DaimlerChrysler has stressed it has no plans to sell Chrysler.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Chrysler, which has attracted unfavourable media coverage in recent weeks for its bloated inventory of 2006 models, yesterday posted a third quarter operating loss of $US1.48bn, dragging down the parent company’s operating profit to $1,132m from $2,332m.
A subsequent conference call for analysts and journalists led to a flurry of media reports suggesting DC was likely to ditch its struggling US arm.
However, in a statement from Hartmut Schick, DC’s senior vice president of corporate communications, the automaker said: “DaimlerChrysler reaffirms its previous statements made to the media that there are no plans to sell Chrysler Group.
“During [Wednesday’s] third-quarter earnings analyst/media conference call, the company appropriately chose not to add to the speculation regarding this topic. However, the resulting coverage and comments made it clear that this “not-for-sale” statement needed to be reaffirmed.”
