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 railway station General Motors railway station General Motors is a disused railway station on the Pakenham line of the Melbourne suburban rail system. It is located between Dandenong and Hallam stations, in the suburb of Dandenong South. General Motors station was originally opened as a 'special platform' on 1 October 1956 to service the General Motors Holden car factory to the north. An alternate date for the opening is 18 November 1956. Work on the adjacent General Motors Holden factory commenced with the purchase of of land in 1951, construction commencing in 1955, and completed in 1956. Construction of the station was