The Taurus came out in 86 and beat the pants off every other front drive American car and some imports. Next to anything Chrysler was producing at the time, the Taurus was the superior automobile. I maintain my opinion that K-cars were stupid and the public didn't like them. If I'm wrong, explain why they were dead in 1989 right alongside the M-body they were supposed to replace. And the crap that came after the K-car didn't sell either.
As I remember, Chrysler's reputation didn't start recovering until the 1994 Ram update and the introduction of the LH platform(Intrepid, et al) around the same time. Jeep sales (high profit margin) most likely helped keep Chrysler relevant during that 87-93 time period when all Chrysler had to hang it's hat on was the Caravan and it's siblings. Although at the time of the Chrysler purchase of AMC, Chrysler was doing well and AMC was bleeding money.
Either way, it would have been nice to see Chrysler keep the Diplomat and/or Gran Fury alive. That's my main point. The platform was tossed aside by a short-sighted Iacocca who made some smart moves but just as many dumb ones. Imagine if the Diplomat had been kept alive and the M-body platform improved with technology like Ford's Panther platform (Crown Vic) and GM's B-body platform (which ultimately died itself but at one hell of a peak - 96 Impala SS and 9C1 anybody?).
Finally, my apologies to the OP because this thing has gone completely bananas.