DaimlerChrysler to Reduce 7.5% of its Stake in EADS April 6, 2006
German car maker DaimlerChrysler is cutting its stake in EADS, the European defense company. Read more
DaimlerChrysler having Smart rethink March 28, 2006
US-German automaker DaimlerChrylser is dropping its four passenger Smart car in order to focus its attentions on the two-seater version. Read more
DaimlerChrysler sees Smart breakeven in 2007 March 21, 2006
STUTTGART (Reuters) — DaimlerChrysler expects its ailing Smart small-car brand to break even next year, according to the carmaker’s finance chief. “We will reach the breakeven mark at Smart in 2007,” Daimler CFO Bodo Uebber told journalists. Read more
DaimlerChrysler offers executive buyout deals March 20, 2006
STUTTGART, Germany (Reuters) — DaimlerChrysler is offering senior managers buyout packages including two months’ pay for every year of service to encourage voluntary redundancies, a source familiar with the matter said on Monday. Read more
DaimlerChrysler CEO Zetsche sees inventory overhang March 16, 2006
DETROIT (Reuters) — DaimlerChrysler AG CEO Dieter Zetsche believes the Chrysler group needs to speed up targeted gains in factory productivity and quality in the face of an inventory glut and high incentive spending, the Detroit News… Read more
« newer posts