Chrysler drops three electric vehicles despite having touted them to get billions in government bailout cash »

Posted By ameliog 1 week, 4 days ago in Business & Finance

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If you believed all the talk from Chrysler about how our tax dollars would help finance its fast-track electric-vehicle future, you're in for a big disappointment.

Chrysler has disbanded the engineering team that was trying to bring three electric models to market as a rush job, Automotive News reports today. Chrysler cited its devotion to electric vehicles as one of the key reasons why the Obama administration and Congress needed to give it $12.5 billion in bailout money, the News points out.

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    Icantwait1 week, 4 days ago

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    My Fellow Americans: Hey! it's just tax payers Money. Nothing to worry about it is not like O and his Boys came up with the Cash.

    Just part of the Hope and Change for the O Car Companies. He's got it all figured out. So, this year Chrysler and General Motors had a little slump. So, Ford made a profit, it would have done much better, if O and his Boys were ruining it. That's right not running it but ruining it.

    Fear not O will turn it around, just like he has the economy, just like he has the unemployment problem, just like he has the Afghanistan war. He will enlighten us all in his upcoming speeches as to how everything is turning around. Trust me he really knows what he is talking about. Can't do what he talks about but he really knows what he's talking about. The Real American

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    Dionys1 week, 4 days ago

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    Take back the money.

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      7thspages1 week, 3 days ago

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      Chrysler needs the money faster than taxpayers replenish the budget.

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