Deal-making at Chrysler
Skip to main content
Sister Publication Links
  • Automotive News Canada
  • Automotive News Europe
  • Automotive News Mexico
  • Automotive News China
  • Automobilwoche
AN-LOGO-BLUE
Subscribe
  • Subscribe
  • Account
  • login
  • HOME
  • NEWS
    • Dealers
    • Automakers & Suppliers
    • News by Brand
    • Cars & Concepts
    • Shift
    • Mobility Report
    • Special Reports
    • Digital Edition Archive
    • This Week's Issue
    • Want to engage buyers? There's an app for that
      Time for no-haggle?
      Rocky start?
      Diving into digital
    • Waymo says self-driving semis will travel Phoenix roads
      Uber loses $1B in Q1 as revenue rises 20%
      GM, Bechtel to build EV charging stations in U.S.
      GM's Maven exits show tough road for mobility
    • Dealerships owned by ex-NFL stars face collapse, litigation
      Want a luxury car? Try a Kia
      Costly lesson of tortuous legal battle: Get it in writing
      Denny Hecker: A changed man?
    • FORD'S GALHOTRA: 'We have a lot of great product this year'
      FCA offer to Renault comes amid Nissan talent exodus
      Renault's Senard, the 'Anti-Ghosn,' is a stabilizing force
      Subaru's rapid growth spurs need for technicians
    • Access F&I
    • Fixed Ops Journal
    • Marketing
    • Used Cars
    • Sales
    • Best Practices
    • Dealership Buy/Sell
    • NADA
    • NADA Show
    • Automakers
    • Manufacturing
    • Suppliers
    • Regulations & Safety
    • Executives
    • Leading Woman Network
    • Guide to Economic Development
    • PACE Awards
    • CES
    • Management Briefing Seminars
    • World Congress
    • Auto Shows
      • Detroit Auto Show
      • New York Auto Show
      • Los Angeles Auto Show
      • Chicago Auto Show
      • Geneva Auto Show
      • Paris Auto Show
      • Frankfurt Auto Show
      • Toronto Auto Show
      • Tokyo Auto Show
      • Shanghai Auto Show
      • Beijing Auto Show
    • Future Product Pipeline
    • Photo Galleries
    • Car Cutaways
    • Design
  • OPINION
    • Blogs
    • Cartoons
    • Keith Crain
    • Automotive Views with Jason Stein
    • Columnists
    • Editorials
    • Letters to the Editor
    • Send us a Letter
    • Chevy's midengine Corvette: Pulling back the camo
      How Volvo picked its EV battery suppliers
      A peek inside Rivian's engineering, design center
      Why BMW and Daimler should extend EV ties
    • Safety now, self-driving later
      Can Ghosn get a fair trial?
      EV fever: I just don't get it
      The enduring value of relationships
    • Apr. 12, 2019: Right moves at the right time for Ford
      Mar. 15, 2019: Cadillac’s new vehicle names lead to confusion
      Feb. 22, 2019: Tesla goes from disruptor to disrupted
      Feb. 15, 2019: EV startup gets Amazon, GM interest
    • FCA plant deals no win for transparency
      FCA-Renault megamerger is born of desperation
      Dealers: Focus on experience, not price
      Toyoda's trade stand too polite for its own good
    • Remember dealers when cutting buyers' options
      Manley's outside hires will make FCA more competitive
      Dear automakers: Forget the bricks, focus on clicks
      Growing secrecy a setback for stakeholders
    • Dealer terminations are unforgivable
      Not everyone will see Tiger as a hero
      Why is Ford leaving car fans behind?
      High-riding pickups getting out of reach
  • DATA CENTER
  • VIDEO
    • AutoNews Now
    • First Shift
    • Special Video Reports
    • Weekend Drive
  • EVENTS & AWARDS
    • Events
    • Awards
    • World Congress
    • Retail Forum: NADA
    • Canada Congress
    • Marketing 360: L.A.
    • Leading Women Dallas
    • Europe Congress
    • Fixed Ops Journal Forum
    • Retail Forum: Chicago
    • Leading Women Conference Detroit
    • Retail Forum: Chicago
    • 100 Leading Woman
    • 40 Under 40 Retail
    • All-Stars
    • Best Dealership To Work For
    • PACE Awards
    • Rising Stars
    • Europe Rising Stars
  • JOBS
  • +MORE
    • Webinars
    • Leading Women Network
    • Custom Features
    • Classifieds
    • People on the Move
    • Newsletters
    • Contact Us
    • Media Kit
    • RSS Feeds
    • Ally: Do It Right
    • Guide To Economic Development
MENU
Breadcrumb
  1. Home
  2. FCA, Renault Proposed Merger
June 03, 2019 12:00 AM

Deal-making at Chrysler

  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    1925: Walter P. Chrysler reorganizes Maxwell Motor Co. into Chrysler Corp.

    1928: Chrysler acquires Dodge Bros.

    1950: Chrysler establishes Missile Division for engineering and production for the U.S. Army's Ordnance Guided Missile Center at the Redstone Arsenal.

    1959: Chrysler re-designates the project as the Space Division, and becomes Marshall Space Flight Center's prime contractor, designing fuel tanks for the Apollo program.

    1967: Chrysler expands to Europe, attaining majority stock in the British Rootes Group, Simca of France and Barreiros of Spain.

    1971: Chrysler buys 15% stake in Mitsubishi.

    1978: Chrysler sells Chrysler Europe assets to PSA Peugeot Citroen.

    1979: Congress approves Loan Guarantee Act with $1.5 billion in federal loans to Chrysler in the largest federal bailout at that time.

    1982: Chrysler sells its defense business to General Dynamics for less than $350 million.

    1984: Chrysler acquires stake in Maserati.

    1985: Chrysler buys Gulfstream Aerospace Corp. for $637 million.

    Photo

    1987: Chrysler buys American Motors, primarily from Renault, for $1.5 billion, gaining its profitable Jeep brand, assembly plants and ties to 1,400 dealers.

    1988: Chrysler and Mitsubishi begin Diamond-Star Motors, a joint venture factory in Normal, Ill.

    1989: Chrysler sells Gulfstream to buyout firm Forstmann Little & Co. for $850 million.

    1991: Chrysler sells its half of Diamond-Star to Mitsubishi.

    1993: Chrysler sells remaining Mitsubishi stock.

    1998: Daimler-Benz acquires Chrysler for $36 billion in largest acquisition of a U.S. company by a foreign buyer at that time.

    2000: DaimlerChrysler acquires one-third of Mitsubishi Motors Corp.

    2005: DaimlerChrysler sells its remaining Mitsubishi stock.

    2007: Daimler sells Chrysler to Cerberus Capital Management for $7.4 billion.

    2008: Chrysler and General Motors seek federal assistance to avoid bankruptcy. Congress balks, but the George W. Bush administration provides funding to keep automakers solvent until Barack Obama's inauguration.

    April 2009: Chrysler enters Chapter 11 bankruptcy to reorganize with the U.S. government's financial backing.

    June 2009: Chrysler emerges from bankruptcy, controlled by Fiat, with a UAW-administered Voluntary Employees' Beneficiary Association as its biggest shareholder.

    2014: Fiat acquires Chrysler's remaining shares, combining companies into FCA.

    Photo

    May 27, 2019: FCA proposes merger with Renault to form world's third-biggest automaker.

    Letter
    to the
    Editor

    Send us a letter

    Have an opinion about this story? Click here to submit a Letter to the Editor, and we may publish it in print.

    Digital Edition
    THIS WEEK'S EDITION
    See our archive
    Fixed Ops Journal
    Thumbnail
    Read the issue
    See our archive
    Get Free Newsletters

    Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Now

    Get access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news that's vital to your business.

    Subscribe Now
    Connect With Us
    • Facebook
    • Instagram
    • LinkedIn
    • Twitter

    Our Mission

    The Automotive News mission is to be the primary source of industry news, data and understanding for the industry's decision-makers interested in North America.

    AN-LOGO-BLUE
    Contact Us

    1155 Gratiot Avenue
    Detroit, Michigan
    48207-2997

    (877) 812-1584

    Email us

    Resources
    • About us
    • Contact Us
    • Media Kit
    • Subscribe
    • Manage your account
    • Reprints
    • Ad Choices Ad Choices
    • Sitemap
    Legal
    • Terms and Conditions
    • Privacy Policy
    Copyright © 1996-2019. Crain Communications, Inc. All Rights Reserved.
    • HOME
    • NEWS
      • Dealers
        • Access F&I
        • Fixed Ops Journal
        • Marketing
        • Used Cars
        • Sales
        • Best Practices
        • Dealership Buy/Sell
        • NADA
        • NADA Show
      • Automakers & Suppliers
        • Automakers
        • Manufacturing
        • Suppliers
        • Regulations & Safety
        • Executives
        • Leading Woman Network
        • Guide to Economic Development
        • PACE Awards
        • CES
        • Management Briefing Seminars
        • World Congress
      • News by Brand
      • Cars & Concepts
        • Auto Shows
          • Detroit Auto Show
          • New York Auto Show
          • Los Angeles Auto Show
          • Chicago Auto Show
          • Geneva Auto Show
          • Paris Auto Show
          • Frankfurt Auto Show
          • Toronto Auto Show
          • Tokyo Auto Show
          • Shanghai Auto Show
          • Beijing Auto Show
        • Future Product Pipeline
        • Photo Galleries
        • Car Cutaways
        • Design
      • Shift
      • Mobility Report
      • Special Reports
      • Digital Edition Archive
      • This Week's Issue
    • OPINION
      • Blogs
      • Cartoons
      • Keith Crain
      • Automotive Views with Jason Stein
      • Columnists
      • Editorials
      • Letters to the Editor
      • Send us a Letter
    • DATA CENTER
    • VIDEO
      • AutoNews Now
      • First Shift
      • Special Video Reports
      • Weekend Drive
    • EVENTS & AWARDS
      • Events
        • World Congress
        • Retail Forum: NADA
        • Canada Congress
        • Marketing 360: L.A.
        • Leading Women Dallas
        • Europe Congress
        • Fixed Ops Journal Forum
        • Retail Forum: Chicago
        • Leading Women Conference Detroit
        • Retail Forum: Chicago
      • Awards
        • 100 Leading Woman
        • 40 Under 40 Retail
        • All-Stars
        • Best Dealership To Work For
        • PACE Awards
        • Rising Stars
        • Europe Rising Stars
    • JOBS
    • +MORE
      • Webinars
      • Leading Women Network
      • Custom Features
        • Ally: Do It Right
        • Guide To Economic Development
      • Classifieds
      • People on the Move
      • Newsletters
      • Contact Us
      • Media Kit
      • RSS Feeds