StaffAllpar HomeMore NewsCarsTrucksUpcomingRepairsTest drives

Cerberus to buy the rest of Chrysler from Daimler: no longer a rumor

by David Zatz on

According to Reuters, as quoted in Automotive News, Cerberus is planning to buy the remaining 19.9% of Chrysler from Daimler. The deal could be finalized by the end of October, and would be a strong vote of confidence in Chrysler’s future.

Daimler spokesman Han Tjan has confirmed that Daimler is talking with Cerberus about selling its remaining stake in Chrysler.

Know & Go screens
Employees created new FCA US app—first available to Ram TRX

Newest Ram Built to Serve models honor the U.S. Air Force

Former Ram chief engineer Michael J. Cairns

More Mopar Car
and Truck News

Some popular Allpar pages

Dodge Demon

2018 Wrangler JL

Staff details/contactsTerms of ServiceInformation is presented to the best of our knowledge. Plans change and sometimes mistakes are made. Decisions or purchases made based on this site's verbiage or images are done at the reader's own risk. Also see the Allpar News archives, 1997-2008 • Copyright © VerticalScope Inc. All rights reserved. • Mopar, Dodge, Jeep, Chrysler, HEMI, and certain other names are trademarks of Fiat Chrysler Automobiles.