DaimlerChrysler AG CEO Juergen Schrempp says the auto maker will continue to sell off more non-automotive business at its financial services unit, DaimlerChrysler Services division. The auto maker said on Jan. 11 that Debis Systemhaus, DC’s largest non-automotive business in which it holds a 50% stake, will be sold to partner Deutsche Telecom AG for E4.6 billion ($4.1 billion). In 2000, the financial services unit had E17.5 billion ($15.4 billion) in sales, largely from its auto loan and ...
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