Daimler-chrysler Sold

[Monster-Mat]

Just been announced that Damiler-Chrysler have been sold to the Emirates -Dubai bank.......

i knew they were going down the pan, shortlly after they bailed out Chrysler......

im happy really, one less grip on the automotive industry by the Germans :)

[bitonw]

lets hope that we don't get to many unemployed people in germany... (history repeat?)

[Monster-Mat]

lets hope that we don't get to many unemployed people in germany... (history repeat?)

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what you mean anymore than the 5 million already unemployed

[bitonw]

exactly we don't need more ...

[flotsam]

im happy really, one less grip on the automotive industry by the Germans :)

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Isn't Daimler Chrysler America's third largest car manufacturer after GM and Ford?

[ColinBarber]

im happy really, one less grip on the automotive industry by the Germans :)

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Isn't Daimler Chrysler America's third largest car manufacturer after GM and Ford?

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They were the third largest in the world.

[Kazi]

In actual fact, 2004 results showed that in volume sales, GM is still top dog, Toyota pipped ford to second place. Hence ford is third and VW is 4th I think.

Remember reading it a while back. :P

[Monster-Mat]

DAIMLER (of Daimler-mercedes) bought out the Us company Dodge-Chrysler several years ago when the US giant was struggling, thereby forming the Huge partnership Daimler-Chrysler, unfortunatly the neckstone that Chrysler had become dragged the profits of the parent company Daimler down the pan.

First thing sold of was Daimlers share in the Aircraft industry.....last year

also last year Daimler tried to shed the Crysler name, but Daimler wewre threatened with legal action

[d3fy]

<snip>

First thing sold of was Daimlers share in the Aircraft industry.....last year

also last year Daimler tried to shed the Crysler name, but Daimler wewre threatened with legal action

By who and why?

[Monster-Mat]

by Chrysler.

Daimler Chrysler also owns the brands

Maybach,Mercedes-Benz,Smart,Dodge,Chrysler,Jeep,Setra,Freightliner,Western Star Trucks,Sterling,Fuso, and Key partner is Mitsubishi Motors

[d3fy]

Never heard of them :P

[LexusEdinburgh]

I think they bought a $1 billion stake in the group and not the whole lot.

[Monster-Mat]

oh.was reported on German news as a majority sell, giving control to the Emirates -Dubai bank

[woggledog]

by Chrysler.

Daimler Chrysler also owns the brands

Maybach,Mercedes-Benz,Smart,Dodge,Chrysler,Jeep,Setra,Freightliner,Western Star Trucks,Sterling,Fuso, and Key partner is Mitsubishi Motors

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key partner? You're having a larf!!!!

Mitsi are looking like take over targets at the mo... going through a rough patch!

Paul

[Kazi]

Mercedes is part of GM though......

[Parthiban]

Yeah I think its only a $1bn stake, they are now the third biggest shareholder

[eddiea1]

Kuwait Investment Authority took a 7.2% stake in Daimler Chrysler's stock. You would be surprised at how many of the UK FTSE 100 Kuwait Investment Authority is also a major shareholder

Just been announced that Damiler-Chrysler have been sold to the Emirates -Dubai bank.......

i knew they were going down the pan, shortlly after they bailed out Chrysler......

im happy really, one less grip on the automotive industry by the Germans :)

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