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| 12 November, 2026, 06:23 PM IST | Today's ePaper
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    DAIMLERCHRYSLER

    Fun at work: Making people happy all over the world is my dream job, says Alexander Kjerulf

    Living in Copenhagen, Kjerulf presents, consults and conducts workshops on happiness at work and conferences with clients including DaimlerChrysler & Tata.

    Airbus says a top executive in charge of engineering and manufacturing for the European aircraft maker is to be replaced by an as yet unnamed successor early next year.

    Mitsubishi Power Systems says it will build a $325 million plant near Savannah, Georgia, to manufacture and service large steam and gas turbines used by power plants.

    However, the section does not deal with a situation when the subject company is a subsidiary of a foreign company that is listed abroad.

    Nissan Motor and Chrysler are in talks to supply each other with vehicles as they seek to expand their market share in North America amid tightening competition, a Japanese daily reported.

    Top 10 Indian firms, put together, invested 477 million euro last year for R and D, less than one-tenth of the world's biggest R and D investor Pfizer. Making it by faking it

    • British defence group BAE Systems said on Friday it has been chosen as the preferred bidder to supply trucks to the Australian army in a deal expected to be worth up to 653 million pounds ($1.33 billion, 941 million euros).

      Eicher Motors shares zoomed ahead on reports that European automobile major Volvo is in advanced negotiations to acquire majority stake in the company.

      Mitsubishi Motors lost about three-fourths of its market value in 2004 amid vehicle recalls linked to two fatal crashes. Now, the shares may rise as much as 34% as its sales growth outpaces Toyota Motor’s.

      German cars are too big, costly and polluting. The challenge is now from Toyota and Chinese upstarts like Chery and Geely.

      Luxury car companies hope the finance options and some aggressive packages will help roll in big numbers. In the volume car market 60% of luxury cars are financed.

      Chrysler's new private owners say they have picked former Home Depot boss Bob Nardelli to head the No. 3 US automaker in its effort to return to financial health.

      BMW wants to intensify cooperation with its fellow German luxury car maker Mercedes, a top BMW executive said.

      Billionaire Kirk Kerkorian, who offered to buy DaimlerChrysler's Chrysler unit for $4.5 billion earlier this week, said he wants “a true partnership” with the company’s workers and union members.

      Magna International, Cerberus Capital Management and a team led by Blackstone Group and Centerbridge Partners are frontrunners to buy DaimlerChrysler’s Chrysler unit, two people familiar with the talks said.

      Airbus unions in France on Friday ordered a one-day strike for next week to protest planned job cuts and plant disposals at the European aircraft maker.

      As financial losses mount, US automakers are headed for a showdown with the United Auto Workers union in contract negotiations this summer.

      DaimlerChrysler will recover about e168 million ($221.5 million) from insurers in settling a dispute over the costs of a US class-action lawsuit in 2003.

      Top world automakers were set to showcase new models at a Beijing auto show this weekend, each vying for a share of the booming Chinese car market.

      DaimlerChrysler’s third-quarter profit fell less than analysts estimated as higher earnings at the Mercedes and truck units eased a loss at Chrysler.

      In the political minefield of national egos at the heart of EADS, the German government seems undecided about how best to shore up its interests without being left to foot the bill, should the aerospace giant’s finances deteriorate.

      Airbus may have to sell some production sites as part of its restructuring plans, the planemaker’s new head said in remarks published on Wednesday.

      German government officials and the state-owned redevelopment bank KfW are preparing a contract for the bank to buy a stake in European aerospace giant EADS early next year, the Financial Times reported.

      The leaders of France and Germany have insisted that the crisis at Airbus be resolved on equal terms in response to alarm in Germany that restructuring at the troubled plane-maker could harm its interests.

      France and Spain expressed anxieties about restructuring plans at troubled planemaker Airbus on Wednesday, amid speculation of thousands of job cuts following delays to the A380 superjumbo.

      Franco-german shareholders in EADS would think about ending a dual management system at the embattled aerospace group if a shake-up at its Airbus subsidiary proved successful, a leading British daily reported on Wednesday.

      Toyota Motor continued to reap benefits from its fuel-efficient lineup in September, even as lower gas prices took some pressure off domestic automakers, which have long relied on pickups and sport utility vehicles for most of their sales.

      President George W Bush will hold a twice-postponed summit with executives of the Big Three US automakers after the November election on fuel saving technology and other issues, the White House said on Tuesday.

      General Motors, DaimlerChrysler & Bayerische Motoren Werke (BMW) will spend more than $1bn combined to make a shared gasoline-electric system.

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