Who owns chrysler corporation

Select personalised content. Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. The combination makes Stellantis the world's fourth-largest automobile maker, with 14 vehicle brands under one roof. It is not yet certain which of these brands will survive the merger.

It has been a long hard road for Chrysler, the company created in in Detroit by Walter P. The company mostly thrived as the third-ranked of the Big Three U. The company regained its footing but again entered bankruptcy in , in the midst of the financial crisis of It emerged under the ownership of the United Auto Works pension fund, the U.

Fiat eventually bought out its partners and the company was rebranded Fiat Chrysler Automobiles in In December , FCA signed a memorandum of understanding with PSA to which Chrysler Corporation offloaded its unprofitable European operations in for the two automakers to merge, with a tentative timetable of late or mid for the deal to close.

The still-to-be-named automaker will be the fourth largest in the world, and the expectation is some brands will go away. Chrysler could be one of them. Close Ad. Join MotorTrend.

A history of the automaker that has teetered on a financial cliff many times over the years. Chrysler is nominally controlled by Cerberus Capital Management , which acquired an See three Fiats you might like owning. Cerberus is already slated for dilution under the terms of the government bridge loan, agreed to in December. The bridge loan gives the U. As Fiat cruises into the ownership roundabout, Daimler is clearly looking for the exit. The German automaker owns a Negotiations begun by Cerberus back in September to purchase Daimler's stake broke down.

Type keyword s to search. Today's Top Stories. Future Cars Worth Waiting For: — Jeff Kowalsky via Getty. FCA and PSA Group have completed the merger announced in , creating Stellantis, now the fourth-biggest automaker in the world by volume.