So, after Chrysler got those government-backed loans that saved the company in 1979— take note, members of the Iacocca Jihad, that I am not calling those loans a bailout (even though Uncle Sam would have been forced to cover them if Chrysler had failed), and thus you may rest easy that this writer is not lumping your favorite Italian-owned corporation in with the People’s Democratic Cadres’ Bailed-Out Motors Corporation— everything hinged on the K-platform cars being a success. And they were! (Read More…)
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