Chrysler Loss Deepened After Daimler Split

Chrysler lost nearly $2.9 billion in a 2-month period last fall, after its split from Daimler, a filing by the German company shows. The filing by Daimler, which retains 19.9% of the automaker, offers a rare look at how costly the company's reorganization effort has been since it was taken private by Cerberus Capital Management in May, the Wall Street Journal reports.

Daimler also gave then-Chrysler CEO Tom LaSorda a bonus of approximately $15.7 million—an amount that could irk leaders of the United Auto Workers, which agreed to significant cuts to revive the flagging Detroit icon. Current CEO Robert Nardelli told employees in December the now-private company was "operationally" bankrupt and would lose $1.6 billion in 2007. (More Chrysler stories.)