Chrysler is an automotive brand of Stellantis. It was founded in 1925 from the remains of the Maxwell Motor Company. In 1998, it merged with Daimler-Benz. And then it was renamed DaimlerChrysler. But it was sold to Cerberus Capital Management in 2007. In 2014, it was acquired by Fiat S.p.A. In 2021, it became a subsidiary of Stellantis after the merger between FCA and PSA Group. Chrysler is headquartered in Auburn Hills, Michigan, United States.
Its first cars were launched by Maxwell Motors on January 5, 1924, at the New York Automobile Show. These cars were equipped with auto ports that had never been offered in a medium-priced car before. So they were popular with car buyers, and the total sales arrived at 32,000 in the first year. In 1926, it introduced the 70 named for its speed of 70 miles per hour. This marque came with an innovative rubber engine, spring mounts, and other durable auto parts. Introduced in the same year, the Imperial was Chrysler's top car for most of its history. Until 1954, it became a stand-alone brand. For several decades, the Imperial was the favorite choice of luxurious transportation for senior executives, government officials, royalty, and celebrities, because of its luxurious appearance and advanced parts.