(Recasts adding new details, new analyst comment, shares) FRANKFURT, Sept 30 (Reuters) - Volkswagen and DaimlerChrysler , the world's fourth and fifth largest carmakers, discussed a cross-shareholding to protect each other from a hostile takeover, the German media reported on Friday. Weekly magazine Der Spiegel wrote that the two sides agreed each would take less than 20 percent in the other's shares, although they would not appoint their own representatives to each other's supervisory ...
Premium Content (PAID Subscription Required)
"UPDATE 2-Daimler, VW seek protection in each other-reports" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642