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

Article by Christian A., 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:

Comments

Recommended

Mitsubishi finally introduces the new Xpander MPV at the 2017 Indonesia International Auto Show in Jakarta Indonesia. Replacing the previous Expander, the new multipurpose vehicle will be mostly sold at...
by - August 16, 2017
Infiniti revealed its retro Prototype 9 race car before its slated debut at 2017 Pebble Beach Concours d'Elegance next week. In a recent press release, the company not only disclosed...
by - August 16, 2017
In the United States, not many automakers offer crossovers with a diesel engine option, but Chevrolet does, with their 2018 Equinox. Those who opt for this engine will get some...
by - August 16, 2017
Here are some things that potential buyers of the Ford F-150 and Ford Expedition could look forward to for the 2018 model year. The 2018 models of the F-150 pickup...
by - August 15, 2017
We first saw the McLaren 720S earlier this year when it made its debut at the Geneva Motor Show, and we all agree that it is a beautiful car. But...
by - August 15, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries