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Chrysler was founded by Walter Chrysler on June 6, 1925, [1] when the Maxwell Motor Company (est. 1904) was re-organized into the Chrysler Corporation. [2]Walter Chrysler had originally arrived at the ailing Maxwell-Chalmers company in the early 1920s, having been hired to take over and overhaul the company's troubled operations just after a similar rescue job at the Willys car company.
The Chrysler company was founded by Walter Chrysler on June 6, 1925, [12] [13] when the Maxwell Motor Company (est. 1904) was re-organized into the Chrysler Corporation. [14] [15] The company was headquartered in the Detroit enclave of Highland Park, [16] [17] [18] where it remained until completing the move to its present Auburn Hills location in 1996.
In addition to his namesake car company, Plymouth and DeSoto marques were created, and in 1928 Chrysler purchased Dodge Brothers and renamed it Dodge. The same year he financed the construction of the Chrysler Building in New York City, which was completed in 1930. Chrysler was named Time magazine's Man of the Year for 1928. [13]
The first Chrysler cars were introduced on January 5, 1924, at the New York Automobile Show – one year before Chrysler Corporation itself was created. These cars, launched by Maxwell Motors, had a new high-compression six-cylinder, a seven-bearing crankshaft, carburetor air cleaner, replaceable oil filter, and four-wheel hydraulic brakes.
The company responded to the increasing number of low-priced cars—including the $600 Ford Model N, the high-volume Oldsmobile Runabout at $650, [7] the $485 Brush Runabout, [8] the Black at $375, [9] the $500 Western Gale Model A, [10] and the bargain-basement Success an amazingly low $250 [7] —by introducing the Model 25, their cheapest four yet. [11]
Yes, Chrysler invented the minivan, but that was decades ago. A brilliant concept of design and packaging, the idea has long since been rejected by American buyers , looking to haul children and ...
In 1828, Ányos Jedlik, a Hungarian who invented an early electric motor, constructed a tiny model car powered by his new motor. [8] In 1834, Vermont blacksmith Thomas Davenport , the inventor of the first American DC electric motor , installed his motor in a small model car, which he operated on a short circular electrified track. [ 24 ]
The Chrysler Six was a series of cars that were all installed with the Chrysler Straight Six when the company assumed operations of the Maxwell Automobile Company in 1924, and Chalmers Automobile Company in 1926. The Chrysler Six initially consisted of several Models, then Series designations that originally declared the approximate top speed ...