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Only last August, Chrysler announced that it would pay more than $16 million to 38,600 people across the U.S. whose "brand-new" cars had in fact sometimes been test-driven hundreds of miles with the odometers disconnected. Now investigators have discovered that the giant automaker sold, bought back and then resold 392 defective cars in New York without telling their new owners about their mechanically troubled past. Under the state's so-called lemon law, automakers must notify the department of motor vehicles as well as any future buyers when they repurchase flawed automobiles...

Author: /time Magazine | Title: AUTOS: Well-Squeezed Lemons | 10/10/1988 | See Source »

...your mistakes, you don't suffer as much," advises Chrysler Chairman Lee Iacocca in his current best seller, Talking Straight. Last week Iacocca's company made good on its most infamous goof-up in years, the practice of test-driving some of its cars as far as 300 miles with their odometers disconnected and then selling the cars as brand...

Author: /time Magazine | Title: AUTOS: Honest Lee's Used Cars | 9/5/1988 | See Source »

Under a settlement filed in a St. Louis federal court, Chrysler will pay some 38,600 automobile owners at least $500 apiece from an initial fund of $16.3 million. The settlement concludes an investigation that began some two years ago, Iacocca writes, when a Chrysler executive in Missouri "tried to weasel out of a ticket by telling the officer that he didn't know how fast he was going because his speedometer was disconnected...

Author: /time Magazine | Title: AUTOS: Honest Lee's Used Cars | 9/5/1988 | See Source »

Cooney leaned out the window of the Chrysler, pointed the rifle in the driver's face and demanded his wallet. He then fired two shots into the side of the car, and the boys' luck ran out. The driver turned out to be an off- duty policeman. Ducking down, the officer drew his .38 pistol, stuck it out the window and fired five times. At least one shot hit Cooney square in the face. Four more bullets strafed the Chrysler as it sped away, Cooney dying in the front seat...

Author: /time Magazine | Title: Five Friends in a Car | 7/11/1988 | See Source »

Still thinking a cover-up possible, the panicked boys dumped Cooney's body in thick weeds and pledged one another to secrecy. They burned one boy's bloodstained clothing and somehow managed to get a replacement for the bullet- pocked rear window of the Chrysler. For almost three days, the boys acted as if nothing had happened, silent even in the face of Cooney's disappearance. Then Bootan told his girlfriend, who notified police. Bootan and Katanic were arrested on charges of armed robbery, attempted robbery and attempted murder. Brendan Moynihan, 16, and Danny Florio, 17, who reportedly cowered...

Author: /time Magazine | Title: Five Friends in a Car | 7/11/1988 | See Source »

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