Auto123.com - Helping you drive happy

Chrysler Riding High with Billions in Profits

|
Obtain the best financial rate for your car loan at Automobile En DirectTecnic
Khatir Soltani

While 2005 will only see five new models for Chrysler Group, which could make

Chrysler plans to set a record with 11 new model launches in 2006. (Photo: DaimlerChrysler Canada)
for less growth than 2004, everyone had better sit down for 2006 when the Auburn Hills outfit will set a record with 11 new model launches.

"In 2006, we'll aim to break the record for new vehicle launches we set last year," Zetsche added. "And our product pipeline beyond 2006 will also be full. We're not going to let up."

No wonder Zetsche is feeling bullish about Chrysler Group's future. Are you thinking that you should have bought stock in DCX a couple of years back? While the domestic automaker's fortunes may have risen recently, there's still time to buy into Mitsubishi Motors Corp. Go ahead and laugh. Everyone thought Chrysler was dead too... and Mazda... and Nissan...

Khatir Soltani
Khatir Soltani
Automotive expert
  • Over 8 years experience as a car reviewer
  • Over 50 test drives in the last year
  • Involved in discussions with virtually every auto manufacturer in Canada