Daimler revamps supervisory board due to Chrysler
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Daimler AG  has named former Nokia  executive Sari Baldauf and BASF  Chief Executive Juergen Hambrecht as members of its supervisory board, the carmaker said on Friday.
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Federal safety regulators have asked Daimler Chrysler AG to recall 600,000 vehicles, because their wheels could fall off. The vehicles in question are 2000 through 2003 Dodge Durango SUV&#39;s and Dakota pick-up trucks.
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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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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.
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Flush with cash after selling Chrysler, DaimlerChrysler  will spend up to 7.5 billion euros ($10.20 billion) to buy back nearly 10 percent of its shares over the next year, the carmaker said on Wednesday.
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SOUTHFIELD, Mich. -- DaimlerChrysler AG is discussing the sale of its money-losing Chrysler unit to General Motors Corp. as one of the options under consideration by the two automakers, people with knowledge of the talks said.
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German-US auto giant DaimlerChrysler has said that growth of overall group earnings last year was capped by heavy losses at the US subsidiary Chrysler.
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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, a source familiar with the matter said on Wednesday.
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Christian Streiff, new chief executive of French carmaker PSA Peugeot Citroen, took command of the group and immediately announced a shake-up of the management structure, the company announced.
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Chrysler Group, a unit of  DaimlerChrysler AG (DCXGn.DE), will roll out a new program of  discounted vehicle pricing in July in a move intended to clear  an overhang of unsold 2006 models, the company said on  Wednesday.
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Ford Motor Co. announced on Thursday a shake-up of its top management intended to streamline vehicle development efforts and bring Chief Executive Alan Mulally closer to key operations.
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DaimlerChrysler (DCXGn.DE)   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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DETROIT, United States  - Under pressure from US regulators, DaimlerChrysler&#39;s Chrysler Group said it would recall more than half a million trucks over ball joint defects that can cause the wheels of the vehicle to separate from the body.
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STUTTGART, Germany  - DaimlerChrysler's DCXGn.DE   U.S. arm Chrysler will cut its production by around 90,000   units in the third quarter and around 135,000 in the second   half to try to reduce a glut of inventory, the company said on   Tuesday.
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DETROIT/FRANKFURT  - DaimlerChrysler said on Wednesday it would cut 13,000 jobs at its Chrysler operations in North America, and raised the prospect that it could even part ways with the loss-making business.
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Chrysler dealers, meeting as a  group for the first time with the struggling automaker's new  management team, on Sunday expressed support for a newly  unveiled plan to shrink Chrysler's retail network and  streamline its product line-up.
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FRANKFURT Joseph Ackermann, the Deutsche Bank chief executive, announced a much-anticipated personnel shake-up Tuesday aimed at solidifying leadership in its profitable investment banking business and restoring confidence in its commitment to Germany, the