Who founded the Chrysler Corporation in 1925?

Walter Chrysler founded the Chrysler Corporation in 1925. The company was formally created on June 6, 1925, when the Maxwell Motor Company was reorganized as Chrysler Corporation.

Chrysler had joined the troubled Maxwell-Chalmers operation after gaining a reputation for rescuing struggling automobile businesses. He had already introduced a Chrysler automobile in January 1924, and its engineering, performance, and relatively accessible price helped establish the new marque before the corporation was formed.

The corporation grew from Maxwell’s facilities and later expanded its portfolio. In 1928, Chrysler introduced Plymouth as a lower-priced brand and acquired Dodge Brothers, giving it a much larger position in the American market. Alfred P. Sloan was a major General Motors executive, Henry Leland founded Cadillac and Lincoln, and John Dodge co-founded Dodge Brothers; none founded Chrysler.