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DaimlerChrysler director hints at sale of business
26/10/2006
DaimlerChrysler, the German car manufacturer, has hinted that its Chrysler division could be put up for sale less than a month after inisisting that it was a core business. Daimler's finance director Bodo Uebber refused to discount the possibility of a sale when pressed during a conference call, and said that DaimlerChrsyler would be looking at various options, including "structural changes". Chrysler recorded a loss of €1.2bn in the third quarter of 2006.
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