Chrysler exec backs plan, hopes to avoid new cuts
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Chrysler LLC has a realistic business plan in place and hopes to avoid future buyouts or other downsizing because of U.S. economic woes, the company's president said on Tuesday.
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Chrysler Group plans to cut 1,000 salaried jobs by the end of June, the first action under a previously announced turnaround plan that targets a total of 13,000 job cuts, the automaker said on Friday.
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Automaker Chrysler Group announced plans Wednesday to cut 13,000 jobs through 2009 as it attempts to stem rising losses.
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Chrysler LLC has proposed shedding  non-core assets in contract talks with the United Auto Workers,  the Wall Street Journal reported in its online edition.
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Car makers are embracing fuel-efficient vehicles and bringing a new perspective to energy challenges, the chairman of the firm that bought an 80 percent stake in Chrysler said Wednesday.
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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 -- A top Ford Motor Co. executive defended the company's revised turnaround plan against criticism that it did not go far enough, saying yesterday that moving any faster would end up costing the automaker more.
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A major Chrysler Group retailer expects the struggling No. 4 U.S. automaker to maintain its share of the pickup truck market this year by offering generous discounts in the face of tough competition.
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DaimlerChryslerâs willingness to cut loose its Chrysler Group is drawing cheers from investors but Wall Street analysts were skeptical of an outright sale of Chrysler to G.M.
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Business & money: Owner outlines his strategy to revive label in face of growing opposition to plans to cut up to 2,000 jobs
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DaimlerChrysler AG (DCXGn.DE) 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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The chief executive of DaimlerChrysler , Dieter Zetsche, said it would be difficult to break up Chrysler, as analysts and other experts have speculated recently, due to an integrated production system that binds together its various brands, The New York Times said.
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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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General Motors Corp. Chief Executive Rick   Wagoner said he was open to an alliance with Renault and Nissan   Motor Co Ltd but the U.S. carmaker's own restructuring plan was   what will save it.
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Robert L. Nardelli, Chryslerâs new chief who earlier ran Home Depot, spoke about the auto industry in a way that suggested he was still in a home-improvement state of mind.
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DETROIT/FRANKFURT  - DaimlerChrysler said on Wednesday it would cut 13,000 jobs at its Chrysler operation in North America and indicated it could sell or spin off the money-losing unit, which would unwind a troubled 9-year-old merger between Chrysler and Mercedes.
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By Kyodo News International, Tokyo  Mar. 6--GENEVA -- Toyota Motor Corp. President Katsuaki Watanabe on  Monday denied that his company has plans to buy out DaimlerChrysler AG's  Chrysler division.