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Daimler optimistic on outlook without Chrysler

June 25, 2007
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The German-US auto giant DaimlerChrysler is confident the next few years will be positive with the sale of its loss-making US arm, Chrysler, to US private equity group Cerberus for 5.5 billion euros (7.4 billion dollars), said chief executive Dieter Zetsche in a newspaper interview published today.

"I'm sure we're going to develop and we'll issue a statement on that this year. The next few years are going to be good. Now the company has a very good perspective for the future," Zetsche told the Berlin-based regional daily Tagesspiegel.

The car maker will be renamed Daimler before the end of the year and is planning to launch a small sports utility vehicle (SUV) and the new E-Series models in the near future.

"We're not planning on a new product offensive with brand new cars. We're focusing on getting better with the successors to our individual models," the CEO said.