DaimlerCrysler to feather nest

AUBURN HILLS, Mich. -DaimlerChrysler says it plans to launch an expected US $2.5-billion global bond issue in the very near future.

There is no word yet on whether the global auto and truck giant may be looking to go on a shopping spree.

While the company has a large presence in Europe under the Mercedes banner, the issuing entity will be DaimlerChrysler North America Holding Corp., which is based in Auburn Hills, Mich.

Truck News is Canada's leading trucking newspaper - news and information for trucking companies, owner/operators, truck drivers and logistics professionals working in the Canadian trucking industry.

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