carmaker Hyundai says it has signed a $400m deal to build a car plant in north-west Russia.
39050
FRANKFURT/DETROIT  - DaimlerChrysler AG  shares rose more than 4 percent to their highest level since August 2001 on Monday amid continued speculation it could sell or spin off loss-making U.S. arm Chrysler.
656806
DaimlerChrysler  has placed a 7.5 percent stake in EADS  with a public-private consortium in a 1.5-billion-euro ($1.95-billion) deal that maintains the Franco-German balance of power at the aerospace group.
325364
SEOUL - Hyundai Motor Co, South Korea&#39;s largest carmaker, said Wednesday it will build a commercial vehicle joint venture in China by 2010.