Chrysler Canada Incorporated is Chrysler's Canadian subsidiary. Incorporated in 1925, the Chrysler Corporation of Canada gained complete control of a Maxwell-Chalmers plant in Windsor Ontario that had been used to manufacture some Chrysler models in the previous year. Initially called Chrysler Canada, Ltd, the name of the company changed to DaimlerChrysler Canada Inc following the merger of the two parent companies. In August 2007, the company was renamed Chrysler Canada Incorporated when Cerberus Capital Management purchased 80.1% of its parent company Chrysler LLC.
Chrysler Canada has three manufacturing plants in operation in Canada, and built 535,878 cars and trucks in 2002. In 2007 the company sold 232,688 vehicles in the Canadian market. In 2011 Chrysler Canada is number two in sales volume in the Canadian market, slightly edging out Ford. However, in the first two month of 2012, Chrysler took over the lead and became Canada's best selling car manufacturer.
Famous quotes containing the word canada:
“Though the words Canada East on the map stretch over many rivers and lakes and unexplored wildernesses, the actual Canada, which might be the colored portion of the map, is but a little clearing on the banks of the river, which one of those syllables would more than cover.”
—Henry David Thoreau (1817–1862)