Chrysler LH platform

The LH platform served as the basis for the Chrysler Concorde, Chrysler LHS, Chrysler 300M, Dodge Intrepid, Eagle Vision, and the final Chrysler New Yorker. A Plymouth to be called the "Accolade" was planned, but never saw production. The platform pioneered Chrysler's "cab-forward" design; featured on some Chrysler, Dodge, and Eagle cars in the 1990s and early 2000s.

As the 1990s dawned, Chrysler faced a renewed round of financial troubles. The US economy slipped into a recession following the 1987 Black Monday stock market crash and the Savings and Loan Crisis, but the company's main problems were due to a lack of engineering innovation and careless spending during the years of prosperity in the 80s. Most of Chrysler's lineup was based on the proven, but dated K-car platform, plus debt accumulated from expensive purchases including Italian automakers Lamborghini and Maserati, along with American Motors, and critics routinely criticized their inability to produce cars that were competitive with Japanese companies or Ford, which had just struck a coup-de-grace with the Taurus line.

It was also widely believed that Chairman Lee Iacocca had stayed at the helm of Chrysler too long. Thus, it was time for the automaker to make a fresh start for the 1990s. In 1992, Iacocca (who had just turned 68) was finally persuaded to retire. Although some suspected that he would turn the reins over to Bob Lutz, he instead designated the more conservative, straitlaced Bob Eaton as new chairman. With Chrysler facing an uncertain future at the time, engineering teams were allowed to explore new designs that had been largely discouraged under Iacocca's tenure.

...
Wikipedia