DaimlerChrysler AG, formerly known as Chrysler Corp., is principally engaged in the design, manufacture and assembly of cars, trucks and related parts and the provision of consumer and dealer automotive financing. It possesses a vast wealth of knowhow and experience in traffic and transport systems and services. Having reduced its portfolio concentration, the group is active in the following areas: Passenger Cars; Commercial Vehicles; Aerospace Services; Rail Systems; Microelectronics; Diesel Engines.