DaimlerChrysler

Indian Authorities Approve Joint Venture between Daimler Trucks and the Hero Group

harminka — Sun, 30 Mar 2008 12:34:02 -0500

The Indian government's Foreign Investment Promotion Board (FIPB) and the Cabinet Committee on Economic Affairs (CCEA) have both approved the establishment of the Daimler Hero Motors Corporation Ltd. joint venture by Daimler Trucks and the Indian company Hero Group in the first quarter of 2008.

Deutsche Post World Net and Daimler AG

harminka — Fri, 01 Feb 2008 13:08:31 -0600

Deutsche Post World Net is the first logistics company in Europe to trial hybrid trucks in its operations. The go-ahead for the largest fleet test in the company’s history was given on January 29, 2008 during the World Mobility Forum in Stuttgart.

Mercedes-Benz Cars Posts Best Sales Year in Company’s History

harminka — Wed, 16 Jan 2008 02:23:36 -0600

In 2007 the Mercedes-Benz Cars division increased sales of Mercedes-Benz, AMG, Maybach, and smart passenger vehicles worldwide, with sales totaling 1,285,900 vehicles (2006: 1,260,600 units). With this two percent growth, the division set a new sales record.

Chrysler and nissan Confirm OEM product Agreement

harminka — Fri, 11 Jan 2008 15:05:59 -0600

Chrysler LLC and Nissan Motor Co., Ltd., today announced an agreement for Nissan to supply Chrysler with a new car for limited distribution in South America. Based on the Nissan Versa sedan, the new car will be supplied to Chrysler on an Original Equipment Manufacture (OEM) basis in 2009.

Extraordinary Shareholders' Meeting to Decide on Renaming as Daimler AG

harminka — Thu, 04 Oct 2007 14:21:18 -0500

The Board of Management and the Supervisory Board of DaimlerChrysler AG will today recommend to the Extraordinary Shareholders' Meeting that the name of the Group be changed to Daimler AG following the disposal of 80.1% of its stake in Chrysler Holding LLC.

Asia to become market for DaimlerChrysler’s Smart fortwo

Dinka — Wed, 12 Sep 2007 10:58:04 -0500

Asia could be a new market for DaimlerChrysler’s Smart fortwo, a two-seat city car that is a common sight in Europe and is headed to the United States next year.

DaimlerChrysler Approves Share Buyback Program of up to EUR 7.5 Billion within One Year

harminka — Thu, 30 Aug 2007 09:43:23 -0500

DaimlerChrysler (stock-exchange abbreviation DAI) today decided on a share buyback program. In exercise of the authorization granted by the Annual Meeting of April 4, 2007, the Board of Management and the Supervisory Board approved a program for the company to acquire its own shares.

DaimlerChrysler Achieves Group EBIT of EUR 2.1 Billion in Second Quarter of 2007

harminka — Thu, 30 Aug 2007 09:13:45 -0500

DaimlerChrysler (stock-exchange abbreviation DAI) today publishes its interim report on the second quarter of 2007 as well as Q2 results for the Group, the Financial Services division (excluding Chrysler Financial NAFTA) and the discontinued operations of the Chrysler Group and Chrysler Financial (NAFTA).

DaimlerChrysler to work with Fiat's powertrain unit

Dinka — Tue, 19 Jun 2007 10:30:45 -0500

Vehicle makers DaimlerChrysler AG and Fiat SpA said Tuesday they signed an agreement calling for strategic cooperation to provide the German-American automaker's truck group with engine and powertrain technology from Italy.

Chrysler Group Boosts Michigan Economy with $1.78 Billion Investment

Nymphadora — Sat, 21 Apr 2007 07:53:55 -0500

Chrysler Group announced today that it will boost the Michigan economy with an investment of $1.78 billion, much of it to start a multi-product "Powertrain Offensive."Â

Virtual Humans Could Help Mitigate Crash-Induced Injuries

Nymphadora — Mon, 16 Apr 2007 12:27:20 -0500

In the near future, computer models that represent human beings in minute detail could help determine from head to toe what injuries are likely to result from a vehicle crash

Kirk Kerkorian offers $4.5bn for Chrysler, wants true partnership

admin_huliq — Sat, 07 Apr 2007 10:41:28 -0500

Billionaire Kirk Kerkorian's firm Tracinda has made a $4.5bn cash offer for Chrysler, the ailing US arm of Germany's DaimlerChrysler.