Chrysler to cut 13,000 jobs, keep options open
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AUBURN HILLS, Michigan  - Chrysler Group, the struggling U.S. arm of DaimlerChrysler AG, on Wednesday said it would cut 13,000 jobs or 16 percent of its work force in a bid to return to profitability by 2008.
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Nissan is in talks with Chrysler on a possible manufacturing agreement.
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DaimlerChrysler's plan to cut 13,000 jobs has been greeted with shrugs of resignation by autoworkers who found the news far too familiar.
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DaimlerChrysler AG  will not auction off loss-making U.S. division Chrysler and could decide to keep the business at the end of a strategic review, Chief Executive Dieter Zetsche told a German paper.
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DaimlerChrysler  dropped its long-standing commitment to Chrysler on Wednesday and said it was prepared to review all its options, including finding new partners for its loss-making U.S. arm.
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DETROIT -- DaimlerChrysler AG's Chrysler Group will cut deliveries to dealers by 90,000 vehicles, or nearly 24 percent, in the third quarter, as falling sales of trucks and SUVs have left it with bloated inventories, DaimlerChrysler Chairman Dieter Zetsche said Tuesday.
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NEW YORK/DETROIT  - General Motors Corp.  is in preliminary talks to buy Chrysler, a source familiar with the situation said on Friday.
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DaimlerChrysler  will consider a wide range of strategic options for its loss-making U.S. arm Chrysler Group, the world's fifth-biggest carmaker said in a statement on Wednesday.
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DaimlerChrysler DCXGn.DE cut its   2006 operating profit forecast by around 1 billion euros ($1.27   billion) on Friday and predicted U.S. arm Chrysler could lose   1.2 billion euros in the third quarter, much worse than it had   first thought.
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SBC Communications Inc. expects to eliminate about 13,000 jobs after its $16 billion acquisition of AT&amp;T Corp. closes, but the phone company said yesterday that many positions can be cut through attrition.
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U.S. automaker Chrysler LLC aims to cut its product lineup sharply and shrink its dealership network to sell its three brands under one roof as part of its corporate restructuring, the company said on Friday.
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Chryslerâs chief executive indicated it might be weeks or months before the automakerâs future can be determined.
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DETROIT/FRANKFURT  - DaimlerChrysler announced 13,000 job cuts at Chrysler on Wednesday and may part ways with its loss-making North-American arm, which would unwind a 1998 mega merger creating the world's fifth-biggest car maker.
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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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German-US auto giant DaimlerChrysler has said it planned to axe 13,000 jobs at its loss-making Chrysler subsidiary as part of a broad restructuring plan aimed at returning the US unit to profitability by 2009.
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General Motors, the biggest car maker, said it has started negotiations with unions to cut jobs in Europe. Car giant is going to cut as much as 12,000 jobs in its Europe unit that suffered losses recently.
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U.S. automaker Chrysler LLC aims to cut  its product lineup sharply and shrink its dealership network to  sell its three brands under one roof as part of its corporate  restructuring, the company said on Friday.