Chrysler Corporation Bond

Description

Chrysler Corporation Bond
Chrysler Corporation Bond
l262
State: Delaware
Year:1973
Color: Pink
Size: 12in x 8in
Registered Bond. Neatly hole cancelled. Great graphics by Security-Columbian Banknote Company.
History:
The Chrysler Corporation was founded by Walter Chrysler in 1925, out of what remained of the Maxwell Motor Company. Chrysler greatly expanded in 1928 when it acquired the Fargo truck company and the Dodge Brothers Company and began selling vehicles under those brands; that same year it also established the Plymouth and DeSoto automobile brands. In the 1970s a number of factors including the 1973 Oil crisis impacted Chrysler's sales, and by the late 1970s, Chrysler was on the verge of bankruptcy. Lee Iacocca was brought in as CEO and is credited with returning the company to profitability in the 1980s. In 1987, Chrysler acquired American Motors Corporation, which brought the profitable Jeep brand under the Chrysler umbrella.
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