NEW YORK (Standard&Poor's CreditWire) Sept. 27, 2000-—Standard&Poor's today affirmed its ratings on DaimlerChrysler AG (A+/Stable/A-1) following the company's issuance of an earnings warning indicating that its third quarter results will be significantly weaker than previously anticipated. The company's Chrysler division is expected to generate an operating loss of about Eur600 million, due primarily to costs related to the changeover to its new minivan and steeper sales incentives. In addition, its financial services unit is being affected by substantial losses related to lease residuals. However, Standard&Poor's believes that an outlook revision or rating change would be premature at this time. Management has stated that it anticipates that fourth quarter results will be significantly better, and
