http://www.msnbc.msn.com/id/17944679/
<snip>
BERLIN - DaimlerChrysler AG is confident a turnaround program at its Chrysler
unit will return the beleaguered American brand to profitability, but Chairman
Dieter Zetsche said Wednesday the automaker is in talks with unidentified
potential buyers.
“As announced on Feb. 14, we are open to all options for future collaboration
with Chrysler,” he told some 9,000 shareholders crammed inside Berlin’s
exhibition center. “The statement is still true today.”
He said that the talks have been with “potential partners who have shown a
clear interest” and “so far, I am satisfied with the process. Everything is
going according to plan.”
Story continues below ↓advertisement
He would not elaborate on who was involved in the talks.
Zetsche stunned the automotive world on Feb. 14 when he said that continued
losses and fierce competition in the United States meant that the
German-American automaker was considering all options for its Chrysler unit,
and did not rule out a possible sale, saying only that all options were being
considered.
<snip>
The plot thickens....
This archive was generated by hypermail 2b29 : Mon May 07 2007 - 19:04:35 EDT