DaimlerChrysler
Mercedes Car Group sales are down 1.3 pct.
July 06, 2007The German-American automaker DaimlerChrysler, which is in the process of selling its Chrysler unit to private equity firm Cerberus Capital Management, announced that overall sales by its Mercedes Car Group, including the famous Mercedes-Benz brand and...
DaimlerChrysler delays full Q2 results to Aug 29
July 03, 2007The world's fifth-biggest carmaker, DaimlerChrysler said it will postpone until August 29 its full second-quarter results, which were originally due on July 26. The company cited the complexity arising from its sale of a majority stake in U.S. arm Chrysler...
Daimler optimistic on outlook without Chrysler
June 25, 2007The 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...
DaimlerChrysler considers increasing truck production in Eastern Europe
June 21, 2007DaimlerChrysler is considering a project to build a truck manufacturing plant in Eastern Europe due to the strong demand in the region. The company will have to invest more than E100 million to build the facility which’s annual production will consist...
Thomas Sidlik retires from DaimlerChrysler
June 20, 2007DaimlerChrysler AG has announced the retirement of Thomas Sidlik, chief of global purchasing and supply that becomes effective at the closing of the takeover of the Chrysler Group by Cerberus Capital Management in the third quarter. In the future...
Thomas Sidlik retires from DaimlerChrysler
June 19, 2007DaimlerChrysler AG has announced the retirement of Thomas Sidlik, chief of global purchasing and supply that becomes effective at the closing of the takeover of the Chrysler Group by Cerberus Capital Management in the third quarter. In the future...
DaimlerChrysler recalls 1,443 sedans in China
June 11, 2007German luxury car maker DaimlerChrysler A.G. is recalling 1,443 Chrysler 300C sedans made in China between March 21 and May 29, to fix defective transmission cooling systems, states the General Administration of Quality Supervision, Inspection and Quarantine...
DaimlerChrysler raises profit target for Mercedes group
June 11, 2007DaimlerChrysler plans to strongly raise the Mercedes group (including the Smart and Maybach brands) profit margin target from 7 percent this year, Chief Financial Officer Bodo Uebber said Thursday at an investment conference. Due to the increased...
DaimlerChrysler is not planning to manufacture trucks in India
June 11, 2007A DaimlerChrysler spokesman denied the information published in The Mint according to which the company plans to manufacture trucks in India, declaring to Reuters that there are no plans to assemble trucks, and that for now Daimler is importing Actros...