DaimlerChrysler CEO sees good years ahead: paper
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DaimlerChrysler (DCXGn.DE) is looking  towards a rosy future after the sale of its U.S. arm Chrysler,  the car maker&#39;s chief executive told a German newspaper.
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DaimlerChrysler AG , the world's fifth-biggest carmaker, forecast on Tuesday rising profitability through 2009.
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German-US auto giant DaimlerChrysler no longer rules out the sale of its loss-making US subsidiary Chrysler and may present a plan at its annual earnings news conference later, newspapers have reported.
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General Motors Corp.  Chief  Executive Rick Wagoner said he does not expect a consolidation  in the U.S. auto industry in the near term despite the intense  pressures from fierce competition and excess production  capacity, The Wall Street Journal reported.
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The head of Smart cars has denied speculation that parent company DaimlerChrysler may sell or even close the loss-making subsidiary.
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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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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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Juergen Schrempp, the former head of DaimlerChrysler who masterminded the tie-up of the German and US auto makers nine years ago, stands to pocket up to 100 million euros (134 million dollars) from the break-up of the group, a newspaper reported on Monday.
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General Motors Corp.  Chief Executive Rick Wagoner said he does not expect a consolidation in the U.S. auto industry in the near term despite the intense pressures from fierce competition and excess production capacity, The Wall Street Journal reported.
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DaimlerChrysler will spend up to 7.5 billion euros ($10.20 billion) to buy back nearly 10 percent of its shares, the carmaker said after reporting quarterly profit in line with market expectations.
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DaimlerChrysler's (DCXGn.DE)  market-leading trucks business will make an operating profit  this year despite a sharp U.S. market contraction, division  head Andreas Renschler told reporters on Friday.
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Shares in DaimlerChrysler  extended last week's rally to touch their highest level since August 2001 on Monday amid continued speculation it could sell or spin off loss-making U.S. arm Chrysler.
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The top executive at General Motors Corp  said on Sunday that the woes of the U.S. economy were a concern to the automaker, but predicted that the second half of 2008 would be better than the first half.
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Speaking in Geneva, the chief executive of DaimlerChrysler said the all options were open for the Chrysler Groupâs financing arm.
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DaimlerChrysler AG Chief Executive Dieter Zetsche said Tuesday he is confident the plan to re-energize Chrysler will work, but reiterated that all options were still open for the unprofitable U.S. division.
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STUTTGART, Germany  - DaimlerChrysler's  market-leading trucks business will make an operating profit this year despite a sharp U.S. market contraction, division head Andreas Renschler told reporters on Friday.
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Ford Motor Co.  is on  track to meet its goal of making its North American auto  business profitable by 2008 and remains committed to that  target, a senior executive said on Wednesday.