Chrysler Motors do Brasil Ltda (Chrysler of Brazil) was partly sold to Volkswagen in 1979, with Volkswagen purchasing the remainder the next year (1980).
In 1979, Volkswagenwerk AG acquired a 67% percent stake in Chrysler Motors do Brasil Ltda. In January 1980, it increased its shareholding to 100%, therefore giving it the right to rename the company to Volkswagen Caminhões Ltda.
Subject ID: 39125
MoreChrysler Motors do Brasil Ltda (Chrysler of Brazil) was partly sold to Volkswagen in 1979, with Volkswagen purchasing the remainder the next year (1980).
In 1979, Volkswagenwerk AG acquired a 67% percent stake in Chrysler Motors do Brasil Ltda. In January 1980, it increased its shareholding to 100%, therefore giving it the right to rename the company to Volkswagen Caminhões Ltda.
Subject ID: 39125
Subject ID: 39125