The Competition for Chrysler

GM cools on Chrysler. And former COO Bernhard joining Cerberus puts a new spin on private equity as the possible future owner of Jeep

Under normal circumstances DaimlerChrysler (DCX) Chairman Dieter Zetsche might be bragging about the fact that his company's share price is up about 14% for the year. But these are not normal circumstances. The run-up is thanks to speculation that Zetsche will soon sell the struggling Chrysler unit, thus injecting luxury marque Mercedes with billions in cash and spinning off a company that German shareholders have mostly seen as a drag on Daimler.

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