Daimler: Chrysler worth nothing "The German automaker has depreciated its stake in Chrysler to zero ... A little over a year ago, the company valued its 19.9% stake in Chrysler at $2.2 billion." by reddit
“The announcement came as part of Daimler's quarterly financial release on a day when Consumer Reports scolded the Auburn Hills automaker's quality and Chrysler announced plant cuts that will halt hybrid vehicle production -- all as majority owner Cerberus Capital Management talks with General Motors Corp. about a merger that could result in 30,000 job cuts.” source...
Loading...