It entered a joint manufacturing venture with France's Renault in the late 1970s, but left it in the 1980s, due to the assassination of Georges Besse, a Renault executive in support of the cooperarion, by a [[Communist]] terror group. Chrysler also became successful enough during America's truck-crazy days for Germany's Daimler-Benz to buy it for $40 billion in 1998. In 2007 the Germans, having lost heavily, sold Chrysler Cerberus Capital Management, a Wall Street investment firm. Losses have escalated. | It entered a joint manufacturing venture with France's Renault in the late 1970s, but left it in the 1980s, due to the assassination of Georges Besse, a Renault executive in support of the cooperarion, by a [[Communist]] terror group. Chrysler also became successful enough during America's truck-crazy days for Germany's Daimler-Benz to buy it for $40 billion in 1998. In 2007 the Germans, having lost heavily, sold Chrysler Cerberus Capital Management, a Wall Street investment firm. Losses have escalated. |