At one time Mercedes did own Chrysler from 1998 to 2007 when it sold it interest to a private equity firm in New York. The Italian automaker Fiat then bought a 25% interest in Chrysler and it is now called Chrysler Group LLC. Mercedes has no interest in Chrysler as of 2007.
-> Mercedes never owned over 49 % of Chrysler, but unfortunately Fiat now owns 51 %. So they are destroying the name Chrysler and Dodge in Europe and sell Chryslers as Lancias (cars with a very very very bad reputation in Europe and only bought by Italians) and now they replace Dodges with the Fiat name (even worse, reputation as Lancia, with a very bad reselling value, due to its bad quality (rust, mechanical etc.)). Fiat is responsible, that Chrysler only sells cars with less than 3 Litres engines in Europe, even as the buyers prefer those huge V8 5,7 and 6,4 Litres, Hemis and so and they do not want to buy neither a Lancia nor a Fiat.
Now (2012) Fiat starts to sell a Lancia as Dodge in America and I am sure, you will get your eyes opened about its quality. I am sure, this destroys the name Dodge im America, too, unfortunately.
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