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Owner Gives Executives Time to Fix Chrysler
20/08/2008 11:36. DETROIT : When the economy soured and gas prices soared, no auto company seemed in a worse position than Chrysler. The smallest of Detroit's Big Three, Chrysler which also owns the Jeep and Dodge brands is famous for its big V-8 Hemi engines and rugged sport utility vehicles, and was woefully short of the fuel-efficient cars that consumers wanted. As a result, its sales in the United States are down 23 percent this year, more than twice the industry average.... // International Herald Tribune |