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 Theatre General Motors Theatre General Motors Theatre (also known as CBC Theatre and General Motors Presents) was a Canadian television anthology series, which ran on CBC Television under its various titles from 1953 until 1961. First transmitted under the sponsored title on October 5, 1954, a new 60-minute drama would be presented each week. As suggested by the title, the programme was sponsored by the General Motors automobile company. It was effectively the same series as the unsponsored "CBC Theatre", which had run its first season from December 1, 1953 to April 20, 1954, with General Motors becoming title sponsor for