DaimlerChrysler mum on payout plans
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DaimlerChrysler  left investors guessing about plans to return excess cash to shareholders as the German carmaker reported second-quarter operating profits on Wednesday in line with market expectations.
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DaimlerChrysler  may communicate its future strategy for its loss-making U.S. arm only in weeks or months, the world's fifth-biggest carmaker said on Thursday.
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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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Business & money: Â· Angry shareholders fail to block remuneration policy Â· Â£20m cap on individual rewards is removed
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Automaking giant DaimlerChrysler AG said Thursday it earned 951 million euros ($1.18 billion) in the third quarter on good performances from its financial services division and its U.S. Chrysler arm, rebounding from a 1.7 billion euro loss a year ago when it had a large one-time write-off.
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German-US auto giant DaimlerChrysler will decide this year what to do with its loss-making Chrysler subsidiary.
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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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DaimlerChrysler AG Chief Executive Dieter  Zetsche said on Wednesday the German-U.S. auto maker was  sticking to its forecast for an operating profit of more than 6  billion euros for 2006 despite sales difficulties at its U.S.  Chrysler division.
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FRANKFURT/TOKYO: DaimlerChrysler AG insisted yesterday that Mitsubishi Motors Corp remained a key Asian ally, even while the scandal-hit Japanese carmaker reported a 52 per cent drop in domestic sales in July.
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DaimlerChrysler's plan to cut 13,000 jobs was greeted with shrugs of resignation by autoworkers who found the news far too familiar.
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The German-US auto giant DaimlerChrysler posted weaker second quarter earnings on Wednesday but raised its full-year profit forecast thanks to a cash injection from its sale of shares in the aerospace group EADS.
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DaimlerChrysler DCXGn.DE still   hopes to win cost-saving concessions on healthcare from its   unionized U.S. workforce despite resistance from the United   Auto Workers union, its U.S. arm Chrysler said on Friday.
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Automaker DaimlerChrysler AG said Friday it will charge 400 million euros (&#36;492 million) against earnings in the third quarter to cover the cost of recalls and past quality problems at Japanese truckmaker Mitsubishi Fuso Truck and Bus Corp, which is 65 percent owned by DaimlerChrysler.
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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.
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The automaker said today that it had received several opening bids for Jaguar and Land Rover but had made no decisions on the fate of the two British brands.
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DaimlerChrysler (DCXGn.DE) may  communicate its future strategy for loss-making U.S. arm only  in weeks or months, the world's fifth-biggest carmaker said on  Thursday.
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DaimlerChrysler's announcement that its troubled U.S. division could be put up for sale made the past week a busy one for private-equity firms.