Daimler hopes to sell its stake in ailing Chrysler by the end of the year.

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Daimler CEO Dieter Zetsche has estimated the odds this will happen in 2009 are higher than 50%.


In an interview with magazine Capital the manager set a time-frame for a possible sale of the stake in Chrysler for the first time.


Daimler still holds 19.9% in its former US subsidiary after selling the rest to investment firm Cerberus almost two years ago.


Earlier this year Daimler was in talks with private equity group Cerberus, which purchased the rest of Chrysler in 2007.

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