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Topic: DaimlerChrysler AG


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In the News (Fri 18 Dec 09)

  
  DaimlerChrysler shares up on stake move - Boston.com
Shares of DaimlerChrysler AG rose Wednesday while those of EADS dropped after the automaker and Lagardere SCA announced they were scaling back their stakes in the aeronautics and defense company.
FRANKFURT, Germany --Shares of DaimlerChrysler AG rose Wednesday while those of EADS dropped after the automaker and Lagardere SCA announced they were scaling back their stakes in the aeronautics and defense company.
DaimlerChrysler said it expects the sale to generate about 1 billion euros ($1.2 billion) in net income by 2007, when the sale is completed, and is selling its shares through an agreement with several international investment banks it did not identify.
www.boston.com /business/articles/2006/04/05/daimlerchrysler_shares_rise_eads_drops   (577 words)

  
 Daimler in talks with others on Bluetec - Boston.com
DaimlerChrysler AG said Wednesday that other German automakers are likely to end up using the name of its Bluetec clean diesel technology in the United States.
DaimlerChrysler officials said the branding of Bluetec would help tackle the perception in the U.S., created in the 1980s, that diesels are loud and pollute the environment.
DaimlerChrysler is developing a second version of Bluetec, expected to be used on the R-, ML- and GL-Class as early as 2008, that would be more efficient and meet emission standards in all 50 states.
www.boston.com /business/articles/2006/10/18/daimler_in_talks_with_others_on_bluetec   (625 words)

  
 DaimlerChrysler AG News
DaimlerChrysler AG News continually updated from thousands of sources around the net.
Automaker DaimlerChrysler AG, which is about to announce a downsizing of its Chrysler unit, said Wednesday its fourth-quarter earnings plunged 40 percent on weaker demand from Chrysler.
When DaimlerChrysler Chairman Dieter Zetsche, surveying Chrysler's poor performance, said Wednesday that "all options are on the table," he sent a speculative fury over the fate of the company racing through...
www.topix.net /com/dcx   (973 words)

  
 1 / EN / Company/Business News / DaimlerChrysler AG: broad technology portfolio for sustainable mobility in growth ...
DaimlerChrysler intends to participate in this growth and set a milestone in its China activities in the year 2004: Both in the car and the van business, as well as in the area of financial services, activities were pushed forward and business systems were successfully further developed to reflect market conditions.
DaimlerChrysler supports the introduction of alternative drive technologies in the biggest country in the world.
DaimlerChrysler is also working for improved fuel quality worldwide, and supports the evolution of fuels ranging from crude oil to virtually CO2-neutral fuels made from biomass.
wwwsg.daimlerchrysler.com /SD7DEV/GMS/TEMPLATES/GMS_PRESS_RELEASE/0,2941,0-1-67034-1-1-text-1-0-0-0-0-0-0-0-0-0,00.html   (1418 words)

  
 DaimlerChrysler AG | Introduction: International Directory of Company Histories
DaimlerChrysler AG—the third-largest car maker in the world—is the product of the November 1998 merger of Daimler-Benz AG of Germany and Chrysler Corporation of the United States.
DaimlerChrysler was set up as a German firm for tax and accounting purposes, and the early 2000 departures of Thomas Stallkamp, the initial head of DaimlerChrysler's U.S. operations, and Eaton (who was originally slated to remain until as late as November 2001) left Schrempp in clear command of the company.
DaimlerChrysler would hold a 30 percent stake in EADS, which would be the largest aerospace firm in Europe and the third largest in the world.
business.enotes.com /company-histories/daimlerchrysler-ag   (6857 words)

  
 DaimlerChrysler AG - Knowmore   (Site not responding. Last check: 2007-10-20)
DaimlerChrysler AG Formed by the $37 billion acquisition of Chrysler by Germany's Daimler-Benz in 1998, the company makes about 4.6 million vehicles a year.
In June 2002, DaimlerChrysler AG and General Motors Corp. won a U.S. court ruling yesterday that stalled the California board from enforcing a requirement for zero-emissions vehicles in the state until the automakers' lawsuit was decided.
DaimlerChrysler has agreed, after months of opposition, to improve the fuel efficiency of its SUVs and light trucks in order to meet or exceed the average gas mileage of its competitors' models.
www.knowmore.org /index.php/DaimlerChrysler_AG   (1978 words)

  
 Welcome to DaimlerChrysler South Africa
Stuttgart - DaimlerChrysler AG has reached an agreement with a consortium of private and public-sector investors by which it will effectively reduce its shareholding in EADS from 22.5% to 15% as planned, while maintaining the balance of voting rights between Germany and French controlling shareholders.
DaimlerChrysler has the option of dissolving the new structure on July 1, 2010 at the earliest.
DaimlerChrysler will continue to control the voting rights of the entire 22.5% package of EADS shares.
www.daimlerchrysler.co.za   (329 words)

  
 DaimlerChrysler AG buys into truck maker _Auto—China Economic Net   (Site not responding. Last check: 2007-10-20)
DaimlerChrysler will buy 297 million shares issued by Foton for 816.8 million yuan (US$104.1 million), the Chinese company said yesterday in a statement to the Shanghai Stock Exchange.
Foton said DaimlerChrysler will be its strategic overseas investor which means that the German-US automaker will hold its stake for at least three years according to government rules released in January.
Yale Zhang, director of emerging-markets vehicle forecasts for auto consultancy CSM Asia in Shanghai, yesterday said DaimlerChrysler would have to withdraw from the bus venture if it still wanted to form a truck venture with Foton as China's auto industry is unlikely to change any time soon.
en.ce.cn /Industries/Auto/200612/01/t20061201_9642666.shtml   (748 words)

  
 Corpus Christi Online - / DaimlerChrysler AG merges finance arms
DETROIT - DaimlerChrysler AG is merging its financial services into a worldwide unit that will lend money for airplanes, ships and real estate, as well as cars and trucks.
DaimlerChrysler Services AG, which the German-American automaker calls its "debis" division, has a loan portfolio of $81 billion and ambitions of rapid growth around the globe.
DaimlerChrysler stock rose $1.37 to $106.75 on the New York Stock Exchange.
www.caller2.com /autoconv/bizus99/bizus53.html   (308 words)

  
 DaimlerChrysler AG :: Focusing on the smart fortwo   (Site not responding. Last check: 2007-10-20)
STUTTGART, Germany, March 25 /PRNewswire/ -- DaimlerChrysler AG is planning to focus on the smart fortwo to ensure the long-term sustainability of its smart brand.
The measures described above are still subject to approval by both the Board of Management and the Supervisory Board of DaimlerChrysler AG.
The costs for DaimlerChrysler related to these measures are estimated to be in the magnitude of approximately 1 billion euros.
sev.prnewswire.com /auto/20060325/NYSA00125032006-1.html   (321 words)

  
 People's Daily Online -- DaimlerChrysler AG buys into truck maker   (Site not responding. Last check: 2007-10-20)
German-US auto group DaimlerChrysler AG will acquire a stake of major Chinese truck producer Beiqi Foton Motor Co, but its plan to build Mercedes-Benz trucks in China with the Shanghai-listed firm still faces obstacles.
DaimlerChrysler in 1997 formed a joint venture with Yangzhou Yaxing Motor Coach Co in Yangzhou, East China's Jiangsu Province, to produce Mercedes-Benz large-sized buses.
Other global truck makers, such as Sweden's Volvo and France's Renault, are also investing heavily in China to cash in on booming truck demand boosted by the nation's rapid economic growth and growing construction sector.
english.people.com.cn /200612/01/eng20061201_327206.html   (704 words)

  
 Chrysler to Announce Restructuring Plan, DaimlerChrysler AG to Announce Job Cuts, Restructuring Plan - CBS News
DaimlerChrysler AG to announce job cuts, restructuring plan
Thousands of Chrysler workers were waiting to learn whether they will remain part of a leaner, more competitive company Wednesday, when DaimlerChrysler AG planned to announce a major restructuring at the headquarters of its U.S. operations.
DaimlerChrysler's 2006 earnings also were to be released at the same time.
www.cbsnews.com /stories/2007/02/14/ap/business/mainD8N9FQIG0.shtml   (594 words)

  
 NASCAR.com - DaimlerChrysler AG Recognizes Winners of the 2006 Global Supplier Award - January 11, 2007
In the spirit of the 100th Annual North American International Auto Show, DaimlerChrysler AG announced today the 2006 winners of its fourth-annual "Global Supplier Award." Company officials recognized the award recipients Wednesday evening at the Detroit Fire Department's historic 1929 Firehouse, just steps away from the auto show.
"At DaimlerChrysler, the contributions of our suppliers are indispensable to our success and we applaud our 2006 Global Supplier Award Winners for their outstanding efforts last year," said Thomas W. Sidlik, DaimlerChrysler AG Board of Management Member, responsible for Global Procurement & Supply.
The four value drivers are also the specific categories of metrics the company uses to determine sourcing strategies, due to the objectivity, transparency, and fact-based methodology of the criteria.
www.nascar.com /2007/news/business/press/01/11/7695096/index.html   (649 words)

  
 DaimlerChrysler AG (DCX) Full Description | Stocks | Reuters.com
DaimlerChrysler AG (DaimlerChrysler), incorporated on May 6, 1998, is the ultimate parent company of the DaimlerChrysler Group, which is engaged in the development, manufacture, distribution and sale of a range of automotive and transportation products, primarily passenger cars and commercial vehicles.
DaimlerChrysler sells completely built-up buses under the Mercedes-Benz and Setra brands in Europe, and under the Setra and Orion brand names in the United States and Canada.
The DaimlerChrysler Bank offers financial services in Germany, which include leasing and sales financing services, and car savings plans to the Company's customers and employees, as well as credit cards and demand deposit accounts.
stocks.us.reuters.com /stocks/fullDescription.asp?symbol=DCX.N   (1425 words)

  
 Fuel Cell Today - DaimlerChrysler AG
DaimlerChrysler and Ford are in close collaboration with Ballard Power Systems, which produces fuel cell stacks and builds the fuel cell engines for automobile power-trains.
DaimlerChrysler currently has a 16.8 percent stake in Ballard Power Systems (BPS) and a 49.9 percent stake in Ballard's German subsidiary company, Ballard Power Systems AG.
The chairman of car maker DaimlerChrysler has urged the US authorities to provide better regulations to support the development of diverse alternatives to fossil fuels.
www.fuelcelltoday.com /FuelCellToday/IndustryDirectory/IndustryDirectoryExternal/IndustryDirectoryDisplayCompany/0,1664,383,00.html   (418 words)

  
 Oneshare.com
The vignette on the DaimlerChrysler Stock Certificate symbolizes the consolidation of the two distinguished auto makers, Chrysler and Daimler-Benz.
One share of DaimlerChrysler Stock is truly unique and a must for any fan of the company.
DaimlerChrysler, the world’s #3 carmaker, was formed by the $37 billion acquisition of Chrysler by German automaker Daimler-Benz in 1998.
www.oneshare.com /stock.asp?stock=chrysler   (122 words)

  
 DaimlerChrysler AG - Beginning at buick, Dodging the depression, Iacocca to the rescue
It was finalized by the end of the year, and Eaton, along with Schrempp, shared the role of chief executive officer of the newly formed DaimlerChrysler AG.
By 2001, however, it became clear that the German half of DaimlerChrysler was the dominate partner, and some analysts said that Schrempp and Zetsche ruled with iron fists.
The future of DaimlerChrysler, however, depended a lot on several factors beyond the company's control: the price of gasoline; the global, and particularly the U.S., economy; and calls from the federal government for stricter safety features, emission control, and better fuel efficiency.
www.referenceforbusiness.com /businesses/A-F/DaimlerChrysler-AG.html   (2433 words)

  
 DaimlerChrysler AG in the innovations-report
DaimlerChrysler AG DaimlerChrysler is one of the world´s leading automotive companies.
With 365,600 employees, DaimlerChrysler achieved revenues of EUR 149.6 billion ($158.8 billion*) in 2002.
DaimlerChrysler has a global workforce, a global shareholder base, globally known brands and a global outlook.
www.innovations-report.com /html/profiles/profile-33.html   (90 words)

  
 DaimlerChrysler - Home
DaimlerChrysler AG’s Chrysler Group today announced a three-year Recovery and Transformation Plan that seeks a return to profitability by 2008 while also taking steps to change its business model for the long run.
DaimlerChrysler Japan Co., Ltd. launches the top performance model in the Mercedes-Benz R-Class, the completely new vehicle category introduced last spring.
DaimlerChrysler Japan Co., Ltd. launches a new limited edition of the Mercedes-Benz B-Class to celebrate the first anniversary of its launch.
www.daimlerchrysler.co.jp /index_e.html   (354 words)

  
 PRESS RELEASE Class Action Charging DaimlerChrysler AG With Fraud Is Pending In Federal Court In Michigan, Berman ...   (Site not responding. Last check: 2007-10-20)
The lawsuit, which was filed November 30, 2000 in the United States District Court for the Eastern District of Michigan, contends that a massive fraud surrounded the largest automotive industry transaction in history, the 1998 merger of Daimler-Benz AG and Chrysler Corporation.
DaimlerChrysler is a manufacturer of motor vehicles headquartered in Stuttgart, Germany, and Auburn Hills, Michigan.
According to the complaint, the defendants repeatedly misrepresented the deal to the investing public as a "merger of equals," with Chrysler's management running U.S. operations, when the plan all along was to convert Chrysler into a division subordinate to German managers under Schrempp's control.
www.marketwire.com /mw/iwpr?id=21784&cat=au   (579 words)

  
 PRESS RELEASE NetSol Technologies Signs Global LeaseSoft Frame Contract With DaimlerChrysler Services AG   (Site not responding. Last check: 2007-10-20)
DaimlerChrysler Services AG (DCS) is a global provider of financial services and mobility management within DaimlerChrysler AG.
DCS' parent company, DaimlerChrysler, boasts a portfolio range from small cars to sports cars and luxury sedans; and from versatile vans to heavy duty trucks or comfortable coaches.
DaimlerChrysler has a global workforce and a global shareholder base.
www.marketwire.com /mw/release_html_b1?release_id=68951   (937 words)

  
 DAIMLERCHRYSLER AG - DCX Annual and Transition Report (foreign private issuer) (20-F) LIQUIDITY AND CAPITAL RESOURCES
DaimlerChrysler Services AG and Deutsche Telekom AG each hold a 45% equity interest and Cofiroute holds the remaining 10% equity interest in both the consortium (Toll Collect GbR) and the joint venture company (Toll Collect GmbH) (together "Toll Collect").
DaimlerChrysler Services and Deutsche Telekom are jointly obliged to indemnify Cofiroute for amounts exceeding this limitation.
DaimlerChrysler AG issued a guarantee up to a maximum amount of 600 million, which secures 50% of the outstanding principal amount under bank loans obtained by the consortium.
sec.edgar-online.com /2005/02/28/0001047469-05-004930/Section6.asp   (10168 words)

  
 DaimlerChrysler AG Receives Approval to Produce Mercedes-Benz Passenger Cars and Vans in China   (Site not responding. Last check: 2007-10-20)
DaimlerChrysler AG received approval of feasibility-plans to produce Mercedes-Benz passenger cars and vans in China through two new joint ventures.
The CEB is comprised of representatives from the DaimlerChrysler business units in China, as well as the sales organizations, and the financial services unit.
DaimlerChrysler is investing EUR 1.2 billion in China for its ongoing and future projects to realize Mercedes-Benz passenger car and van production, relocate Beijing Jeep Corporation and realize the production of heavy-duty and medium-duty trucks.
www.worldcarfans.com /news.cfm?newsid=2041102.003&mercedes=1.html/country/gcf   (711 words)

  
 DaimlerChrysler AG Stock Report (DCX) | Quote & News
DaimlerChrysler AG Reports One Percent Decrease in U.S. Sales for Passenger Vehicles for December 2006 (PRN)
DaimlerChrysler has a sizable finance arm and, through Mercedes-Benz and Freightliner, is the world's largest producer of commercial vehicles.
The firm was formed in the 1998 merger of Daimler-Benz AG and Chrysler.
quote.morningstar.com /Switch.html?ticker=DCX   (290 words)

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