Chrysler's History and Current Situation

Chrysler, as one of the three major auto giants in Detroit, has a history of nearly 100 years since it was founded by Walter Chrysler in 1925. In 2009, affected by the financial crisis, Chrysler was on the verge of bankruptcy and was later acquired by Italy's Fiat Automobile. In 2014, Fiat completely acquired Chrysler and merged it with its own business to form Fiat Chrysler (FCA). In 2021, FCA merged with PSA Peugeot Citroen to become the Stellantis Group, which owns several well-known automobile brands.