[SeMissourian.com] Fair ~ 38°F  
River stage: 22.43 ft. Falling
Saturday, Mar. 28, 2015

No word yet on possible Chrysler sale

Thursday, April 5, 2007

The Associated Press

BERLIN -- Shareholders of DaimlerChrysler AG had hoped for a decision on the sale of the money-losing Chrysler unit, or at least news on when that might happen -- but got neither Wednesday at a meeting marked by simmering tension over the automaker's future.

The company's board would acknowledge only that an outright sale was among the options being considered -- despite an ongoing recovery plan to stem losses, cut 13,000 North American jobs and pare back production.

Shareholders -- many of whom have criticized from the start the 1998 merger of Daimler-Benz and Chrysler Corp. -- were agitated about the lack of updates.

Fact Check
See inaccurate information in this story?

Respond to this story

Posting a comment requires free registration. If you already have an account on seMissourian.com or semoball.com, enter your username and password below. Otherwise, click here to register.


Password:  (Forgot your password?)

Your comments:
Please be respectful of others and try to stay on topic.

Related subjects