By Bradford Wernle, Automotive NewsDetroit, Illinois - It's official - the 1998 transatlantic merger that was supposed to change the auto industry has ended.Private equity firm Cerberus Capital Management LP took 80.1 percent ownership of the Chrysler group today. DaimlerChrysler retained 19.9 percent.Citing "highly volatile US credit markets," DaimlerChrysler said it would combine with Cerberus to loan Chrysler's automotive business $2000 million. DaimlerChrysler will provide $1500 million and Cerberus $500 million of that. A DaimlerChrysler statement said the loan is "a strong sign of its overall determination to make sure that, under the majority of Cerberus, Chrysler has a good start as a successful standalone car company."Tom LaSorda remains ceo of Chrysler. Bodo Uebber takes over purchasing for the German automaker, as LaSorda, Eric Ridenour and Tom Sidlik leave the board of management.Chrysler officials plan a celebration Mon 6 Aug, at its headquarters in Auburn Hills, Michigan to mark the change. A 15-story blue "Get Ready" banner was raised on the headquarters building on Thurs 2 Aug.DaimlerChrysler will continue to be known as DaimlerChrysler officially until a 4 Oct shareholders meeting in Stuttgart."