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Chrysler Introduces 2011 Extended Range-Electric Vehicle Line Up

In addition to the Viper look a-like Dodge EV introduced this morning on CNBC [which we posted on here], Chrysler also revealed two other extended-range electric vehicles: the Chrysler Town and Country EV, and the Jeep EV Chrysler. CEO Bob Nardelli confirmed that one of the three vehicles introduced will being production in 2010, though he didn’t reveal which one - suspense that provides the perfect betting statistics with which to bide our time before NBA March Madness begins.

View gallery and press release after the jump
[via autobloggreen.com]

Press Release [Source, Chrysler]:
Chrysler LLC Surges Forward with Production-intent Electric Vehicles

Company Introduces Three Advanced Electric-drive Vehicle Prototypes

* One targeted to be produced in 2010 for consumers in North American markets, and European markets after 2010
* Chrysler LLC to have approximately 100 electric vehicles on the road in government, business, utility and development fleets in 2009
* Chrysler electric-drive technology to be applied to front-wheel-drive, rear-wheel-drive, and body-on-frame four-wheel-drive platforms
* Dodge EV: All-electric Performance Sports Car
* Jeep® EV: Wrangler Range-extended Electric Vehicle to allow customers to roam the planet and take care of it at the same time
* Chrysler EV: Town & Country Range-extended Electric Vehicle
* Chrysler and General Electric pursue joint project with U.S. Department of Energy

Auburn Hills, Mich., Sep 23, 2008 - Actions speak louder than words.

Chrysler LLC announced today that the Company and its ENVI organization have new production-intent, advanced electric-drive technology packaged in three different vehicles – one for each of its brands, Chrysler, Jeep® and Dodge.

Chrysler will select one electric-drive model to be produced in 2010 for consumers in North American markets, and European markets after 2010. Additionally, approximately 100 Chrysler electric vehicles will be on the road in government, business, utility and Chrysler development fleets in 2009.

The Company said that it is well into the development of advanced, production-intent electric vehicles, and that it will apply electric-drive technology to its front-wheel-drive, rear-wheel-drive and body-on-frame four-wheel-drive platforms in the next several years.

At its World Headquarters here today, Chrysler revealed its electric-drive prototypes – Dodge EV, Jeep EV and Chrysler EV – and demonstrated the driving performance and capability of each.

“We have a social responsibility to our consumers to deliver environmentally friendly, fuel-efficient, advanced electric vehicles, and our intention is to meet that responsibility quickly and more broadly than any other automobile manufacturer,” said Bob Nardelli, Chairman and CEO – Chrysler LLC. “The introduction of the Chrysler, Jeep and Dodge electric vehicles provides a glimpse of the very near future, and demonstrates that we are serious and well along in the development of bringing electric vehicles to market.”

ENVI Organization
The development of Chrysler’s Electric Vehicles and Range-extended Electric Vehicles is led by ENVI – representing the first four letters of “environmental” – the Company’s in-house organization that was formed to focus on electric-drive production vehicles and related advanced technologies. The development of electric-drive systems for future Chrysler, Jeep and Dodge vehicles is maturing quickly.

“ENVI was created just over one year ago with the strategic intent to develop electric-drive vehicles quickly for Chrysler, and it is surpassing expectations,” said Tom LaSorda, Vice Chairman and President – Chrysler LLC. “With ENVI, Chrysler is developing technology to bring Electric Vehicles and extremely fuel-efficient Range-extended Electric Vehicles to market.”

Electric Vehicle Technology
Chrysler’s Electric Vehicles utilize just three primary components. These include an electric motor to drive the wheels, an advanced lithium-ion battery system to power the electric-drive motor and a controller that manages energy flow. The electric-drive system is being developed for front-wheel-drive, rear-wheel-drive, and body-on-frame four-wheel-drive vehicle applications.

“This technology provides customers with a vehicle that has zero tailpipe emissions and a 150- to 200-mile driving range – far exceeding most Americans’ daily commutes, as nearly 80 percent of Americans drive less than 40 miles per day, or 14,000 miles per year,” said Frank Klegon, Executive Vice President – Product Development, Chrysler LLC. “Electric Vehicles provide the opportunity to fulfill social responsibility, reduce dependency on foreign oil, and eliminate monthly gasoline bills, while delivering performance and utility that our customers desire.”

Range-extended Electric Vehicle Technology
The Range-extended Electric Vehicle combines the electric-drive components of the Electric Vehicle with a small gasoline engine and integrated electric generator to produce additional energy to power the electric-drive system when needed. This provides the positive attributes of an Electric Vehicle with the driving range equivalent to today’s gasoline-powered vehicles – with no compromises in performance.

Range-extended Electric Vehicles offer environmental responsibility without giving up driving range, comfort or utility.

Dodge EV
The Dodge EV development Electric Vehicle is a two-passenger, rear-wheel-drive sports car that marries high performance with zero tailpipe emissions.

“The Dodge EV sets a new standard for what can be expected in electric-drive vehicles,” said Lou Rhodes, Vice President – Advance Vehicle Engineering, and President – ENVI. “The electric-vehicle technology enables a fun-to-drive performance sports car and helps redefine the vision of an environmentally responsible vehicle for the Dodge brand.”

The electric-drive system consists of three primary components: a 200 kW (268 horsepower) electric motor, an advanced lithium-ion battery and an integrated power controller.

The 200 kW electric-drive motor generates 650 N•m (480 lb.-ft.) of torque. The instant high torque of the electric-drive motor delivers outstanding performance, accelerating the Dodge EV to 60 mph in less than five seconds, with quarter-mile times of 13 seconds. The Dodge EV has a top speed of more than 120 mph.

Working with the latest advanced lithium-ion battery technology, the Dodge EV has a continuous driving range of 150 to 200 miles – more than triple the average daily commute of most consumers. Recharging the vehicle is a simple one-step process: plugging into a standard 110-volt household outlet for eight hours. The recharge time can be cut in half to four hours by using a typical 220-volt household appliance power outlet.

The Dodge EV offers driving enthusiasts a performance sports car that can be driven to work every day – without consuming gasoline or producing tailpipe emissions.

Jeep EV
The Jeep EV development vehicle is a Range-extended Electric Vehicle that provides a glimpse into the future of a “Go Anywhere, Do Anything” vehicle with renowned Jeep Wrangler capability.

The Jeep EV combines Wrangler’s unmatched off-road capability with the ultimate “Tread Lightly” mindset by providing nature ambassadors with the ability to roam the planet and take care of it at the same time.

The Jeep EV Range-extended Electric Vehicle uses an electric motor, an advanced lithium-ion battery system, and a small gasoline engine with an integrated electric generator to produce additional energy to power the electric-drive system when needed. The 200 kW (268 horsepower) electric motor generates 400 N•m (295 lb.-ft.) of torque. With approximately eight gallons of gasoline, the Jeep EV has a range of 400 miles, including 40 miles of zero fuel-consumption, zero-emissions, all-electric operation.

“We are also exploring four-wheel-drive, in-wheel electric motors to demonstrate the full reach of ENVI’s advanced electric-drive technologies,” said Rhodes.

The instant high torque of the electric-drive motor and the ability to precisely control each wheel independently results in off-road capability ideally suited for the Jeep brand, without compromising on-road driving capability.

Chrysler EV
The Chrysler EV development vehicle is a Range-extended Electric Vehicle that demonstrates another possible application of ENVI electric-drive technology in the segment-leading Chrysler Town & Country minivan.

“With the Chrysler EV, we are able to blend seven-passenger capability and the luxury of the Chrysler Town & Country minivan with electric-drive technology, demonstrating family practicality with zero compromise,” said Rhodes. “ENVI’s electric-drive development vehicles showcase our accelerated application of electric-drive systems into a wide range of vehicles in Chrysler’s future product portfolio.”

The Chrysler EV combines the electric-drive components of an Electric Vehicle with an integrated small-displacement engine and generator to produce additional electricity to power the electric-drive system when needed. This provides all of the positive attributes of an Electric Vehicle and extends the driving range to be equivalent to today’s gasoline-powered vehicles – without compromises.

The Chrysler EV uses a 190 kW (255 horsepower) motor, producing 350 N•m (258 lb.-ft.) of torque, providing 0 to 60 mph acceleration in approximately nine seconds. The Chrysler EV Range-extended Electric Vehicle can drive 40 miles on all-electric power, and boasts a range of 400 miles on approximately eight gallons of gasoline. This makes the Chrysler EV the perfect fuel-efficient family vehicle.

The knowledge and experience gained from the Chrysler EV will be applied to other front-wheel-drive applications in Chrysler’s portfolio.

Chrysler LLC Electric-vehicle Consumer Web Site
Chrysler LLC has launched a Web site – www.Chryslergoeselectric.com – to allow consumers to view the latest updates on Electric Vehicles and Range-extended Electric Vehicles from the Company. Content will include videos, photography and news, and visitors can sign up for updates. In addition, the site features a blog where consumers can interact directly with the Company.

Department of Energy Cooperative Agreement
Chrysler and General Electric are jointly pursuing a project with the United States Department of Energy to explore advanced energy-storage technology.

“Chrysler’s partnership with General Electric combines the electric-drive technology demonstrated in the Chrysler Electric Vehicles, with GE’s research and development of advanced energy storage systems,” said Klegon. “Our collective goal working with the DOE is to develop a new, integrated energy-storage system to make electric vehicle battery packs smaller and significantly less expensive than current designs.”

Chrysler and GE will develop and evaluate dual-battery solutions based on GE’s unique technology.

“One of the challenges with electric vehicles is finding a battery with the correct balance between power – for example, during vehicle acceleration – and energy for long driving range,” said Klegon. “We believe that combining two unique battery chemistries – one biased toward power and the other toward energy – into a single battery pack is very promising for a future Chrysler Electric Vehicle.”



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Dodge Trazo C1.8 aka Nissan Versa Unveiled in Sao Paulo

dodge_trazo_c1.8_8.jpg
Chrysler and Nissan announced earlier this year plans to share some vehicles in the future. At the time most of the press surrounded the replacement for the Nissan Titan, which would be built off the new Ram 1500. Now Chrysler has unveiled a Dodge version of the Nissan Versa subcompact, dubbed the Dodge Trazo C1.8.

The Dodge Trazo C1.8, which will be built by Nissan gives Dodge an entry in the subcompact market in Latin America, specifically in Brazil, Argentina, Paraguay and Uruguay.

The Trazo C1.8 is powered by an E-100 ethanol-capable 16-valve 1.8-liter DOHC 4-cylinder engine that can be mated to either a manual or automatic transmission.

Overall the Trazo C1.8 is essentially the same thing that we get here in the U.S. as the Nissan Versa, although there have been a few, very small styling changes. Even though the Versa is available as a sedan and a five-door hatchback, Dodge only plans on selling the sedan version.

Sales of the Trazo C1.8 will start in mid-2009. Chrysler hasn't announced any plans to sell the rebadged Versa in the U.S.



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Chrysler Kills AWD Sebring, Avenger and Caliber Models for 09'

2008_dodge_caliber_red.jpg
Chrysler is going to drop the all-wheel-drive option on the 2009 Chrysler Sebring and Dodge Avenger and Caliber models.

According to spokesman Jiyan Cadiz, the AWD was first offered on the models in 2007, but sales never took off.

“For the Avenger, the take rate was 1.5% for 2008, and for the Sebring it was at 0.7%.” Cadiz tells Ward’s. “So obviously the bottom line is people want fuel economy, and the AWD modules are not profitable for us. That’s something we can get rid of as we’re consolidating products and finding what’s profitable.”



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Chrysler will offer 0% financing for 2009 Dodge Ram

Hoping to move the 2009 Dodge Ram out of the showrooms, Chrysler announced today that it will offer 0 percent financing for 72 months for the new pickup. So far news has come from a couple of...



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Chrysler to Unveil Three Electric Vehicles to Dealers this Month

dodge_zeo_concept.jpg
Chrysler has been one of the few automakers that have been quiet about their future green offerings. Besides the hybrid Durango and Aspen SUVs there hasn't been really any news stories about what is next for Chrysler...until now.



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White House Loan Deal For Not-So-Big Three Is "Bankruptcy Lite" [Carpocalypse Now]

The bailout loan's no longer just a $15 billion bridge loan for the not-so-Big Three to make it until the Obama administration, it's actually "bankruptcy lite." It's also a really good idea.

Take a look at the stakeholders in the $15 billion bridge loan legislation for the Detroit automakers and you'll see why there's no clear message coming from anyone on the not-a-bailout; the automakers no longer have clout in D.C., the House Democrats seem fixated on making the not-so-Big Three into "Big Green," House Republicans are busy offering an alternative non-"ass-backwards" plan in the House that would have the Feds provide insurance which would cover up to 50% of losses of new investment in case of a default or bankruptcy. Senate Republicans, led by Sen. Shelby (R-Foreign Autobama) on the other hand are just eager to find a way to kill the UAW with some cockamamie scheme similar to House Republicans.

We guess given every other stakeholder's got both hands tied behind their backs (mostly of their own doing) or is completely without a clue when it comes to economics (Sens. Shelby and Ensign, we're looking at you), we shouldn't be surprised it was the lame duck White House that would actually craft a realistic message on the proposed bill. In the span of one press conference, White House Deputy Chief of Staff for Policy Joel Kaplan changed the message of the bill being a bridge loan for the not-so-Big Three to make it to the waiting hands of the Obama administration into what it should have been all along — "bankruptcy lite."

What this "bankruptcy lite" bill would provide the short-term financing the Detroit automakers need to give them an opportunity to do what we've said they need to do, take a few months to work with all the parties — UAW, dealers, suppliers, etc. — and get a realistic cost structure put in place before March 31st, 2009. At that time the "car czar" appointed by the President would either accept the plan presented by GM and Chrysler, come up with his own plan, or say "screw you two" to both and call back the collateral put down for the loan.

The plan makes sense to us, and it probably makes sense to the American people.

Photo Credit: CHRIS KLEPONIS / AFP



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2009 Dodge Ram powertrain lineup revealed, none gets 23mpg

It was reported last month that Dodge increased the fuel-economy of the 2009 Dodge Ram to 23mpg from 19mpg. Well Chrysler today released a press release giving the details on the powertrain lineup...



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Chrysler Needs $11 Billion To Make It Until The Imaginary 2009 Product Lineup Refresh [Carpocalypse Now]

Chrysler was the last of the not-so-Big Three to reveal their plan for long-term viability with an ask of $11 billion to sustain operations into the new year. But for what?

As recently as September, Chrysler said they had seven-to-nine new models for 2010. For the life of us, we can't figure out what those vehicles are considering the company's stopped development on every single product line. Are they talking about the Chrysler EV electric car family? Because seriously, that's smoke and mirrors. There's nothing new coming out of this company at any time in the next year.

But hey, Chrysler CEO Bob Nardelli also pledged to take a $1 salary and no kind of health or insurance benefits until the crisis is resolved. Well, he's earned it.

Because once you get past the huge $11 billion number and the fact that they're apparently going to be forced out of business in January without it, when you take a look at the automaker's plan, there isn't much in the way of specifics there. On the whole, the plan is less substantial than what GM or Ford are offering. I mean, although we may not agree with the sale projections they make, at least the other automakers are making a guess as to what sales numbers in the United States will look like for the next year. All Chrysler was willing to say was "Chrysler anticipates sales to be even lower than normal due to the economic downturn." What, did Chrysler can its market analysts already?

It's almost as if they're saying "buy us some time until someone else buys us." Actually, I think they may have said that on page three somewhere. Anyway, full highlights from Chrysler below.

Highlights of Chrysler LLC Plan Submitted Today to the Senate Committee on Banking, Housing and Urban Affairs and the House Committee on Financial Services

* Chairman and CEO Robert Nardelli looks forward to testifying before the committees later this week
* Chrysler will urge the immediate adoption of legislation that will allow domestic automakers to weather the current national economic crisis and continue to invest in industry-leading products, technologies and vehicles of the future
* Full plan attached as pdf file

* The first question is, what changes has Chrysler made to help itself? Since Chrysler became an independent company in 2007:
o We eliminated over 1.2 million units of capacity, or 30 percent;
o We reduced fixed costs by $2.4 billion and, separated over 32,000 employees – including 5,000 on the Wednesday before Thanksgiving. And at the same time …
o We invested in product improvements – over half a billion dollars in our first 60 days;
o We improved our latest JD Power quality scores, and reduced our warranty claims by 29 percent;
Part of our business model transformation includes alliances and partnerships – for example – the agreements to produce vehicles for VW and for Nissan. As a result, through the first six months of the year, Chrysler met or exceeded our operating plan, ending the first half with $9.4 billion unrestricted cash.

* Why does Chrysler need the funding? We need to address the unprecedented drop in vehicle sales caused by the financial crisis. U.S. sales are down from a 17 million unit selling rate in early 2007, to an estimated 11 million unit selling rate for the fourth quarter of 2008 – a 38 percent decline. We lost 20 percent of our sales virtually overnight when the financial market crisis forced us out of the consumer lease business. With customers not buying … with dealers not ordering … with our plants not producing … Chrysler’s cash inflow has suffered.
* So how will the bridge loan be used? Cash will support ongoing operations as we continue to restructure the business, including in the first quarter alone:
o $8.0 billion in payments to parts suppliers
o $1.2 billion for other vendors
o $900 million in wages
o $500 million in healthcare and legacy costs
o $500 million in capital expenditures

Without an immediate working capital bridge, Chrysler’s liquidity could fall below the level appropriate to ensure operations in the ordinary course by the first quarter of 2009.

* So, who is contributing to saving Chrysler? First and foremost, Chrysler and its extended enterprise will. That starts with me. I receive a salary of $1 a year. I have no employment contract, no change of control agreement, no “golden parachute,” and receive no health care or life insurance benefits from the company. We are committed to negotiate concessions from all of our constituents.
* The next question - Does Chrysler plan to build cars and trucks that consumers want to buy, and that support the country’s energy security and environmental goals? Our product plan features 24 major launches from 2009 through 2012. For the 2009 model year, 73 percent of our products will offer improved fuel economy compared to 2008 models. We plan on launching additional small, fuel-efficient vehicles. ENVI is our breakthrough family of all-electric … and range - extended electric vehicles – similar to the one parked outside. Chrysler’s product plan includes the introduction of the Ram Hybrid and our first electric-drive vehicle in 2010 with three additional models by 2013.
* Does Chrysler have a viable plan? With our requested bridge loan – absolutely! I also believe that further partnership, restructuring and consolidation would make the U.S. auto industry even more viable and competitive in the long run. Further opportunities for technology sharing would provide fuel-efficient cars and trucks more cost effectively and faster to market. The three-company alliance that developed the dual-mode hybrid is a good example. As a Country, we should not trade our current dependence on foreign oil for a future dependence on foreign technologies.
* The final question is, when will Chrysler pay back this loan? We believe we will be well positioned to begin repayment of the federal loans — in 2012. I recognize that this is a significant amount of public money. However, we believe this is the least costly alternative considering the depth of the economic crisis and the options we face.

[Source: Chrysler]



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Chrysler won't suspend NASCAR program, will reduce funding

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A rubber bullet has been dodged: NASCAR can still count on sponsorship dollars and involvement provided by the Detroit 3. Chrysler has stated that it will reduce the funds that flow from its taps into NASCAR, but won't leave the sport. As far as marketing and advertising goes, the "stock cars" still pay. Mike Acavitti, who runs the motorsports program at Dodge, said "We have to get our expenses in line with our revenues," but also said that "We're not going to pull out. We are going to throttle back. NASCAR is not exempt from anything else that we do to market and promote vehicles."

Chrysler is cutting back 30% on its NASCAR spend, but will still honor its current contracts. Ford has said it's reducing its NASCAR fund by 20%, and GM says that it, too, will be doling out a smaller NASCAR allowance and letting track sponsorships lapse to go along with its getting out of the Yankees business. Even Toyota plans to spend less on NASCAR. No matter what, though, NASCAR isn't going anywhere -- after all, even if all of the car companies and all of the other sponsors left, the guys in the overalls could always race, you know... stock cars.

[source: Reuters via Speedzzter]

Chrysler won't suspend NASCAR program, will reduce funding originally appeared on Autoblog on Thu, 18 Dec 2008 19:39:00 EST. Please see our terms for use of feeds.

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Getrag US Files For Bankruptcy After Chrysler Lawsuit, Transmission Plant Sits Unfinished [Financiapocalypse]

If you need more proof Chrysler is going to have a rough future, check out the bankruptcy filings for Getrag Transmission Manufacturing. The non-Ford US arm of transmission manufacturer Getrag filed for bankruptcy protection because it will be unable to pay for an Indiana plant it was supposed to build with Chrysler. We reported last year about the $530 million plant that was going to build a six-speed DSG gearbox for future Chrysler cars. Chrysler is suing Getrag for failing to secure $300 million in debt financing as part of the joint-agreement. As one can imagine, getting credit in this market to build a plant for future Chrysler cars isn't easy.

Though the plant is 80% complete, it isn't clear who could come in and pay for completion of the plant or if Chrysler will have cars to put the new transmissions in for the future since the company has few new cars coming down the pipeline. This is more bad financiapocalypse news for Indiana, a state in need of those extra jobs. (Thanks J. Katz For The Tip) [IndyStar]



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