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Zetsche sees good times ahead for Daimler without Chrysler


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DaimlerChrysler AG’s chief executive said, “the next years will be good” for the newly unbound Daimler AG and indicated that the risk of a takeover has diminished, according to an interview published today in a German newspaper.

 

DaimlerChrysler agreed last month to sell 80.1% of its stake in money-losing U.S. unit Chrysler to the private equity firm Cerberus Capital Management LP, paving the way for a streamlined Daimler to concentrate on its luxury Mercedes brand and truck business. READ MORE.

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