Page "Maxwell automobile" Paragraph 6

In a short period of time, however, Maxwell over-extended and wound up deeply in debt with over half of their production unsold in the post World War I recession in 1920.

The following year, Walter P. Chrysler arranged to take a controlling interest in Maxwell.

Maxwell Motors was re-incorporated in West Virginia with Walter Chrysler as the chairman.

Around the same time that all of this was happening, Maxwell was also in the process of merging, awkwardly at best, with the ailing Chalmers Automobile Company.

Chalmers ceased production in late 1923.