Q:
Does Chrysler Own Mercedes-Benz?
A:
Quick Answer
Mercedes-Benz is owned by Daimler, although for the period between 1998 and 2007, it was somewhat correct to say that Chrysler owned Mercedes-Benz. In 1998, Mercedes-Benz' parent company, Daimler, merged with Chrysler to become DaimlerChrysler AG. The merger between Daimler and Chrysler was billed as a "merger of equals."
Continue Reading
Credit:
Justin Sullivan
Getty Images News
Getty Images
Full Answer
Daimler eventually ended up paying Cerberus $650 million to buy Chrysler and all of its liabilities for $7.4 billion. Chrysler went on to file for bankruptcy in 2009. Due to the break-up of DaimlerChrysler AG and the sale and eventual bankruptcy of Chrysler, it is incorrect to state that Chrysler owns Mercedes-Benz.
Learn more about CorporationsRelated Questions
-
Q:
How Do You Troubleshoot a Mercedes-Benz?
A: To troubleshoot a Mercedes-Benz with a rough shifting condition, remove and disassemble the transmission, as the problem results from an internal component... Full Answer >Filed Under: -
Q:
What Is the Chrysler Corporate Office Adress?
A: As of 2015, the Chrysler corporate office address is 1000 Chrysler Drive, Auburn Hills, Michigan 48326. This is the address for the Chrysler Headquarters a... Full Answer >Filed Under: -
Q:
Where Can You Find the Employee Discount Program for Chrysler?
A: Full details of the discount program for Chrysler employees are available on the official website for Chrysler Employee Advantage participants at EA.Chrysl... Full Answer >Filed Under: -
Q:
Where Is the Chrysler Headquarters in the USA?
A: Fiat Chrysler Automobiles headquarters in the United States is located with the FCA U.S. Technology Center in Auburn Hills, Michigan. The address is: FCA U... Full Answer >Filed Under:
You May Also Like
-
Q:
How Do Wal-Mart Employees Manage Their Schedules?
-
Q:
What Are Some Stores in The Mills At Jersey Gardens Mall?
-
Q:
What Is the Best Buy Learning Lounge?
-
Q:
Is Online Dating Through Mingle2 Safe?
-
Q:
How Can a Recipe Idea Be Submitted to Lipton?
-
Q:
How Can You Find Out How Many Menards Stores Are Near Effingham, IL?
