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. Last Updated: 07/27/2016

Automaker May Shift




BERLIN -- DaimlerChrysler is considering whether to relocate its headquarters from Germany to the United States, a magazine reported Tuesday.


Shares in the automaker climbed on the Frankfurt stock exchange Tuesday on news of the report in Stern weekly.


A DaimlerChrysler spokesman called the report "speculation.''


The company's share price has weakened since Daimler-Benz's merger with Chrysler Corp. last year, the article said.


It said U.S. investors are less interested in DaimlerChrysler shares because - unlike the former Chrysler shares - they are not included in the major U.S. stock indexes.