Chrysler town and country

DETROIT– Chrysler LLC apparently suffered a $660 million loss in the second quarter, based on earnings figures reported by Daimler AG, which owns a 19.9% stake in the auto maker. News of the loss comes as Chrysler’s majority owner, Cerberus Capital Management LP, is in talks to merger the car maker with General Motors Corp. Both Chrysler and GM are losing money, and analysts estimate both companies could start to run short of cash in about 12 months.

In another sign of stress at Chrysler, the company announced it is cutting a shift at its Toledo, Ohio, plant and will …