Timeline Tuesday 17 November 1998

Events on Tuesday 17 November 1998 1

• 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.