Chrysler may turn to Mercedes
Article Abstract:
DaimlerChrysler Corp. of the United States is expected to increase cooperation between its Chrysler and Mercedes units to defer costs. The automobile giant posted a third quarter operating loss of 1.16 billion Euros ($1.5 billion). DaimlerChrysler Corp. is planning a company restructuring for a financial turnaround.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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Porsche boosts stake, clout at VW
Article Abstract:
Porsche AG of Germany has increased its stake in Volkswagen AG also of Germany by 3.7 percent to 31 percent. The 3.7 percent stake in the automobile giant values the share buy at approximately 100.92 Euros ($134.11) per share.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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