Re: Any Chrysler Fans out there?
Chrysler Marine's problems wasn't with support from what we have seen. The real reason Chrysler sold off the marine divisions was Iacocca made a deal with the US government for the gov.loans ( remember that? ) and part of the solution to pay back the loan and save the Corp. was to sell off the divisions that were making money, So the Marine divisions, were put up for sale, as was the Tank plant, and anything else that had a value. It took till late 83 for Chrysler to sell off the Outboard division to US Marine and it was official in Jan 84. As far as could they return to the marine business, I have to believe there was some kind of time limit in their sale agreements but who knows what that would be.. Unlike the NASCAR deal where they just decided to Not participate, there must have been legal agreements which might keep them from returning to the market.