Yup, the RAM brand spinoff is meant to facilitate the sale of the truck line should the need arise.
I never understood why failing companies sell off the profitable businesses and then spend the rest of their days circling the toilet trying to make the failing businesses work. International Harvester, Kodak, Chrysler all have, or are, doing this.
Yes, the profitable businesses have value that can raise way more cash than the failing businesses, but wouldn't it make more sense to just shutter the failing divisions, and concentrate on what's making money? Chrysler was making good money on the trucks and Jeep line, so quit making the junk cars and concentrate on what works!
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Today's Featured Article - An Old-Time Tractor Demonstration - by Kim Pratt. Sam was born in rural Kansas in 1926. His dad was a hard-working farmer and the children worked hard everyday to help ends meet. In the rural area he grew up in, the highlight of the week was Saturday when many people took a break from their work to go to town. It was on one such Saturday in the early 1940's when Sam was 16 years old that he ended up in Dennison, Kansas to watch a demonstration of a new tractor being put on by a local dealer. It was an Allis-Chalmers tractor dealership,
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