DaimlerChrysler said Monday told Reuters it had not yet taken a decision on possible job cuts at its ailing US Chrysler arm, contrary to a newspaper report.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

“There has been no decision taken,” a DaimlerChrysler spokesman told the news agency.

According to Reuters, the Financial Times reported that DaimlerChrysler finance chief Manfred Gentz had said that Chrysler was looking to cut up to 4,500 qualified workers, adding that this was the first confirmation by the group of job losses.

Under a recent agreement with the United Auto Workers union, five Chrysler parts plants will either be sold, closed or put into a joint venture, allowing the company to shed roughly 6,000 jobs, company and union sources told Reuters.

“The new deal with the UAW gives us the flexibility to consider jobs. But we have not taken any decision as to whether this will be necessary at all,” the spokesman told the news agency.

Reuters said Gentz was quoted as saying Chrysler had “not yet given up” on posting a positive operating profit this year and the spokesman confirmed his comment.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact