WebOct 28, 2024 · The seeds of a new luxury brand were sewn in 1926 with the Chrysler Imperial 80. Guaranteed to hit 80 miles per hour, it almost immediately set the 500-mile stock-car record as Floyd Clymer took one on a 700-mile run (only 200 miles were paved) at an average speed of 51.8 mph. The history of Chrysler involves engineering innovations, high finance, wide alternations of profits and losses, various mergers and acquisitions, and multinationalization. Chrysler, a large automobile manufacturer, was founded in the 1920s and continues under the name Stellantis North America.
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