DaimlerChrysler

DaimlerChrysler AG {{FWB|DCX}}, {{nyse|DCX}}, has its headquarters in Stuttgart, Germany and is a prominent automobile and truck manufacturer.

Related Topics:
AG - Stuttgart, Germany - Automobile - Truck

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DaimlerChrysler was formed in 1998 by the merger of the Chrysler Corporation (USA) and Daimler-Benz (Germany). The transaction was announced on May 7, and took place on November 12. It was alleged in 2003 that it was not a merger but in fact a buy-out. The only case that came to court was won by DaimlerChrysler.

Related Topics:
1998 - Merger - Chrysler Corporation - Daimler-Benz - May 7 - November 12 - 2003

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The company produces cars and trucks under the brands Chrysler, Dodge, Jeep®, Mercedes-Benz, Smart, and Maybach, among others. The Chrysler Group (Chrysler, Jeep and Dodge) also provides its customers with parts and accessories marketed under the Mopar® brand name.

Related Topics:
Brand - Chrysler - Dodge - Jeep - Mercedes-Benz - Smart - Maybach

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DaimlerChrysler also has a stake in the Japanese car company Mitsubishi as well as the car operations of Korean manufacturer Hyundai. Its stake in Mitsubishi was 37%, but because it did not participate in a new capital increase in April 2004, it is now at 22%.

Related Topics:
Japan - Mitsubishi - Korea - Hyundai - April 2004

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