The marriage of Daimler and Chrysler didn't make it 10 years.
Daimler-Chrysler is selling the Chrysler division to a private equity firm for $7.5 billions. That's a big discount over what they paid for it almost 10 years ago.
Chrysler is released from Daimler-Chrysler because Daimler-Chrysler investors, namely European investors, had been pressuring the parent company to get rid of the money losing American division.
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