Timeline November 1998

Events in November 1998 2

• 1998 Hurricane Mitch devastates Central America One of the deadliest Atlantic hurricanes on record Hurricane Mitch struck Central America from late October into early November 1998, killing more than 11,000 people, mostly in Honduras and Nicaragua, through catastrophic flooding and mudslides. It set back the region's economic development by years and remains one of the deadliest Atlantic hurricanes on record.
• 1998 Daimler-Benz and Chrysler merge Creates DaimlerChrysler in largest industrial merger to date German automaker Daimler-Benz and American manufacturer Chrysler completed a $36 billion merger on 17 November 1998, forming DaimlerChrysler in what was then the largest industrial merger in history. The transatlantic combination was billed as a merger of equals but was later widely viewed as a takeover; the companies demerged in 2007.