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After nearly 10 years of irreconcilable differences, Daimler and Chrysler called it quits. They joined forces in 1998 in a $37 billion deal, but the marriage never worked. In 2007 Daimler sold 80% of Chrysler to Cerberus Capital Management for about $7.4 billion. Daimler's passenger car business, Mercedes-Benz Cars, includes the Mercedes, Maybach, and smart brands. Its Daimler Trucks North America unit is the US's #1 heavy-truck maker, and with its Fuso, Mercedes-Benz, and Sprinter brands, Daimler is the world's leading maker of commercial vehicles. The company controls a 15% stake in EADS, the European aerospace and defense consortium. Daimler gets about half of its sales in Europe.
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| | | Contact Information | |
Address: |
Mercedesstrasse 137
70327 Stuttgart, Germany
| | Phone: | +49-711-17-0 | | Fax: | +49-711-17-94116 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2008): | 133268.00 M | | Revenue Growth (1 yr): | (-8.30%) | | Employees (2008): | 273,216 | | Employee Growth (1 yr): | 0.30% |
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Key People
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Chairman Supervisory Board:
Manfred Bischoff
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Chairman Management Board and Head Mercedes Car Group:
Dieter Zetsche
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Management Board Member, Finance and Controlling, Financial:
Bodo Uebber
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