Face it boys,, the end is near.....................
The new Cherokee is already Fiat based. It's also uglier than a war wound.
True story...but there was no funeral...The end of what? Chrysler? The Chrysler Corporation ceased to exist in 1998 when Daimler Benz bought it. In fact, if you really want to get down to brass tax, you could say that Chrysler officially ended in 1979 when they were bailed out by the government....the first time around. Chrysler never stood on its own since. Certainly you could pronounce it dead in 1998.
I think if I ever own a Fiat, and I won't, might's well .........................
The end of what? Chrysler? The Chrysler Corporation ceased to exist in 1998 when Daimler Benz bought it. In fact, if you really want to get down to brass tax, you could say that Chrysler officially ended in 1979 when they were bailed out by the government....the first time around. Chrysler never stood on its own since. Certainly you could pronounce it dead in 1998.
Actually if you know your chrysler history well enough back when iacocca took the reigns at chrysler and turned it around he never asked for a b@il out. A bail out would suggest free government cash that would not have to be paid back.
On the contrary, he went in front of a government panel several times to make the case for a loan from the government which had to be payed back with interest. He had to prove that chrysler would use the money wisely and develop fuel efficient cars etc. i believe the first of these loans started sometime in 1981
In 1985 chrysler paid back the entirety of the loan and interest owed the the federal government in one large check. Supposedly nobody had never done this before and they didnt know how to cash it. Being the government is money hungry im sure they quickly figured out a way tho.
whatever it takes to keep people employed and company profitable ... we do not want another down turn in economy ..