Unlike rivals, Chrysler turns profit in sales
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The Auburn Hills-based Chrysler Group did something crosstown rivals General Motors Corp. and Ford Motor Co. could not do during the third quarter of the year: It made money selling cars and trucks.
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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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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 first   thought.
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Auto sales soared 10% in September, led by a 25% surge at General Motors and increases for Chrysler and Toyota. GM had its biggest gain in two years after boosting rebates.
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German-US car giant DaimlerChrysler said that it was able to lift overall vehicle sales last year, thanks to the strong performance of its Chrysler and Smart cars, while sales of its prestigious Mercedes brand declined.
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Ford Motor Co.  and Daimler  Chrysler AG (DCXGn.DE) on Monday reported lower June sales,  citing high gasoline prices and slower sales of trucks and  sport utility vehicles, signaling a weak start to the summer  season.
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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 first  thought.
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Daimler posted its first quarterly loss since 2003, with charges of $3.7 billion from the sale of Chrysler, but analysts cheered big gains by its Mercedes-Benz Car Group.
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DETROIT -- Ford Motor Co. said Friday its U.S. vehicle sales fell 6.9 percent last month as the automaker continued to cut low-profit sales to rental companies, while Nissan Motor Co.'s sales gained 7.4 percent and DaimlerChrysler AG's sales rose 3.9 percent with help from a 20 percent jump in its...
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Ford Motor Co.  on Wednesday reported its sixth straight month of weaker vehicle sales, prompting the second-largest U.S. automaker to further cut production of cars and trucks, while Chrysler posted another sales gain.
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GM and Ford sales fell in October as the two largest automakers cut incentives. Sales rose at Chrysler and Toyota, helped by new models.
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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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DaimlerChrysler&#39;s third-quarter operating profit rose 7 percent, just below analyst expectations, as gains at US arm Chrysler helped offset weaker earnings at premium automaker Mercedes.
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The nation's two biggest automakers, General Motors Corp. and Ford Motor Co. , reported soft sales in January while DaimlerChrysler AG's Chrysler Group and Japan's Toyota and Nissan reported healthy gains in their US sales.
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Automaker DaimlerChrysler AG lowered its 2006 operating profit forecast Friday, saying its Chrysler Group expects a $1.52 billion loss in the third quarter, more than double the amount anticipated.
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Chrysler LLC said on Tuesday its U.S.  sales fell 6 percent in August as the automaker cut back on  sales to daily rental companies.
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Pricing and premium product sales propel the tire maker to higher profits.