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Economy

bucolic_frolic

(47,925 posts)

3. In the 60s Chrysler was always vulnerable to recession

Reply to mahatmakanejeeves (Original post)

Mon Dec 2, 2024, 09:07 PM

Dec 2

because their technology was somewhat inferior and less reliable, so they sold for a few hundred dollars less than competitors, and that attracted people less able to pay for them and more in need of financing, who were also vulnerable to recession.

I don't know if that describes the current predicament.

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Stellantis CEO Carlos Tavares steps down as carmaker continues struggle with slumping sales [View all] mahatmakanejeeves Dec 1 OP

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In the 60s Chrysler was always vulnerable to recession bucolic_frolic Dec 2 #3