Monday, January 22, 2007

Board to meet on Chrysler rehab

Bradford Wernle | | Automotive News / January 22, 2007 - 1:00 am DETROIT -- The DaimlerChrysler supervisory board will meet Feb. 13 and 14 to decide on a restructuring plan for the struggling Chrysler group.

On Feb. 14, DaimlerChrysler will hold its financial results press conference in Auburn Hills, Mich., for the first time. The meeting usually is in Stuttgart.

Chrysler shocked investors with a $1.5 billion loss in the third quarter of 2006, prompting the company to launch a restructuring task force.

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