Monday, November 9, 2009

Chrysler Leaves United States In the Dust


While Chrysler refocuses its capital and development plans on the people of China, it leaves the United States scuttled in its wake.

In a recent statement, it said that electric vehicles would only represent 2% of its sales by 2014. So in a bold move, it is now the only top selling automaker in the U.S. without a hybrid offering.

Chrysler spokesperson Nick Cappa said on Friday that an in-house team of electric car development engineers had been disbanded in favor a more traditional organization.

This after the company took $12.5 billion from the U.S. taxpayer and another $70 million in grants from the Dept of Energy.

Chrysler again disappoints and finds itself on par with the Reserve Bank & friends' abuse of the U.S.A. and its diminishing financial and market oversight.

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