CHRONOLOGY-Key dates in Chrysler's history

Tue Oct 14, 2008 2:30am IST
 
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Oct 13 (Reuters) - Chrysler LLC has held talks with General Motors Corp (GM.N: Quote, Profile, Research) about the possibility of a merger between the two U.S. automakers as both struggle to cut costs and shore up cash, people familiar with the talks have said. Chrysler has declined to comment, but Chief Executive Bob Nardelli has said the No. 3 automaker was talking to other parties about potential tie-ups. [ID:N13456304]

Following are key events in Chrysler's history:

1928 - Chrysler acquires Dodge Brothers

1971 - Chrysler buys a 15 percent stake in its Japanese partner, Mitsubishi Motors [MMOTH.UL], for $28.3 million. It sells off the equity over two decades

1978 - Chrysler sells its European operations to PSA Peugeot Citroen (PEUP.PA: Quote, Profile, Research)

1980 - U.S. President Jimmy Carter provides Chrysler with $1.5 billion in federal loan guarantees

1983 - Chrysler pays off the federal loan guarantees seven years ahead of schedule

1987 - Chrysler acquires American Motors Corp, then the fourth-largest U.S. automaker, for $800 million. The takeover puts the Jeep brand into Chrysler ownership

1991 - Chrysler sells its last remaining stake in Mitsubishi Motors  Continued...

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