By early 1979, Chrysler was really circling the drain. Lee Iacocca was in, the “too big to fail” government bailout loan wasn’t a sure thing, rebadged Simcas and Mitsubishis weren’t luring many subcompact shoppers into showrooms, and the front-wheel-drive K platform was still a couple of years from showrooms. Let’s follow up yesterday’s Chrysler Malaise Era Death Spiral Junkyard Find with the quasi-luxury car Chrysler hoped would help the company stagger, zombie-like, into the 1980s. (Read More…)
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