DaimlerChrysler AG was “over-optimistic” in gauging Chrysler Group’s ability to maintain first-half sales momentum, admits the auto maker’s chairman. A contrite Dieter Zetsche vows greater vigilance to ensure the mistake is not repeated, he tells analysts today after announcing Chrysler’s U.S.-bound third-quarter production will be reduced by 90,000 units from plan, and by 135,000 for the entire second half of the year. Most of the impact will be felt at plants where Chrysler builds ...

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