Thomas Niedermueller / Getty Images Europe

Chrysler CEO Tom LaSorda, left, Cerberus Chairman John Snow, DCX CEO Dieter Zetsche and DCX's Hartmut Schick meet in Stuttgart, Germany, on Monday. DCX picked Cerberus over offers from Magna and Blackstone/Centerbridge. See full image

Cerberus' deal to buy Chrysler

19.9%: Stake Daimler retains in Chrysler
$7.4B: Value of deal
$5B: Cerberus investment in Chrysler's auto business
$1.05B: Cerberus investment in Chrysler's finance business
$650M: What DCX will end up paying in the deal
$0: New Chrysler's debt
$19B: Long-term pension and health care liabilities that remain with Chrysler

Chrysler's fix-it plan

Cerberus is buying Chrysler as the automaker is restructuring to restore profits by 2009. Highlights of the turnaround plan:
Combine revenue gains with cost cuts to restore profits by 2008, targeting $4.5 billion in financial improvement.
Cut 11,000 factory jobs and 2,000 salaried positions, a total work force reduction of 16 percent, by 2009.
Reduce production capacity 400,000 units, by closing one factory and cutting output at two others.
Powertrain, stamping, component operations also lose jobs as capacity shrinks, including several Metro Detroit facilities.
Projects reduction in operating profits of about $300 million in 2007 as dealer inventories are cut to align with demand.
Reduce and optimize dealer network to improve dealer profits.
Reduce material costs by up to $1.5 billion by 2009.
Commit to exploring sale of support operations, including transportation services.
Continue Chrysler's product offensive through 2009, with more than 20 new vehicles and 13 refreshed models.
Expand company's market presence into new commercial vehicle segments.
Continue shift to be less reliant on trucks.
Invest $3 billion in new engines, transmissions, axles to improve fuel efficiency.
Target $5 billion more in purchasing through low-cost sources.
Source: Chrysler
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Audio: Analysis by Daniel Howes