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Chrysler ran into financial troubles again as the 1990s started. Like GM, the company too had a stale model lineup (except for the best-selling minivans) that was largely based on the aging K-car platform. In 1992, chairman Lee Iacocca retired, and the company began a remarkable revival, introducing the new LH platform and "Cab-Forward" styling, along with a highly successful redesign of the full-sized Dodge Ram in 1994. Chrysler's minivans continued to dominate the market despite increasing competition. In 1998, Daimler-Benz (the parent company of Mercedes-Benz) merged with Chrysler. The following year, it was decided to retire Plymouth, which had been on a long decline since the 1970s. Ford continued to fare well in the 1990s, with the second and third generations of the Ford Taurus being named the best selling car in the United States from 1992 to 1996. However, the Taurus would be outsold and dethroned by the Toyota Camry starting in 1997, which became the best selling car in the United States for the rest of the decade and into the 2000s. Ford also introduced the Ford Explorer, 1991 being the first model year. Fords Explorer became the best selling SUV on the market; out selling both the Chevy Blazer and Jeep Cherokee

The 1990s (pronounced "nineteen-nineties"; shortened to "the ' 90s ") was a decade of the Gregorian calendar that began on 1 January 1990, and ended on 31 December 1999.

The 1990s were a relatively peaceful time of prosperity. For most of the 1990s, Bill Clinton was president, the first baby boomer to live in the White House as the commander-in-chief. The Berlin Wall, the prime symbol of the Cold War, fell in November 1989, and Germany was reunited in 1990 after 45 years of separation. The Cold War officially ended with the fall of the Soviet Union on Christmas Day 1991, and it seemed as if a new era had dawned.

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