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,
Chrysler Sigma power and torque of . According to Chrysler, this made it the most powerful four-cylinder engine sold in Australia at the time. On 28 April 1980, Chrysler unveiled the GH Sigma in Brisbane. Then on 30 April, Mitsubishi Corporation and Mitsubishi Motors jointly acquired Chrysler's remaining 65 percent share of Chrysler Australia (bringing the dual Mitsubishi ownership to 98.9 percent). On 1 October 1980, the GH range was rebadged from Chrysler Sigma to Mitsubishi Sigma, due to the renaming of Chrysler Australia to Mitsubishi Motors Australia (MMAL) following the buy-out. Released to the market on 12 May, the GH series