Chrysler, which was named after Walter Chrysler who founded the company in 1925, has endured as a corporate name for nearly a century and had survived previous mergers, including the failed DaimlerChrysler tie-up that ended in 2007. "Fiat Chrysler to Be Renamed Stellantis After Merger With PSA" at 5:23 p.m. ET on July 15, incorrectly said the merger failed in the early 2000s.