Struggling Chrysler Museum forced to shut down

| 5 Dec 2012

The Walter P Chrysler Museum in Auburn Hills, Michigan will close its doors for good at the end of this month after haemorrhaging millions of dollars.

Problems began when Chrysler faced bankruptcy in 2007 and the museum’s status was changed to an independent (rather than Chrysler-owned) non-profit organisation. The building was then leased back from the American manufacturer, but has since run at a loss, now totalling more than $7million.

Chrysler it to buy back the museum’s assets and its collection of more than 65 cars – including a 1902 Rambler Runabout Roadster and a 1934 Chrysler Airflow Sedan – with plans to re-open the museum for one-off events only.