 But Chrysler subsequently merged with Daimler-Benz in 1998 and folded into DaimlerChrysler.DaimlerChrysler eventually sold most of their interest in Chrysler to a private equity company in 2007.Chrysler and the Jeep division operated under Chrysler Group LLC, until December 15, 2014, when Chrysler folded into Fiat Chrysler Automobiles, with the stateside division operating under 'FCA US LLC'.