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]
Detroit, 10:15 PM
Wed Jan 7
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