Archive for the ‘Chrysler’ Category

The recently announced alliance with Fiat notwithstanding, Chrysler's current position in the market is regarded as precarious by buyers and analysts alike. New CEO Sergio Marchionne is more optimistic, however, stating that Chrysler will be profitable within the next two years.

Early next month Marchionne will divulge Chrysler’s five-year business plan, which he has revealed will include plans for a new initial public offering of stock as early as 2011. The plan will also lay out the schedule for Chrysler’s quarterly financial statements announcements, which the company now has to make because of its public ownership. Under the...

The low-riding, mean-looking, top-of-the-line Chrysler 300C SRT8 feels like a mature high-performance luxury sedan—big 6.1-liter V-8 under the hood; rich-sounding audio system inside, backed up when you need it by a punchy Kicker sub in the trunk; and classy, supple black leather seats with grippy, ventilated suede inserts.

Seems about the most refined and adult you can get without a walnut-trimmed drinks cabinet, cigar case, and Jeeves, right?

How about [drum roll] satellite TV entertainment?

Just when it seemed to good to be true, it was. You see, all that would tune in inside this sophisticated, high-performance, very adult sedan...

Chrysler is scheduled to unveil a new five-year business plan November 4 at its Auburn Hills headquarters, most likely outlining how the company will operate under the guidance of new CEO Sergio Marchionne and as a part of the Fiat Group corporate umbrella.

The next couple of years are crucial for Chrysler as they will determine whether or not the company can remain viable. Part of the plan will also likely include details of new model launches, of which Chrysler is planning a handful.

Major introductions include the next-generation Chrysler 300 sedan and 2011 Jeep Grand Cherokee SUV as well as five other facelifted models to be released...