Road show planned to raise funds in Chrysler deal: WSJ
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Investment banks helping Cerberus  Capital Management LP finance its buyout of Chrysler, the U.S.  arm of automaker DaimlerChrysler (DCXGn.DE), will launch a road  show in the next week to raise funds for the deal, according to  a report in the Wall Street Journal, citing a source familiar  with the matter.
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The three big Detroit automakers will seek unprecedented concessions from the United Auto Workers union (UAW) in contract negotiations, The Wall Street Journal reported in its online edition on Thursday, citing auto executives.
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Ford Motor Co. , General Motors Corp. , and DaimlerChrysler AG's Chrysler unit can boost annual profit by as much as a combined $2 billion by raising the fuel economy of their vehicles, according to a study released yesterday.
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Chrysler LLC has proposed shedding  non-core assets in contract talks with the United Auto Workers,  the Wall Street Journal reported in its online edition.
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DaimlerChrysler   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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Chrysler LLC has a realistic business plan in place and hopes to avoid future buyouts or other downsizing because of U.S. economic woes, the company's president said on Tuesday.
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Shares in DaimlerChrysler (DCXGn.DE)  extended last week's rally to touch their highest level since  August 2001 on Monday amid continued speculation it could sell  or spin off loss-making U.S. arm Chrysler.
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Chrysler LLC said on Monday it is offering buyouts of up to $100,000 each to hourly workers at 12 of its Detroit-area facilities as part of its November plan to eliminate up to 10,000 unionized jobs.
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DaimlerChrysler AG (DCXGn.DE) is  considering taking a minority stake in General Motors Corp.   as payment for Chrysler if a deal between the two  automakers takes place, the Financial Times said on Monday.
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The United Auto Workers union is open to establishing a trust fund for retiree health-care benefits if it can reach an agreement with the U.S. automakers on funding terms, the Detroit News reported on Tuesday, citing sources close to this summer's labor contract negotiations.
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Chrysler Group is set to join its Detroit-based rivals in the breakdown lane of the nation's auto industry, just a year after it was racing past those competitors in most measures of success.
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The three big Detroit automakers will seek unprecedented concessions from the United Auto Workers union in contract negotiations, The Wall Street Journal reported in its online edition on Thursday, citing auto executives.
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The pace of activity around a possible sale of DaimlerChrysler AG'S  Chrysler Group is accelerating, after several potential buyers met with management before presenting preliminary offers by the end of the month, The Wall Street Journal reported.
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Chrysler Group, a unit of  DaimlerChrysler AG (DCXGn.DE), will roll out a new program of  discounted vehicle pricing in July in a move intended to clear  an overhang of unsold 2006 models, the company said on  Wednesday.
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Chryslerâs deal with the Chinese automaker, Chery, is the first attempt by a U.S. automaker to use China as a manufacturing base for world markets.
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DaimlerChrysler  unveils its latest restructuring plan for ailing U.S. arm Chrysler on Wednesday, almost six years to the day after its first try at shoring up profits from across the Atlantic.
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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.