Chrysler revamp details to eclipse Daimler results
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DaimlerChrysler  unveils its latest restructuring plan for ailing U.S. arm Chrysler on Wednesday, almost six years to the day after its first try at shoring up profits from across the Atlantic.
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Fourth-quarter operating profit at DaimlerChrysler rose to 1.877 billion euros ($2.45 billion) despite an operating loss at U.S. arm Chrysler, the world's fifth-biggest carmaker said on Wednesday.
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SINDELFINGEN, Germany  - DaimlerChrysler reported  fourth-quarter results which fell far short of expectations on  Thursday, hit by a collapse in profits at the Mercedes Car  Group luxury division.
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AUBURN HILLS, Mich.  - DaimlerChrysler's Chrysler  division said on Thursday it will include its anti-rollover  technology as standard equipment on all of its sport utility  vehicles in 2006.
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Investment banks helping Cerberus  Capital Management LP finance its buyout of Chrysler, the U.S.  arm of automaker DaimlerChrysler (DCXGn.DE), will launch a road  show in the next week to raise funds for the deal, according to  a report in the Wall Street Journal, citing a source familiar  with the matter.
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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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A detailed sales prospectus for Chrysler Group will be ready for potential buyers of the automaker soon, a source close to the process told Reuters on Friday.
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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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Flush with cash after selling Chrysler, DaimlerChrysler  will spend up to 7.5 billion euros ($10.20 billion) to buy back nearly 10 percent of its shares over the next year, the carmaker said on Wednesday.
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German-US auto giant DaimlerChrysler has slashed its full-year earnings forecasts on the back of anticipated losses at Chrysler -- its struggling US arm.
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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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DaimlerChrysler DCXGn.DE will not   make any management changes over last week's profit warning at   U.S. arm Chrysler, which is not up for sale, Chief Executive   Dieter Zetsche told a German newspaper.
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DaimlerChrysler AG's (DCXGn.DE)  Chrysler Group plans to cut more than 10,000 factory jobs and  close at least two plants to return the U.S-based unit to  profitability, the Detroit News said on Monday.
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Mounting losses at U.S. arm Chrysler   forced DaimlerChrysler DCXGn.DE to cut its 2006 operating   profit forecast by around 1 billion euros ($1.27 billion) on   Friday, sending its shares skidding lower.
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DaimlerChrysler's (DCXGn.DE)  U.S. arm Chrysler will cut its production by around 90,000  units in the third quarter and around 135,000 in the second  half to try to reduce a glut of inventory, the company said on  Tuesday.
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Automaker Chrysler LLC aims to cut its product lineup by around a half and dramatically shrink its dealership network so it can sell its three brands under one roof, the Wall Street Journal reported on Friday, citing people familiar with the plan.
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A detailed sales prospectus for Chrysler Group bidders should be completed soon, according to two sources close to the process, the first step toward a potential sale that would unwind the 1998 merger that created DaimlerChrysler AG .