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When did Chrysler buy Dodge?

I’ve always been a huge fan of Chrysler-Dodge. However, I never thought about when the two companies came together; they’ve always been synonymous to me. When was Dodge purchased by Chrysler?

avatar
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Chrysler bought Dodge in 1928 for a whopping $170 million—the largest acquisition of one company by another in the history of the world. Following the purchase,
Chrysler
became the world’s third-largest automaker, trailing only
Ford
and GM in the process.
The purchase was half business savviness by Chrysler owner Walter Percy Chrysler and half tragedy. Both of the Dodge brothers—who were the original founders of the company—passed away within months of each other, leaving the future of the company in limbo.
With the purchase, both the Dodge and Chrysler names have lived on and remain one of the most well-known automotive companies in the world—even nearly 100 years removed from the acquisition.
Today, Dodge’s headquarters can be found in
Auburn Hills
, Michigan, just 30 minutes away from the original Dodge Brothers Company that used to be in
Detroit
.
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