Daimler Wants To Wash Hands Of Chrysler, Sell Remaining 19.9% To Cerberus

Daimler was obviously unimpressed by Chrysler's electrically »9/24/08 2:20pm9/24/08 2:20pm yesterday, as word comes today the German automaker is in talks to sell Cerberus its remaining 19.9% stake in Chrysler. If terms are agreed upon, the sale would mark the end of Daimler's involvement in the Auburn Hills automaker a mere ten years after…

Iacocca Arrives At Chrysler As Bankruptcy Rumors Swirl; Time Travel Perfected

Former chairman Lee Iacocca gave a closed pep rally to Chrysler employees yesterday in Auburn Hills, once again sharing the stage with a K-car, a minivan...and rumors of Chrysler's imminent bankruptcy. While current CEO Bob Nardelli was praising Iacocca as "Chrysler's most dynamic leader" and "a great American,"… »6/27/08 10:30am6/27/08 10:30am

Wow, DaimlerChrysler (yup, that's still the name) saw earnings of $2.5 billion last quarter.

Wow, DaimlerChrysler (yup, that's still the name) saw earnings of $2.5 billion last quarter. That was despite the $3.4 billion charge on the sale of Chrysler. Imagine how better it would have been had they recorded Chrysler's profits during the quarter too. Oh wait...maybe that would have been backwards. [NYT] »8/29/07 10:45am8/29/07 10:45am

Chrysler PR Main Man Jason Vines Corrects Self, New CEO Bob Nardelli's Resume

Earlier this morning we caught Chrysler PR VP Jason Vines on WDIV, Detroit's NBC affiliate — again. This time, in addition to pushing this afternoon's employee celebration and the re-unveiling of the pentastar logo, he corrected his late night gaff on new Chrysler CEO, Bob Nardelli's, resume. This time, Vines is his… »8/06/07 9:45am8/06/07 9:45am

Even If BMW Wants A Piece, In Australia At Least, Daimler And Chrysler To Try And Remain BFF

Well we're glad to hear down under the soon-to-be former couple of DaimlerChrysler will at least try to remain BFF even after the split's finalized. The folks at the Aussie car siteGoAuto claim that the two automakers will remain "joined at the hip" in Australia. Of course that word's coming from the jilted lover »7/05/07 11:00am7/05/07 11:00am