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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.
Chrysler was founded by Walter Chrysler on June 6, 1925, [1] when the Maxwell Motor Company (est. 1904) was re-organized into the Chrysler Corporation. [2]Walter Chrysler had originally arrived at the ailing Maxwell-Chalmers company in the early 1920s, having been hired to take over and overhaul the company's troubled operations just after a similar rescue job at the Willys car company.
Per the filing, the Stellantis board had 11 directors, six from PSA and five from Fiat Chrysler. [27] The new company's first CEO was Carlos Tavares, the former president of the PSA managing board, as well as former CEO of PSA Group, with a five-year term as Stellantis CEO. PSA shareholders paid a pre-merger premium to FCA shareholders.
Honestly, how can you not poke just a little fun at the name chosen for the new multi-national corporation that will result once the merger of Fiat Chrysler Automobiles (FCA) and Peugeot S.A ...
As of 2007, Chrysler employed over 1,600 people at the complex, moving those operations in mid-2009 to the Chrysler Technology Center. The property was put up for sale by Chrysler in early 2010. [176] It was bought by a local man who gutted the building for scrap and left it in a dilapidated state before losing it to foreclosure. [177]
Walter Percy Chrysler (April 2, 1875 – August 18, 1940) was an American industrial pioneer in the automotive industry, American automotive industry executive and the founder and namesake of American Chrysler Corporation.
The corporation was established by January 2012, when Fiat acquired a 58.5% stake of the Chrysler Group (which in 1998 to 2007 was part of DaimlerChrysler) and thus became, at that time, the 7th largest automaker (behind Toyota, General Motors, Volkswagen, Hyundai, Ford and Nissan).
In 1987, Chrysler bought AMC for $1.5 billion, with the Jeep brand as the crown jewel, and AMC became Jeep Eagle. Although that venture died around 10 years later, Jeep kept right on thriving.