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Thursday, October 26, 2006

DaimlerChrysler will NOT sell Chrysler Group

Yesterday the news broke that Bodo Uebber, DaimlerChrysler's CFO, said that it may be possible that the Chrysler Group will be sold.

"We don't exclude anything here...we will do our analysis. Second, we will talk about measures. And third, we will draw our conclusions."

DiamlerChrysler was quick to release a Press Release denying that possibility. Hartmut Schick, Senior Vice President - Corporate Communications, DaimlerChrysler AG, released a statement saying:
DaimlerChrysler reaffirms its previous statements made to the media that there are no plans to sell Chrysler Group. ...the resulting coverage and comments made it clear that this "not-for-sale" statement needed to be reaffirmed.
Well there you have it, Bodo's ambiguous statement was clear up by Hartmut Schick by denying any possible sale of the Chrysler Group.
posted by Muamer Hodzic @ 10/26/2006 09:26:00 AM    
 
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