The Mudcat Café TM
Thread #111653   Message #2357688
Posted By: pdq
04-Jun-08 - 07:24 PM
Thread Name: BS: If I Sound Predjudice......
Subject: RE: BS: If I Sound Predjudice......
Daimler-Benz bought Chrysler Corp. around 7MAY1998 for $36 billion. They sold it to a group in investors called Cerberus about 15MAY2007. They sold 80% for 7.4 billion. Obviously it was a poor investment, at least the raw numbers suggest that.

They did leave one minor gem. The Jeep Liberty was available with a Mercedes-Benz diesel engine around 2002-7. It has the potential to be a real long-lasting classic.