Business
Chrysler gears up for a full makeover
Posted:  11/07/2009 9:00 PM
The Associated Press, The Washington Post and automotive writer Terry Box contributed to this report. |

Chrysler, the domestic automaker that has come closer to extinction than any of its rivals, fully intends to become a "great public company" again.A five-year, $23 billion plan to save the ailing company calls for overhauling or replacing all Chrysler, Dodge and Jeep models by 2014. Chrysler will also save money by combining purchasing and engineering with Fiat and using the Italian automaker's smaller, more fuel-efficient designs to replace aging Chrysler vehicles.

Chrysler leaders vow that the company nameplate will once again stand for quality. They plan a new seven-passenger crossover vehicle, mini-car, compact and other models with crisp handling, quiet rides, better fuel efficiency and more luxurious interiors. " src="http://www.wfaa.com/sharedcontent/dws/img/v3/11-07-2009.NB_07chrysler1.GNI2NEUS2.1.jpg" onclick="return clickedImage(this);" height="107" onmouseover=" this.style.cursor='hand'" width="175" alt="Photos by MARK ROGERS/Special Contributor"> Photos by MARK ROGERS/Special Contributor Chrysler leaders vow that the company nameplate will once again stand for quality.