Daimler bails out on Chrysler stake and forgives debt

Daimler Bails Chrysler Stake Forgives Debt - Politics, Business, Civil, History - Posted: 28th Apr, 2009 - 11:10am

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Post Date: 28th Apr, 2009 - 11:10am / Post ID: #

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Daimler bails out on Chrysler stake and forgives debt

Daimler bails out on Chrysler stake and forgives debt
German Economy Local German Business News In English

German automaker Daimler said Monday it would give up its 19.9 percent stake in its former US unit Chrysler and forgiving outstanding loans from the struggling Detroit firm.
Source: The Local: Money

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