Saturday, September 26, 2009

Chrysler Working out it's Long term Plan

Chrysler group mulls how to make most of Fiat's technology

The Chrysler Group LLC board met in Auburn Hills on Friday to figure out how best to use Fiat engineering and technology to make future products such as midsize sedans -- and where.

The nine-member board is to provide a report to the U.S. auto task force next week.

A person familiar with the board's agenda said it included addressing the struggling sales of Chrysler's midsize sedans -- a key segment because of its volume -- and the development of replacement vehicles that will be built from Fiat engineering and components. The midsize Chrysler Sebring and Dodge Avenger, combined, have been outsold by almost 200,000 Toyota Camrys so far this year.-- More

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