The Secretary of Transportation's Report to the Congress on the Long Term Viability of the Chrysler Corporation's Involvement in the Automotive Industry
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The Secretary of Transportation's Report to the Congress on the Long Term Viability of the Chrysler Corporation's Involvement in the Automotive Industry

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      AGR-IMPACTS-IMPACTS
    • Abstract:
      The Chrysler Corporation Loan Guarantee Act of 1979, under Sections 12. (a) and (d) of the Act, requires the Secretary of Transportation, after consulting with the Secretary of Energy and the Secretary of Labor, to conduct an assessment of the long-term viability of Chrysler's involvement in the automobile industry. This study is to assess the impact of likely energy trends and events of the automobile industry. The assessment is to include long-term capital requirements, the rates of productivity growth and technological change, shifting market characteristics, and the capability of the industry as a whole to respond to the requirements of the 1980's. Additionally, the Secretary is responsible for evaluating the adequacy of the automotive industry's existing structure to make necessary technological and corporate adjustments. An examination is also required of Chrysler Corporation's capability to produce, for sale, an automobile similar to those vehicles developed under the Research Safety Vehicle Program of the National Highway Traffic Safety Administration.
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