In 1998, Chrysler Corporation entered a new phase in its history
Posted: Mon Jan 06, 2025 4:27 am
In 1925, the brothers' widows sold the Dodge Brothers Motor Company to the investment group Dillon, Read & Co. for $146 million, one of the most significant transactions in the automotive industry.
Just three years later, in 1928, Dodge was sold again to the newly formed Chrysler Corporation in a stock transfer for $170 million. Under Chrysler's ownership, the Dodge brand continued to evolve, maintaining its reputation for producing reliable, powerful vehicles.
Chrysler
The acquisition of Dodge by Chrysler Corporation i sao tome and principe email list n 1928 marked a significant turning point in the history of both companies. Dodge, already a well-established and respected brand known for its durable and powerful vehicles, added significant value to Chrysler, significantly increasing sales and revenue.
by merging with German automaker Daimler-Benz AG, forming DaimlerChrysler. This merger was initially hailed as a strategic alliance that would create a global automotive powerhouse, combining the strengths of Chrysler's American brands, including Dodge, with Daimler-Benz's luxury brand, Mercedes-Benz. The merger was intended to exploit synergies in design, manufacturing, and global market presence.
Just three years later, in 1928, Dodge was sold again to the newly formed Chrysler Corporation in a stock transfer for $170 million. Under Chrysler's ownership, the Dodge brand continued to evolve, maintaining its reputation for producing reliable, powerful vehicles.
Chrysler
The acquisition of Dodge by Chrysler Corporation i sao tome and principe email list n 1928 marked a significant turning point in the history of both companies. Dodge, already a well-established and respected brand known for its durable and powerful vehicles, added significant value to Chrysler, significantly increasing sales and revenue.
by merging with German automaker Daimler-Benz AG, forming DaimlerChrysler. This merger was initially hailed as a strategic alliance that would create a global automotive powerhouse, combining the strengths of Chrysler's American brands, including Dodge, with Daimler-Benz's luxury brand, Mercedes-Benz. The merger was intended to exploit synergies in design, manufacturing, and global market presence.