In order to comply with tougher U.S. fuel economy standards proposed for 2025, Sergio Marchionne a.k.a. CEO of Chrysler and Fiat said that the manufacturer will build more hybrid vehicles. In an interview, Marchionne admitted that he has been skeptical of hybrids because building them costs a lot and they sell at low volumes.
Apparently, Marchionne has the same attitude regarding hybrid cars now but it appears they are the only solution in order to achieve the new U.S. fuel economy standards proposed for 2025.
"I have no other way of getting to 2025 numbers than by going to hybrids," he said. For those who don’t know, the Obama administration announced back in July that it plans to increase the standard for cars and light trucks to 54.5 mpg in the 2025 model year from 35.5 mpg in 2016. Currently, Chrysler is working on a hybrid version of the Chrysler 300 and the car will hit the dealerships in 2013.
Chrysler Group is also planning to offer a diesel-powered Jeep Grand Cherokee in 2013. What is more interesting is that most of the Chrysler, Dodge and Jeep models exported to Europe are diesel powered but none of them are being sold in the United States.
"The likelihood of that happening is uncertain, but I'm still hopeful that at least a sizable portion of the U.S. market will develop CNG capability. And we are ready," he said.
Chrysler has unveiled the new 2011 Chrysler 300 sedan to the global public at the 2011 North American International Auto Show (NAIAS) in Detroit, thereby making official its plans to offer an affordable, stylish and high-tech sedan laden with premium E-segment features. Essentially, the new 2011 Chrysler 300 sedan is a personification of the essence of the new Chrysler brand, which is delivering passion for design and people as well as the environment through state-of-the-art connectivity, emotional design and world-class quality and efficiency.
Olivier Francois, president and chief executive for the Chrysler Brand at Chrysler Group LLC, called the new 2011 Chrysler 300 as an icon of American ingenuity and a symbol of the greatness that Detroit-designed vehicles offer. He added that the new Chrysler 300 embodies the brand's new attitude with its premium materials, class-leading power, new chassis architecture and state-of-the-art connectivity features.
He noted that the Chrysler 300 team benchmarked the craftsmanship, technology and refinement of the best sedans in the segment to ensure the vehicle delivers not only bold and powerful American style, but world-class quality and performance at an attainable price. Building on over 55 years of stunning design and elegant proportions, the latest iteration of the Chrysler 300 features all-new front grille with seven deeply sculpted horizontal blades in liquid-chrome finish.
The chrome-finished blades and new Chrysler wing badge provide an elegant contrast against the sedan’s bright-chromed grille surround. These elements are flanked by signature "key slot" headlamps with a scalloped lower edge. Its bi-functional projector headlamps and LED daytime running lamps form a "C" shape that provides the new Chrysler 300 with a distinctive on-the-road presence.