completion of its purchase of Chrysler is a milestone not only for
the U.S. car maker, but for the entire American auto industry. Chrysler this week became a wholly owned subsidiary of the Italian car giant.
Chrysler, a former train mechanic and General Motors executive, teamed with three
ex-Studebaker engineers to start the company in the 1920s. The goal: develop a state-of
the-art luxury car that average people could afford. By the eve of the Great
Depression, Chrysler has joined GM and Ford to become the Big Three.
decades to come, Chrysler would roll out some of the industry’s most stylish vehicles
and most recognizable brands, including DeSoto, Dodge and Plymouth. It also was
innovative, introducing glass that crumbles, rather than splinters, in 1933,
and helping popularize the classic American station wagon. Chrysler also went
through its struggles. President Jimmy Carter had to bail out the company with
a $1.5 billion loan in 1980, while in 2009 Chrysler went bankrupt, surviving
only because of a $4 billion government bailout and a subsequent deal by Fiat
to buy a controlling stake.
Here we look
back some of Chrysler’s most classic and popular cars.