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Allen Johnson's Mopar Dodge Avenger Pro Stock. Pro stock is a class of drag racing featuring "factory hot rods".The class is often described as "all motor", due to the cars not using any form of forced induction such as turbocharging or supercharging, or other enhancements, like nitrous oxide, along with regulations governing the modifications allowed to the engines and the types of bodies used.
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The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%.
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The terms saw Daimler pay Cerberus US$650 million to take Chrysler and associated liabilities off its hands. Of the US$7.4 billion purchase price, Cerberus Capital Management was to invest US$5 billion in Chrysler Holdings and US$1.05 billion in Chrysler's financial unit. The de-merged Daimler AG received US$1.35 billion directly from Cerberus ...
The Chrysler company was founded by Walter Chrysler on June 6, 1925, [12] [13] when the Maxwell Motor Company (est. 1904) was re-organized into the Chrysler Corporation. [14] [15] The company was headquartered in the Detroit enclave of Highland Park, [16] [17] [18] where it remained until completing the move to its present Auburn Hills location in 1996.
Results were dismal, [29] [30] and in late 1969, Chrysler announced it would henceforth market its Rootes and Simca products from its Chrysler-Plymouth Division. [31] The Simca 1204 was imported to the United States through 1971, marketed next to another captive import , the Plymouth Cricket , at its Plymouth dealerships.