Posted on September 20th, 2011 • by Bill Cawthon
German public prosecutors have dropped an investigation into former Chrysler CEO Dieter Zetsche on suspicion of involuntary manslaughter. Prosecutors in Osnabrueck said there was no basis for charges of corporate negligence in the accident that killed Christof Kemmler, a 27-year-old engineer, at a Daimler AG test track near Papenburg Germany. Kemmler’s parents blamed Daimler for [...]
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Posted on September 17th, 2011 • by Bill Cawthon
Former Chrysler CEO Dieter Zetsche is the subject of an involuntary manslaughter investigation by German prosecutors. The authorities are looking into an allegation that Zetsche, as head of Daimler AG, bears responsibility for the July death of Christof Kemmler, a 27-year-old engineer, at a testing facility near Papenburg, Germany. According to German magazine Der Spiegel, [...]
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Posted on June 30th, 2011 • by Bill Cawthon
Employment figures released today by Chrysler in advance of the negotiations with the United Auto Workers union show not only how deep Daimler cut worker ranks but the even greater slashes inflicted by Cerberus Capital Management in its tenure. At the end of 2000, Chrysler employed 75,489 hourly and salaried UAW workers. By the time [...]
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Posted on January 25th, 2011 • by David Zatz
An unconfirmed report from Auburn Hills claims that the next generation Dodge Dakota “lifestyle vehicle” and, possibly, Chrysler’s flagship minivans are being engineered largely by an outside contractor — Daimler, AG. While Daimler’s time of control over Chrysler led to numerous problems and the rapid disappearance of profits and retail sales, it appears that Daimler [...]
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Posted on September 10th, 2010 • by Bill Cawthon
More than 450 Chrysler retirees have filed a class action suit in the Wayne County (Michigan) Circuit Court against Daimler AG and Cerberus Capital Management LLC over the loss of supplemental pension benefits during the automaker’s 2009 bankruptcy. The pensions, covering workers and managers, were set up under a private program and so were not [...]
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