Daimler AG began to take shape
Daimler Chrysler AG is dead, long live Daimler AG! Unsubscribe Daimler name Chrysler AG recently decided to Berlin, by a vote of shareholders who have supported the transition to the name of Daimler AG. Change occurred after Daimler Chrysler finalizes sale Chrysler to fund Cerberus Capital Management in New York. Refusing to comment on sale Chrysler, Dieter Zetsche (pictured), the German concern's president said only that the name change will cost the company about 100 million dollars, following the procedure to be completed in April 2008. Besides the changes entail the sale Chrysler The reason of adopting the name Daimler is given and the decision of management to create a clear distinction between the company and the products (brands) her. Daimler AG has in its portfolio the following brands: Mercedes-Benz, May Bach, Smart, AMG, Freight liner, Sterling, Western Star, Detroit Diesel, Setra, Thomas Built Buses, Orion, and Mitsubishi Fuso. Interestingly enough, to get the right to use the name Daimler, the company had to pay 20 million dollars to ... Ford and Jaguar.
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