Daimler will not ditch ailing Chrysler -newspaper

Newswire

FRANKFURT, July 27 (Reuters) - German autos giant DaimlerChrysler AG remains committed to its ailing U.S. Chrysler unit and has no intention of selling it, a company board member told a German newspaper. "Chrysler belongs to us, just like Mercedes-Benz," DaimlerChrysler board member Ruediger Grube told Die Welt newspaper, according to an advance copy of an article to be published on Monday. "The strategy that DaimlerChrysler has been following since the 1998 merger needs time, because we ...

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