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Current DateTime: 11:45:24 07 Nov 2009
LinksList Documentid: 30830730
Expiration DateTime: 11/7/2009 11:48:30 PM
    • Fiat's 5-Year Road Plan for Chrysler  05 Nov 2009

        Fiat said its 5-year road plan to turn around Chrysler will result in the doubling of revenue. "There is no alternative but for Chrysler to be ambitious at this point," Stefano Aversa, co-president of restructuring specialists Alix Partners, said Thursday. "They have plenty of cash."

    • Ford's Safer Seatbelt  05 Nov 2009

        Ford is unveiling its groundbreaking seat belt. CNBC's Phil LeBeau has the details.

    • Chrysler's Rebirth  05 Nov 2009

        Chrysler is kicking off its rebirth and hoping its new game plan will please the government as well as the industry. Mike Jackson, chairman and CEO of AutoNation, shares his insight.

    • Toyota Reports Surprise Profit, but Outlook Bumpy  05 Nov 2009

        Toyota's results blew past expectations Thursday. The Japanese automaker posted a surprise quarterly profit and halved its annual loss forecast. "Toyota is still making a loss. It's still going to face a very difficult future ahead," Graeme Maxton from The Insight Bureau said. "This doesn't mean that the auto sector has turned around."

    • Health-Check on Auto Industry  04 Nov 2009

        Given the shape of the auto industry globally, China is providing a large amount of relief to automakers, notes Mohit Arora, senior director for India at JD Power & Associates. He analyzes the health of the auto industry, with CNBC's Karen Tso.

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Current DateTime: 11:45:25 07 Nov 2009
LinksList Documentid: 30830722
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Behind The Wheel

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Sep.23
9:09 AM ET
Tuesday, 23 Sep 2008
Testing the Cars as Chrysler Goes Electric

Ladies and gentleman, there's a new team entering the great race in the auto industry to build the first mass market electric vehicle.

It's Chrysler.

Yes, Chrysler. After a year of being the subject of suggestions that the company has a weak product pipeline and lacks a growth plan, the country's #5 automaker is making a big splash showing some electric models it plans to roll out in 2010.

Yesterday, at Chrysler's headquarters in Auburn Hills, Michigan I had a chance to drive the Dodge sports car that is all-electric and frankly, a hell of a ride.

The prototype, called the Dodge EV, is powered by a lithium ion battery pack, re-charges through a home outlet, and can go 0-60 in under 5 seconds. Pushing the Dodge EV around Chrysler's test track, two things stood out: 1) It's a great ride for a prototype 2) Chrysler is determined to tell naysayers the company DOES have a plan for the future. (See the test drives in the video)

Chrysler CEO Bob Nardelli has heard the suggestion he's caretaker for an automaker being prepped for a sale. Yesterday as we drove around in a Jeep Wrangler extended range electric car (first 40 miles all-electric, then an internal combustion engine kicks in to power the electric motor and extend the range to 400 miles), Nardelli dismissed talk of Chrysler sliding into irrelevance. He admits sales have slumped because of a tough market overall, but he points to 28 new models coming out the next 5 years as proof his company is not sitting still.

Jeep Wrangler EV
Jeep Wrangler EV

But it's the electric cars that will get the most attention in the next couple of years. The Dodge EV I drove is a nice start. Yes, it's a prototype and there is still work to be done before it is close to hitting showrooms, but for a first drive I was very impressed. The acceleration, handling and feel of the car convinced me Chrysler has done it's homework.

Chrysler minivan EV
Chrysler minivan EV

We're a ways from seeing who wins the great electric car race among the large global automakers, but make no mistake, Chrysler is in the game.

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Dodge EV
Dodge EV


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