Chrysler made more money in the last 20 years than the other two members of the Big Three.
The public doesn’t know that because for the last 9 years, Daimler has sucked off any signs of profits from Chrysler and taken them back to the fatherland.
Remember, when Daimler “merged” with Chrysler, Chrysler had over $10 billion cash on hand. That is all gone.
I know a lot of people like to bash American cars, but this is a case where Chrysler’s quality exceeded Mercedes (another fact seldom reported).
The Germans loved treating Chrysler as the bastard child of the relationship, ladling all their ills on the Americans when it was Chrysler’s profits that propped up Mercedes for most of the 9 years they were together.
Let us never forget that Daimler never allowed Chrysler to use anything from Mercedes without a charge. Daimler forced Chrysler to purchase all new equipment from European companies with ties to Daimler shareholders instead of from the best companies at the lowest cost.
Yes, it is easy to beat up Chrysler. Believe me, some of the management is completely incompetent and they are saddled with a dinosaur union. However, Chrysler has produced some of the most innovative vehicles in the last 20 years and has risen from the ashes before.
Watch Chrysler Corporation LLC rise again.