You could say the exact same things about the George Forman Grill. That doesn't mean that's how most people eat thier dinner everyday.
I disagree with every thing you just said. The k was a piece of shit. It would have failed early, if the gov't hadn't bought millions of them, because they were not allowed to buy foriegn cars, and because they were trying to keep chrysler alive. Artificially.
This is not smaller, cheaper or more fuel efficent than what the japanese, and others were doing.
This is what Chrysler was offering in 1995:
This is what Honda was offering in 1995:
Better fuel economy, better perfomance, better reliablity, better cost, better quality, better, better, better, etc.
Lee Iakoka was a con man who scared the gov't to give him a giant, and illegal, bail out because Chrysler was "too big to fail". Sound familiar?