Daimler reduces its stake in Chrysler by two-thirds

After Daimler sold its majority control in Chrysler to Cerberus Capital Management in August 2007, it retained a 19.9 percent stake in the American automaker. However, Daimler has now reduced its...

Related posts:

• Poll: What would you buy? Mercedes C63 AMG, BMW M3 Sedan or the Lexus IS-F
• As a car junkie and an American patriot, it’s hard for me to believe I’m ...
• Buick shows Invicta concept in China
• GMC and Hasbro to sanction another Transformer for the road

Related posts:

• Frankfurt to see Bluetec Mercedes
• Don’t fear collapse
• w00t! The return of the Autoblog Podcast!
• Lutz Leaving GM: End of an Era
• A Car Industry Revolution in the Making