Schroeder urges DaimlerChrysler to secure MTU jobs

Newswire

FRIEDRICHSHAFEN, Germany, Aug 26 (Reuters) - German Chancellor Gerhard Schroeder on Friday urged DaimlerChrysler not to sell its heavy diesel unit MTU Friedrichshafen to a short-term investor and to secure jobs at the unit. MTU's works council earlier this week asked Schroeder to help block a proposed sale to U.S.-based private equity firm Carlyle Group, saying it was worried about 6,700 jobs at the unit and that it feared Carlyle was not concerned about MTU's long-term interests. At an ...

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