Speculation No More! Chrysler Group Sold To Cerberus Capital Management!

DaimlerChrysler confirmed today it would no longer be known as the German-American hybrid as they've now confirmed they've sold off 80.1% of the 'merican side for $7.4 billion to Wolfgang Bernhard Cerberus Capital Management.

Chrysler Group to Be Sold for $7.4 Billion [NYT]

Related:
All of our Chrysler Group Sales Speculation coverage [internal]