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Did Chrysler ever pay back any of the money they got from Jimmy Carter when he
- Thread starter Jay
- Start date
The loans were, in fact, repaid early with interest. But don't expect that scenario this time. The only way Chrysler was able to accomplish that feet is by convincing the Federal government to buy thousands of Chrysler vehicles (mostly K-cars) as a way of ensuring the deal would be successful. Also, US labor costs were somewhat competitive against most countries with the ability to mass produce and market vehicles globally. This is no longer true. China has labor cost that are a tiny fraction of US and European labor costs. Even India is throwing it's name in the hat with it's new line of Ta Ta cars. Starting price for the Indian street legal version? $2500. It's a very different world.
I
imported_LRP
Guest
The loans were, in fact, repaid early with interest. But don't expect that scenario this time. The only way Chrysler was able to accomplish that feet is by convincing the Federal government to buy thousands of Chrysler vehicles (mostly K-cars) as a way of ensuring the deal would be successful. Also, US labor costs were somewhat competitive against most countries with the ability to mass produce and market vehicles globally. This is no longer true. China has labor cost that are a tiny fraction of US and European labor costs. Even India is throwing it's name in the hat with it's new line of Ta Ta cars. Starting price for the Indian street legal version? $2500. It's a very different world.
REPUBLIC 2012
New member
Not sure...but my $7000 of taxes in a city of 1,000,000 or $7,000,000,000 in taxes....this year alone....
And we have 1/4 of a mile of paved highway.
And we have 1/4 of a mile of paved highway.