As if the auto industry's operations aren't bad enough, now it can't even get a closed acquisition right, as Cerberus now claims that Daimler misled them during the Chrysler deal.
As I like to say, litigation as a business strategy is never a good thing.
This story, however, permits me to re-visit my favorite joke -- albeit now dated -- on this company:
Q. How do you pronounce Daimler-Chrysler in German?
A. The "Chrysler" is silent.
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