Clouds are reflected on a Chrysler PT Cruiser at a Chrysler dealership in Rome April 30, 2009. Chrysler LLC rushed to clinch a deal on Thursday to stave off collapse ahead of a midnight deadline imposed on the No. 3 U.S. automaker by the Obama administration.
A History of Resilience Chrysler was founded in the mid-1920s by Walter Chrysler and quickly grew into the nation's second-biggest automaker. Here's a look at the company's history since its previous federal rescue.