UPDATE 1-Chrysler sustains heavy loss due to one-offs

Newswire

(Adds details) FRANKFURT, Feb 27 (Reuters) - Ailing U.S. carmaker Chrysler Holding LLC sustained a net loss of 1.94 billion euros ($2.92 billion) according to IFRS accounting rules between the close of its sale on Aug. 4 and the end of the third quarter, former owner Daimler said on Wednesday. The loss was mainly due to extraordinary charges resulting from items that included restructuring measures and a new agreement reached with the UAW trade union. Daimler added that as of the end ...

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