News Topic - Chrysler
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Daimler's 2Q Profit Slips
Car maker Daimler AG said Thursday its second-quarter profit slipped mainly on charges related to its stake in Chrysler LLC, and blamed its reduced full-year earnings outlook on a slowing global economy and higher production costs.
ClickOnDetroit.com – Jul 24, 2008 11:37 AM [GMT] ¦ comment?
found in Local: Michigan: Detroit
Car maker Daimler AG said Thursday its second-quarter profit slipped mainly on charges related to its stake in Chrysler LLC, and blamed its reduced full-year earnings outlook on a slowing global economy and higher production costs.
ClickOnDetroit.com – Jul 24, 2008 11:37 AM [GMT] ¦ comment?
found in Local: Michigan: Detroit
Daimler's 2Q profit slips to nearly $2.2 billion
FRANKFURT, Germany -- Car maker Daimler AG said Thursday its second-quarter profit slipped mainly on charges related to its stake in Chrysler LLC, and blamed its reduced full-year...
WOODTV.com – Jul 24, 2008 11:11 AM [GMT] ¦ comment?
found in Local: Michigan: Grand Rapids
FRANKFURT, Germany -- Car maker Daimler AG said Thursday its second-quarter profit slipped mainly on charges related to its stake in Chrysler LLC, and blamed its reduced full-year...
WOODTV.com – Jul 24, 2008 11:11 AM [GMT] ¦ comment?
found in Local: Michigan: Grand Rapids
MD Johnson, Inc. Advises Keith Hagerty on the Sale of Brewer Chrysler to Tom Matson. Sale Completes Chrysler Genesis Alignment in Auburn, Washington
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PR Newswire – Jul 24, 2008 10:36 AM [GMT] ¦ comment?
found in Top Stories: Press Releases
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PR Newswire – Jul 24, 2008 10:36 AM [GMT] ¦ comment?
found in Top Stories: Press Releases
Clarification of Daimler AG's Second Quarter 2008 Earnings Announcement Related to Its 19.9 Percent Interest in Chrysler Holding LLC
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PR Newswire – Jul 24, 2008 10:09 AM [GMT] ¦ comment?
found in Top Stories: Press Releases
Read full story for latest details.
PR Newswire – Jul 24, 2008 10:09 AM [GMT] ¦ comment?
found in Top Stories: Press Releases
Daimler profit falls 25%, cuts earnings outlook
LONDON (MarketWatch) -- German car maker Daimler on Thursday reported a 25% drop in second-quarter net profit due to losses from its interest in Chrysler and cut its earnings view for the year. The group reported a net profit of 1.4 billion euros ($2.2 billion), down from 1.85 billion euros a year ago and said it now expects earnings before interest and taxes for the year to exceed 7 billion euros, due to rising raw-materials prices and the economic slowdown. Its previous forecast was for a significant improvement on the 7.7 billion euros it reported in the previous year. Daimler said it took a 373 million euro hit on earnings before interest and taxes in the latest quarter from its interest in Chrysler. Unit sales at Mercedes-Benz cars rose 11% and earnings were up 1%. At Daimler Trucks, unit sales rose 10%, while profit was flat. The impact of Chrysler's results on Daimler are on a three-month delay.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 24, 2008 09:52 AM [GMT] ¦ comment?
found in Business: Markets
LONDON (MarketWatch) -- German car maker Daimler on Thursday reported a 25% drop in second-quarter net profit due to losses from its interest in Chrysler and cut its earnings view for the year. The group reported a net profit of 1.4 billion euros ($2.2 billion), down from 1.85 billion euros a year ago and said it now expects earnings before interest and taxes for the year to exceed 7 billion euros, due to rising raw-materials prices and the economic slowdown. Its previous forecast was for a significant improvement on the 7.7 billion euros it reported in the previous year. Daimler said it took a 373 million euro hit on earnings before interest and taxes in the latest quarter from its interest in Chrysler. Unit sales at Mercedes-Benz cars rose 11% and earnings were up 1%. At Daimler Trucks, unit sales rose 10%, while profit was flat. The impact of Chrysler's results on Daimler are on a three-month delay.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com – Jul 24, 2008 09:52 AM [GMT] ¦ comment?
found in Business: Markets
Chrysler will cut salaried staffers
Chrysler on Wednesday again slashed its white-collar work force -- this time by 1,000 -- as the struggling automaker strives to offset slumping sales.
Detnews.com – Jul 24, 2008 05:53 AM [GMT] ¦ comment?
found in Local: Michigan: Detroit
Chrysler on Wednesday again slashed its white-collar work force -- this time by 1,000 -- as the struggling automaker strives to offset slumping sales.
Detnews.com – Jul 24, 2008 05:53 AM [GMT] ¦ comment?
found in Local: Michigan: Detroit
Chrysler announces more cutbacks
Associated Press - July 23, 2008 7:33 PM ET DETROIT (AP) - Chrysler says it will chop another 1,000 jobs within the next two months because of poor sales.
KTUU.com – Jul 23, 2008 11:33 PM [GMT] ¦ comment?
found in Local: Alaska: Anchorage
Associated Press - July 23, 2008 7:33 PM ET DETROIT (AP) - Chrysler says it will chop another 1,000 jobs within the next two months because of poor sales.
KTUU.com – Jul 23, 2008 11:33 PM [GMT] ¦ comment?
found in Local: Alaska: Anchorage
Chrysler Job Cuts
Another round of job cuts for Chrysler.
WIFR.com – Jul 23, 2008 10:52 PM [GMT] ¦ comment?
found in Local: Illinois: Rockford
Another round of job cuts for Chrysler.
WIFR.com – Jul 23, 2008 10:52 PM [GMT] ¦ comment?
found in Local: Illinois: Rockford
Chrysler Plans to Cut 1,000 Jobs
The automaker says it will cut 1,000 salaried jobs because of the auto slump.
ABC News – Jul 23, 2008 9:23 PM [GMT] ¦ comment?
found in Business
The automaker says it will cut 1,000 salaried jobs because of the auto slump.
ABC News – Jul 23, 2008 9:23 PM [GMT] ¦ comment?
found in Business
BWL executive gets $49K raise
Six months after the commission governing the Board of Water and Light approved rate hikes for its customers, commissioners Tuesday voted General Manager J. Peter Lark a $49,000 pay raise.The move, which comes a year into LarkWed, 23 Jul 2008 15:33:00 EDThttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/307230003/1002/NEWS01McCain, Obama spend $6M on Michigan TV adshttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230402/1002/NEWS01Presidential candidates John McCain and Barack Obama have appealed to Michigan voters with nearly $6 million in campaign ads so far.The nonpartisan Michigan Campaign Finance Network said today that a check of advertising data at television stations shows Republican McCain spent $3.2 million airing ads between May 28 and July 20.Democrat Obama spent $2.7 million for ads running between June 20 and July 28.Total spending is far less than in 2004, when advertising by President Bush and Democrat John Kerry started in March.The Republican National Committee has run nearly $1 million in ads for McCain, but other third-party advertising has been light.Wed, 23 Jul 2008 15:10:00 EDThttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230402/1002/NEWS01Chrysler plans to cut 1,000 salaried jobshttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230399/1002/NEWS01DETROIT - Chrysler LLC says it will cut 1,000 salaried jobs worldwide by Sept. 30.Wed, 23 Jul 2008 14:48:00 EDThttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230399/1002/NEWS01Youth ministry continues work on Lansing homehttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230401/1002/NEWS01The volunteers on the Reaching a Generation for Eternity Youth Ministries mission trip continue to work today on a new home in Lansing.Wed, 23 Jul 2008 14:27:00 EDThttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230401/1002/NEWS0154A District Court closed for computer upgradeshttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230398/1002/NEWS01The 54A District Court will be closed today and Thursday so employees can complete a planned conversion of the court's computer system, which contains all case information.Wed, 23 Jul 2008 14:24:00 EDThttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230398/1002/NEWS01
Lansing State Journal – Jul 23, 2008 7:55 PM [GMT] ¦ comment?
found in Local: Michigan: Lansing
Six months after the commission governing the Board of Water and Light approved rate hikes for its customers, commissioners Tuesday voted General Manager J. Peter Lark a $49,000 pay raise.The move, which comes a year into LarkWed, 23 Jul 2008 15:33:00 EDThttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/307230003/1002/NEWS01McCain, Obama spend $6M on Michigan TV adshttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230402/1002/NEWS01Presidential candidates John McCain and Barack Obama have appealed to Michigan voters with nearly $6 million in campaign ads so far.The nonpartisan Michigan Campaign Finance Network said today that a check of advertising data at television stations shows Republican McCain spent $3.2 million airing ads between May 28 and July 20.Democrat Obama spent $2.7 million for ads running between June 20 and July 28.Total spending is far less than in 2004, when advertising by President Bush and Democrat John Kerry started in March.The Republican National Committee has run nearly $1 million in ads for McCain, but other third-party advertising has been light.Wed, 23 Jul 2008 15:10:00 EDThttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230402/1002/NEWS01Chrysler plans to cut 1,000 salaried jobshttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230399/1002/NEWS01DETROIT - Chrysler LLC says it will cut 1,000 salaried jobs worldwide by Sept. 30.Wed, 23 Jul 2008 14:48:00 EDThttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230399/1002/NEWS01Youth ministry continues work on Lansing homehttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230401/1002/NEWS01The volunteers on the Reaching a Generation for Eternity Youth Ministries mission trip continue to work today on a new home in Lansing.Wed, 23 Jul 2008 14:27:00 EDThttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230401/1002/NEWS0154A District Court closed for computer upgradeshttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230398/1002/NEWS01The 54A District Court will be closed today and Thursday so employees can complete a planned conversion of the court's computer system, which contains all case information.Wed, 23 Jul 2008 14:24:00 EDThttp://www.lansingstatejournal.com/apps/pbcs.dll/article?AID=/20080723/NEWS01/807230398/1002/NEWS01
Lansing State Journal – Jul 23, 2008 7:55 PM [GMT] ¦ comment?
found in Local: Michigan: Lansing