Chrysler has disbanded a team of engineers dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars set as it was sliding toward bankruptcy and seeking government aid.
The move by Fiat SpA marks a major reversal for Chrysler, which had [...]
Reuters reports that Chrysler has disbanded its ENVI team, formed in 2007 to bring electric-drive vehicles and related advanced-propulsion technologies to market. (Earlier post.) At the North American International Auto Show in January 2009, Chrysler had introduced two new EV concepts and updates on three earlier EV concepts [...]
Chrysler’s worldwide product plan for 2010-2014 envisions a shift in its portfolio segment mix. Micro through mid-size vehicles will increase from 45% to 58% of volume, while large and full-size segments will decline from 55% to [...]
Chrysler’s new powertrain strategy is relying on the rapid transfer of Fiat Group technology for Multiair; Gasoline Direct Injection; turbocharging and alternative fuels to support rapid downsizing and improvement of [...]
Detroit -- When Washington bailed out General Motors and Chrysler, the Obama administration promised that government’s role would be to make loans to ensure that the companies became viable, profitable entities again. That promise was as believable as the idea that Washington can provide universal health care and cut federal [...]
