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The CARS Program was implemented by the Department of Trade and Industry in order to attract and encourage new car companies to produce vehicles in the Philippines [15] and stimulate demand and impose industry regulations that will restore the country's automotive industry, and make the country a regional automotive manufacturing hub, [16] and ...
Unusual (for an FWD car) in having a longitudinal engine mounting (to accommodate a future AWD version), it shared several parts with the Renault 25, and spawned a rebadged version named Dodge Monaco (1990–1992); this platform was the basis for the 1993 LH cars. [27] Eagle Vista (1988–1992) Two models were offered.
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The new "Eagle marketing umbrella" also marketed versions of vehicles produced by Diamond-Star Motors. [7] Chrysler hoped to make Jeep-Eagle their "specialty division," selling products distinctly different from the K-car-based products. The Eagle passenger cars were supposed to try to capture import buyers. [8]
The Medallion was launched as a 1988 Renault model before Chrysler's buyout of AMC and before the separate Eagle marque existed. [8] The new corporate owner waited until the beginning of the 1989 model year to rebrand the Medallion as an Eagle - Chrysler's first new brand since 1955, to avoid selling the Medallion under both the Renault and ...
An incentive package worth US$274 million, and an intense and controversial lobbying effort by state and local government authorities, meant that Illinois won the new auto plant, [6] and in April 1986 ground was broken on a 1,900,000 sq ft (180,000 m 2) production facility in the town of Normal.
The marketplace saw a downturn and all automakers began offering incentives to move inventory. At the beginning of the year, supplies of the Eagle Premier climbed up to 222 days and Chrysler gave a $1,000 discount to dealers on the invoice price, a $1,500 rebate to purchasers, and a $2,000 incentive to the dealer per car after their fourth sale ...
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