1998 : Daimler Benz and Chrysler Merge

When:
May 7, 2020 all-day
2020-05-07T00:00:00-04:00
2020-05-08T00:00:00-04:00

On May 7, 1998, Daimler Benz and Chrysler Corporation announced their “merger of equals.” The value of the combined automotive companies of $92 billion at the time of the merger was historic — the largest industrial coupling ever.

On August 3, 2007, DaimlerChrysler completed the sale of Chrysler Group to Cerberus Capital Management.

Source : Detroit Historical Society Facebook Page and Daimler AG wikipedia page.

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