What is the relation between 1. Daimler ,2 .Chrysler 3. Mercedes Benz?
October 30th, 2009 | by admin |Mercedes is sometimes said to be a Daimler Chrysler company. What does that mean? Is mercedes german or americal owned then? If it is owned by chrysler, how come they dont have any information of mercedes on chrysler website?
"Mercedes-Benz" is a brand name (make) of a luxury car. The company also builds medium-duty trucks. Both are built by Daimler-Benz, a German company based in Stuttgart, Germany.
DaimlerChrysler was the company resulting from a 1998 merger between daimler-Benz and Chrysler Corporation. That merger was undone with Chrysler’s troubles during the 2008 economic meltdown; as a condition of the U.S. government’s bailout, Chrysler had to find a merger partner; that partner is Fiat, an Italian carmaker.
Daimler-Benz (which I presume to be its current name post-daimlerchrysler), is also a holding company; they own, for example, truck builders such as Sterling and Freightliner.
2 Responses to “What is the relation between 1. Daimler ,2 .Chrysler 3. Mercedes Benz?”
By dieterzakas on Oct 30, 2009 | Reply
"Mercedes-Benz" is a brand name (make) of a luxury car. The company also builds medium-duty trucks. Both are built by Daimler-Benz, a German company based in Stuttgart, Germany.
DaimlerChrysler was the company resulting from a 1998 merger between Daimler-Benz and Chrysler Corporation. That merger was undone with Chrysler’s troubles during the 2008 economic meltdown; as a condition of the U.S. government’s bailout, Chrysler had to find a merger partner; that partner is Fiat, an Italian carmaker.
Daimler-Benz (which I presume to be its current name post-DaimlerChrysler), is also a holding company; they own, for example, truck builders such as Sterling and Freightliner.
References :
By dadeo@sbcglobal.net on Oct 30, 2009 | Reply
Daimler is a foreign car company owned by stock holders and run by a board of directors. They make Mercedes.
Chrysler is a domestic car company owned by a foreign car company and American taxpayers and run by a board of dictators.
They make deficit and debt.
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