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 Canada Oshawa with Chevrolet motors and McLaughlin bodies. In 1918 he merged his company with it under the name General Motors of Canada Limited prior to his becoming director and vice president of General Motors on the approval of Durant, who was then president of General Motors and owner of the Chevrolet Motor Co. The Corporation moved people in 1918 after McLaughlin allied his Company with the Corporation unknown to Robert McLaughlin. The McLaughlins were given GM stocks for the propriortorship of the Canadian Company and $10,000,000 to build Walkerville and Canadian Products, but not ownership. GM Canada is a private