Daimler has said its former US unit Chrysler has drawn down a US$2bn credit line.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


A Daimler spokesman told Dow Jones Daimler’s share was $1.5bn, with new Chrysler owner Cerberus Capital Management accounting for $500m.


The credit line was agreed as part of Daimler’s sale of a 80.1% stake in Chrysler to Cerberus last year, the report noted.

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now