tabbo
Home >> Cars >> Chrysler

Chrysler

Available Buttons

Tip:

Click on one of the buttons to add Chrysler to the list of your favorite topics.

Description

Chrysler LLC is an American automobile manufacturer that has been producing automobiles since 1925 and from 1914 under the Dodge name. From 1998 to 2007, Chrysler and its subsidiaries were part of the German based DaimlerChrysler (now Daimler AG). Prior to 1998, Chrysler Corporation traded under the "C" symbol on the NYSE. Under DaimlerChrysler, the company was named "DaimlerChrysler Motors Company LLC", with its U.S. operations generally referred to as the "Chrysler Group".

On May 14 2007 DaimlerChrysler AG announced the sale of 80.1% of Chrysler Group to American private equity firm Cerberus Capital Management, L.P., although Daimler continues to hold a 19.9% stake. Chrysler LLC is the new name. The deal was finalized on August 3, 2007.

After the announcement of the spin-off to Cerberus, the Chrysler LLC, or "The New Chrysler", unveiled a new company logo on August 6 2007 and launched its new website with a variation of the previously used Pentastar logo. Robert Nardelli also became Chairman and CEO of Chrysler under the ownership of Cerberus. Chrysler is now the largest private automaker in North America.

Source: Wikipedia.

Shoutbox

add a new comment

Your favorite topics

You haven't chosen any favorite topics yet. Start by looking in the category tree or search for something you like in the search box in the upper right corner.

Report problems with Chrysler

    • add a new thread
    Creative Commons License Our work is licensed under a Creative Commons Attribution 3.0 License, which means we're happy when You use it for any purpose (even commercially), as long as you mention we're the authors (a simple link is fine).