1979 Redux

This from a 1979 Time article about the first Chrysler bailout.

The company specializes in making larger cars, vans and recreational vehicles. Since the gas crisis started, sales of these relics have, in lacocca's words, "been dropping like a rock." In this year's second quarter, unit sales were down 28% at Chrysler, compared with 27% at Ford and 15% at General Motors.


Did they or GM or Ford learn anything. Was it really worth it?