TRACINDA CORP
SC 13D/A, 1995-10-03
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<PAGE>
 
                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                            WASHINGTON, D. C.  20549

                                  SCHEDULE 13D

                   UNDER THE SECURITIES EXCHANGE ACT OF 1934
                              (AMENDMENT NO. 20)

                             CHRYSLER CORPORATION
- --------------------------------------------------------------------------------
                               (Name of Issuer)

                   COMMON STOCK, PAR VALUE $1.00 PER SHARE
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                  171196 10 8
- --------------------------------------------------------------------------------
                                 (CUSIP Number)
<TABLE> 
<CAPTION> 
<S>                                       <C>    
         STEPHEN FRAIDIN, P.C.                    STEPHEN D. SILBERT, ESQ.
FRIED, FRANK, HARRIS, SHRIVER & JACOBSON  CHRISTENSEN, WHITE, MILLER, FINK & JACOBS
           ONE NEW YORK PLAZA               2121 AVENUE OF THE STARS, 18TH FLOOR
        NEW YORK, NEW YORK 10004                LOS ANGELES, CALIFORNIA 90067
            (212) 859-81401                            (310) 553-3000
- -----------------------------------------------------------------------------------------
</TABLE> 

(Name, Address and Telephone Number of Person Authorized to Receive Notices and
Communications)

                                OCTOBER 2, 1995
- --------------------------------------------------------------------------------
            (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].

Check the following box if a fee is being paid with the statement [ ].  (A fee 
is not required only if the reporting person:  (1)  has a previous statement on
file reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)

NOTE:  Six copies of this statement, including all exhibits, should be filed
with the Commission.  See Rule 13d-1(a) for other parties to whom copies are to
be sent.
<PAGE>
 
     This Amendment No. 20 amends and supplements the Statement on Schedule 13D
(as previously amended, including pursuant to the Schedule 14D-1 and amendments
thereto previously filed by Tracinda Corporation, a Nevada corporation wholly
owned by Kirk Kerkorian, the "Schedule 13D"), relating to the common stock, par
value $1.00 per share (the "Shares"), of Chrysler Corporation, a Delaware
corporation (the "Company"), previously filed by Mr. Kerkorian, Tracinda
Corporation ("Tracinda"), Lee Iacocca and Alfred Boyer (the "Filing Persons").
Terms used and not defined in this Amendment have the meaning set forth in the
Schedule 13D.


     1.  Items 4 and 6 of the Schedule 13D are hereby amended to add the
following information:

           On October 2, 1995, Tracinda engaged Whitworth & Associates to act as
       an advisor in connection with Tracinda's investment in the Company.

     2.  Except as specifically provided herein, this Amendment does not modify
any of the information previously reported on the Schedule 13D.


                                   SIGNATURE
                                        
     After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

                                    TRACINDA CORPORATION


                                    By:       Anthony L. Mandekic
                                          -----------------------
                                    Name:  Anthony L. Mandekic
                                    Title:  Secretary/Treasurer


Date:  October 3, 1995



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