#11
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Chrysler did go Chapter 11 Bankruptcy back in April 2009 which was caused by The Great Recession |
#12
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My point was that perhaps Chrysler Corp was watching every penny based on the inferences of that bulletin, but the truth is that Chrysler was bleeding cash because it didn't watch every penny. Look at the 1970 performance offerings and how many options were available for, let's say, the Barracuda, and how many are quite rare. And in 1971 they continued to pretend the market was strong when other manufacturers were paring back. How many E-bodys were they building during this time? The investment made did not pan out.
And then if you read the reports in the automotive press back in the day, Chrysler was famous for sending unwanted cars from its sales bank to dealerships. None of this was "watching every penny." By the end of the decade, the operation couldn't sustain itself anymore. Anyway, it seems that your bone to pick is with my choice of words, and that's valid. |
#13
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That's why John Z. DeLorean was moved over from Pontiac to Chevrolet: to pare down the options and stop the red ink. The US car manufacturers were being attacked by the foreign car OEMs and were losing serious sales to them. It became a downhill snowball that got bigger over time and affected each at a different point in time with the culmination being The Great Recession. |
#14
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But the thing with pony cars, as pioneered by the Mustang, was an arm's length list of options to choose from.
Chrysler's problem was it was late to the game, and that it was in no financial shape to sustain the kind of business that it was promoting at the time. Look at the 1970.5 Camaro and you'll see that its option list was kept tidy in comparison. The 1971 Mustang seems to be similar in that regard. |
#15
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1971 Mustang: first time Power Windows are offered in a Mustang. |
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