DaimlerChrysler AG



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Daniel Howes: Brutal, unforgiving change was inevitable

No. 6 is DCX, the defunct ticker symbol for DaimlerChrysler AG, the disastrous German-engineered "merger-of-equals" that fell apart and shunted Chrysler, like an unwanted foster child, to two subsequent owners and one bankruptcy. No. 7? Comerica Inc., the regional bank with a 150-year history in Detroit that bolted for Dallas in a bid to raise its price-to-earnings ratio.

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Investment veteran named University’s Chief Investment Officer

... billion in total retirement assets. Prior to Boeing, Schmid spent 17 years at Chrysler Corp. and DaimlerChrysler AG, rising to Chief Investment Officer and overseeing savings and investment programs totaling $30 billion."Mark has demonstrated that he can build some of the highest-level investment teams in the nation," Zimmer said. "At a time when managing a major university endowment is...

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Global auto industry realigns

In the 1990s, an industry crisis in Japan cleared the way for then-DaimlerChrysler AG and Renault SA to take stakes in Mitsubishi Motors and Nissan Motor Co. Ford expanded its stake in Mazda Motor Corp. to take control. At that time, it added to its collection of premium brands, acquiring Britain's Land Rover and Volvo. It has since sold Land Rover and Jaguar to India's Tata Motors and hopes...

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Telesto, Penske recruit auto vets in Saturn bids

... Telesto Ventures team also includes: Ted Cunningham, Chrysler's former sales chief who worked for DaimlerChrysler AG after the 1998 tie-up with DaimlerChrysler; and Susan Unger, another past Chrysler executive who worked as DaimlerChrysler's chief information officer and as a senior vice president. Torok, who was in charge of Mitsubishi's business outside Japan, including its...