| Walter Chrysler |
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Information AboutWalter Chrysler |
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He was born in Wamego, Kansas and grew up in Ellis, Kansas . He also lived in Oelwein, Iowa , where there is a small park dedicated to him. His automobile career began when the American Locomotive Company (ALCO) decided to diversify into the automobile business. Chrysler was the plant manager. ALCO had some racing success but less in the way of sales success. Chrysler saw the way things were going and took a job at the Buick Motor Company in 1911, two years before ALCO quit the automobile business. He resigned his job as president of Buick in 1919 and was hired by John Willys to run his Willys-Overland Motor Company in Toledo, Ohio , at a salary of $1 million dollars a year, an astonishing amount at that time. However, Chrysler tried to oust John Willys with an attempted takeover bid that backfired when the shareholders resisted his move and Chrysler left the company in 1921 following which he acquired a controlling interest in the ailing Maxwell Motor Company . Chrysler phased out Maxwell and absorbed it into his new firm, the Chrysler Corporation , in 1925. In addition to his namesake car company, Plymouth and DeSoto Marque s were created, and in 1928 Chrysler purchased Dodge . He financed the construction of the tallest Skyscraper in the world, which was christened the Chrysler Building and built in New York City . In 1928, Chrysler was named Time Magazine 's Man Of The Year . The Chrysler Corporation went through numerous changes over the years, with the Jeep and Eagle brands coming from the acquisition of American Motors . Despite the retirement of the Maxwell, DeSoto, AMC, Eagle, and Plymouth brands, Chrysler continued to be a part of Detroit 's Big Three until 1998, when the German company Daimler-Benz , the makers of Mercedes-Benz automobiles, decided to Merge with the company to form a new car company, DaimlerChrysler . Walter Chrysler's autobiography was titled ''The Life of an American Workman''. He is buried at Sleepy Hollow Cemetery in Sleepy Hollow , New York . EXTERNAL LINKS
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