Daimler extinguishes Chrysler's flame

If there is an obvious way out of a predicament, people will eventually take it, even when it involv...

If there is an obvious way out of a predicament, people will eventually take it, even when it involves eating some humble pie. DaimlerChrysler is doing just that as it considers getting rid of the Chrysler unit. For DaimlerChrysler's long-suffering shareholders, the nightmare of owning a mass-market automaker may finally come to an end. The company will have to come to terms with losses in the short term, yet it will pave the way forward. Without Chrysler, Daimler could once again be a major industrial force. It will be able to concentrate on its key Mercedes brand. It can innovate, not f...