But, alas, since then, Chrysler went bankrupt and it seems the company's relationship with Hughes soured. In an official statement Hughes tells Autoblog:
New Chrysler introduced additional business terms that were not part of either the prior business discussions or the original arrangement. As a result, we reached an impasse in the negotiations and are ceasing our work with new Chrysler to deploy our hardware and launch our services with them in the fourth quarter of 2009, as was previously planned.That's okay, Hughes says, because they still have Mercedes-Benz as a customer, and they don't need Chrysler anymore. We're not financial experts by any means, but as we stumbled through the SEC report, it was obvious Hughes had invested a lot of time, money and emotions into making things work with Chrysler and that it might take a while to get over losing the bond they once cherished.
In any case, you can read the SEC filing for yourself here or check out Hughes' full official statement to Autoblog after the jump. Thanks for the tip, MBAcurafan!