|
Chrysler Group LLC (-enˈkraɪslərpron) is an American-based multinational automaker headquartered in the Detroit suburb of Auburn Hills, Michigan. Chrysler was first organized as the Chrysler Corporation in 1925.
On June 10, 2009, Chrysler LLC emerged from a Chapter 11 bankruptcy reorganization and substantially all of its operations were sold to a new company, Chrysler Group LLC, organized in alliance with the Italian automaker Fiat. Initially holding a 20% interest in Chrysler Group, Fiat's stake was increased to 53.5% (fully diluted) following acquisition of the equity interests held by the US Treasury (6% on 3 June 2011) and Canada (1.5% on 21 July 2011)
|
|
RSS
