The resurrection of the big three automakers [is it for real ?].

Posted on December 14th, 2008 in CA, California, California Electricity Rates, Chrysler, Electric Cars, Elon Musk, Ford, GM, General Motors, TARP, Tesla, Tesla Motors, bailout , , , , , , , , , , , ,

The US’s car companies – GM, Ford and Chrysler have been in trouble before. Notably Chrysler – back in the early 1980’s when they got a whopping $1.5 Billion dollar loan [Chrysler got the loan approved in 1979, and financed in early 1980] – and appointed Lee Iacocca as the Chairman/spokesman. Chrysler paid off the [...]

Published by Bapcha Murty // 2 Comments »

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