Chrysler and GM told the US government they might need up to $21
Tuesday 17th February 2009 Chrysler and GM told the US government they might need up to $21.6 billion in combined bailout loans. GM’s survival plan called for cutting a total of 47,000 jobs globally and closing 5 more US factories.
Chrysler LLC disclosed that it had lost $400 million so far this year just hours after it unveiled prototypes of 3 new electric cars
Tuesday 23rd September 2008 Chrysler LLC disclosed that it had lost $400 million so far this year just hours after it unveiled prototypes of 3 new electric cars.
Chrysler LLC said it planned to cut up to 12,000 jobs, or up to 15 percent of its workforce, as part of an effort to slash costs and match slowing demand for some vehicles
Thursday 1st November 2007 Chrysler LLC said it planned to cut up to 12,000 jobs, or up to 15 percent of its workforce, as part of an effort to slash costs and match slowing demand for some vehicles.
An Extraordinary Shareholders’ Meeting of DaimlerChrysler AG (stock exchange abbreviation: DAI) approved the renaming of the company as Daimler AG by a 98
Thursday 4th October 2007 An Extraordinary Shareholders’ Meeting of DaimlerChrysler AG (stock exchange abbreviation: DAI) approved the renaming of the company as Daimler AG by a 98.76% majority.
At the Defence Systems & Equipment International trade show, Chrysler LLC unveiled a Wrangler Unlimited version designed for military use dubbed the J8
Thursday 13th September 2007 At the Defence Systems & Equipment International trade show, Chrysler LLC unveiled a Wrangler Unlimited version designed for military use dubbed the J8. The unarmored Jeep J8 was equipped with larger brakes, axles and suspension components than the civilian version and had a payload capacity of 1,339 kg (2,952 lb). The…
Thomas LaSorda became President of Chrysler, with Bob Nardelli succeeding him as Chairman and Chief Executive Officer
Sunday 5th August 2007 Thomas LaSorda became President of Chrysler, with Bob Nardelli succeeding him as Chairman and Chief Executive Officer.
Carmaker DaimlerChrysler completed a deal to sell a majority stake (80%) of its ailing US Chrysler division to the private equity company Cerberus Capital Management for 7
Friday 3rd August 2007 Carmaker DaimlerChrysler completed a deal to sell a majority stake (80%) of its ailing US Chrysler division to the private equity company Cerberus Capital Management for 7.4bn euros ($10.1bn; £5bn).
The Chrysler Group signed a deal with Cherry, China’s biggest automaker, to create a low cost production venture that could import the first Chinese-made cars to the US
Wednesday 4th July 2007 The Chrysler Group signed a deal with Cherry, China’s biggest automaker, to create a low cost production venture that could import the first Chinese-made cars to the US.
European-American carmaker DaimlerChrysler, created in 1998 in a $36 billion merger, announced that it was selling 80
Monday 14th May 2007 European-American carmaker DaimlerChrysler, created in 1998 in a $36 billion merger, announced that it was selling 80.1 percent of the Chrysler group to the U.S. private-equity firm Cerberus Capital Management. Cerberus paid $7.4 billion in the deal, mostly in the form of investments in Chrysler; Daimler AG, as it was soon…
DaimlerChrysler AG, seeking to cut costs and boost sales in North America, said it would start selling Chinese-made cars in that market and western Europe as it tried to meet demand for smaller, more economical vehicles
Tuesday 27th February 2007 DaimlerChrysler AG, seeking to cut costs and boost sales in North America, said it would start selling Chinese-made cars in that market and western Europe as it tried to meet demand for smaller, more economical vehicles.
An Everyday Journey Through Motoring History, Facts & Trivia
This Day In Automotive History
