Chrysler revs past GM, Ford
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Unlike its rivals, the automaker makes a profit selling cars and gains US market share. By Brett Clanton / The Detroit News. Chrysler&#39;s ongoing recovery got another boost Thursday as the automaker reported
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DETROIT Ford Motor exceeded Wall Street&#39;s expectations in its third-quarter earnings report on Tuesday, but it lost money in its core business - making cars and trucks - for the second straight quarter.
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DaimlerChrysler raised the prospect of parting company with its loss-making U.S. Chrysler arm on Wednesday, a move which could unwind a blockbusting 1998 merger creating the world's No. 5 car maker.
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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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The pace of activity around a possible  sale of DaimlerChrysler AG&#39;S (DCXGn.DE) Chrysler Group is  accelerating, after several potential buyers met with  management before presenting preliminary offers by the end of  the month, The Wall Street Journal reported.
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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.
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LONDON/GENEVA  - Private equity investors closed in on Chrysler on Tuesday as rival automakers at the Geneva car show displayed scant interest in DaimlerChrysler's  loss-making U.S. division.
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DaimlerChrysler's (DCXGn.DE) third-quarter operating profit rose 7 percent, just below analyst expectations, as gains at U.S. arm Chrysler helped offset weaker earnings at premium carmaker Mercedes.
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It seems that the players in the Chrysler Championship all have different goals.
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Chrysler LLC on Friday called recent media reports about its financial picture inaccurate, saying the auto maker is exceeding most financial targets heading into 2008.
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DETROIT - General Motors Corp. and Ford Motor Co...
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DaimlerChrysler's DCXGn.DE  third-quarter operating profit rose 7 percent, just below  analyst expectations, as gains at U.S. arm Chrysler helped  offset weaker earnings at premium carmaker Mercedes.
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The board of DaimlerChrysler said it had approved an alliance of its Chrysler Group unit and the Chery Automobile Company of China aimed at the market for smaller cars. Under the deal, which would not include an equity investment, Chery would build vehicles under Chryslerâs brand names for sale in the United States and Europe, DaimlerChrysler said. Chrysler reached its deal with Chery at the end of December.
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The disclosure that DaimlerChrysler might sell or spin off its Chrysler unit has put the spring back into its stock.
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Automaking giant DaimlerChrysler AG said Thursday it earned nearly $1.2 billion US in the third quarter on good performances from its financial services division and its US Chrysler arm, rebounding from a big loss a year ago when it had a
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Ford under Alan Mulally is better off than Chrysler was in 1979, but Chrysler had Lee Iacocca.
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Shares of DaimlerChrysler climbed yesterday after media reports that General Motors was in talks to buy the German firm's Chrysler division.