Monday, July 23, 2007

1925: last successful new American car maker

The Chrysler car company was founded by Walter P. Chrysler on June 6, 1925, when the Maxwell Motor Company was re-organized into the Chrysler Corporation. The company has had its ups and downs over the years, and is now at the end of a brief marriage with Daimler of Germany.

Other US car companies started after 1925, but none are still in business. DeLorean didn't make it. Neither did Tucker.

This fall, Tesla Motors will try. The gorgeous 2007 Tesla Roadster should accelerate, brake and handle like a high-end sports car, but it runs completely on electricity. It plugs into the wall for charging and is not a hybrid. Range should be about 250 miles. Price is just under $100,000. About 550 have already been reserved by customers. CLICK for more

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