DaimlerChrysler plans up to $10 billion share buyback
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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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DaimlerChrysler AG (DCXGn.DE) is  advancing plans to sell or spin off Chrysler Group, its  struggling U.S. unit, and has already received "several  expressions of interest from around the world," the Wall Street  Journal reported on its Web site on Sunday.
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MEXICO CITY Auto maker DaimlerChrysler today announced it will invest 210 (M) million dollars to update an assembly plant in Coahuila, Mexico.
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Wal-Mart Stores Inc. is launching a new share repurchase plan in which it will buy back $10 billion of company shares. The plan replaces a previous plan in which the company was buying back $7 billion worth of shares.
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DaimlerChrysler  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 AG , the world's fifth-biggest carmaker, forecast on Tuesday rising profitability through 2009.
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DaimlerChryslerâs American subsidiary could attract many suitors, including private equity firms and overseas manufacturers looking for a North American ally, analysts said.
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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 .
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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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BERLIN/STUTTGART/FRANKFURT  - DaimlerChrysler  could announce the transfer of shares in European aerospace group EADS   to a financial consortium as soon as Friday, industry sources said.
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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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It's back to the future and back to the dealer for 10 million GM cars.
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DaimlerChrysler (DCXGn.DE)   shareholder DWS has called on the carmaker's management to  consider a spin-off of the firm's ailing U.S. Chrysler unit as  an option as it gets ready to unveil its latest restructuring  plan for Chrysler, a German newspaper reported.
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By Kyodo News International, Tokyo  Feb. 26--TOKYO -- DaimlerChrysler AG is weighing taking a minority stake  in General Motors Corp.
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DaimlerChrysler, the world's second-largest maker of luxury cars, announced a record stock buyback and raised its profit forecast on higher Mercedes-Benz earnings and lower costs from the sale of Chrysler.
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Auto giant DaimlerChrysler AG  (DCXGn.DE) is in detailed discussions with China's Chery  Automobile to make cars for sale in the United States and other  markets and could finalize the deal soon, sources said on  Friday.
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General Motors is in talks to buy DaimlerChrysler AG's struggling Chrysler group in its entirety, according to several reports.