History of Chrysler stake in the firm. Financial performance improved and Chrysler was generating a significant part of Daimler-Chrysler's profits from 2004 to 2005, as the other subsidiary, Mercedes-Benz, incurred costs for restructuring. By 2005, Chrysler was said to be the healthiest of the Detroit Three automakers (compared to General Motors and Ford Motor Company). As a result of Zetsche's apparent success in a turnaround of Chrysler, Juergen Schrempp, the CEO of parent company Daimler-Chrysler, was pressured to retire early. Zetsche was elevated to CEO of Daimler-Chrysler on January 1, 2006, and Thomas W. LaSorda became President and CEO of Chrysler Group. However,
General Motors EN-V General Motors EN-V General Motors EN-V (Electric Networked-Vehicle) is a 2-seat urban electric concept car jointly developed by Segway Inc. and General Motors that can be driven normally or operated autonomously. Designed for urban environments and around an extrapolation of the P.U.M.A. prototype announced by GM and Segway in 2009, the EN-V was unveiled at the joint GM & SAIC pavilion at the Expo 2010 in Shanghai from 1 May through 31 October 2010. Three different vehicles are showcased, 笑 "Xiao" (Laugh), 骄 "Jiao" (Pride) and 妙 "Miao" (Magic). In October 2011 General Motors announced its decision to develop a