Chrysler’s new products ‘will put them in the marketplace like they’ve never been before’

Article by Christian Andrei, on August 29, 2010

US Transportation Secretary Ray LaHood praised Chrysler Group for its innovation and creativity, saying its product designs will "put them in the marketplace like they've never been before."

In a speech at the Detroit Auto Show, LaHood said that General Motors Co.'s plug-in electric Chevrolet Volt hybrid to be launched this fall would be the "kind of green car Americans are looking for."

LaHood has been very supportive, saying that the company has shown the "commitment and leadership to get the industry moving again for jobs."

It's notable that LaHood had a different approach used by President Barack Obama and former auto task force chief Steve Rattner in discussing GM and Chrysler under its pre-bankruptcy leadership last spring.

Since then, the administration has loaned the two automakers $60 billion, gained control of GM, and arranged an alliance between Chrysler and Fiat S.P.A.

When asked about Chrysler, LaHood said that he had been in talks with CEO Sergio Marchionne however he declined to provide details. Chrysler posted a 36% U.S. sales decline last year as its market share dropped by more than 2 points to 8.9%.

If you liked the article, share on:


Login or Create new account to add a comment!


Mitsubishi is now officially part of the Renault-Nissan alliance after Nissan took over the Japanese car company recently. We know a lot has been happening in the car industry, but...
by - October 24, 2016
Driving the newest 2017 BMW 5-Series (G30), Clive Owen (Closer, Children of Men) returns to his role as “The Driver”. In this latest installment, what initially starts as a simple...
by - October 24, 2016
Many had wished that a Lamborghini Huracán Superleggera would somehow make a surprise debut at the recently held Paris Motor Show. Sadly, not a single Lamborghini appeared anywhere in sight....
by - October 24, 2016
Aston Martin and Red Bull Racing teamed up for the first time in creating what looks like one of the most ferocious beasts in history. The British car manufacturer has...
by - October 24, 2016
German premium carmaker Audi is reportedly planning to buy back around 25,000 Audi Q7 SUVs powered by its 3.0-liter V6 TDI engine in the United States. The buyback should compensate...
by - October 24, 2016