Monday, December 19, 2011

Chrysler Dodge Dart a comeback

DETROIT - the Dodge Dart, a 60's compact car, the gear in street of racers, transformed is making a comeback.

Chrysler said on Tuesday that the DART name be used for a new compact car based on Italian technology, which will introduce it in the United States, next year.

DART, which is expected to get 40 miles per gallon gasoline, is on the highway an extremely important for the Chrysler Group LLC, which currently has overtaken deals in fast-growing compact car market. Young buyers in the United States in general choose compressed as their first new car, and research shows that she'll stick with a brand if they like their first vehicle.

The new car based on the Alfa Romeo Giulietta, a compact sold in Europe, but are wider and longer to treat Americans need more space. Chrysler said in a statement that the four door sedan manage and efficiently, but efficiently. The first car from Chrysler dealer is sold based on Fiat basics.

DART, due in showrooms in the first half of next year, replaced the Dodge Caliber, a bad compact SUV that is based on a Spartan design of Chrysler lean years before the bankruptcy protection. Two other compact SUVs, Jeep Compass and patriot, are still sold.

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The DART is also important to find Fiat because the Italian company an additional 5-percent stake in Chrysler get as soon as it starts to a car in the United States which 40 mpg. The DART is made on the Chrysler assembly plant in Belvidere, Illinois, in which the company invested US$ 600 million.

Chrysler, said that the DART formally car show will be introduced at the Detroit in January will come with three four-cylinder engines. The car have a 1, 4-liter turbo engine going Fiat 500, a 2-liter four and a larger 2.4-liter engine in the high performance.

Chrysler not nearly enough cash in 2008 and needed to survive a Government bailout of $12.5 billion bankruptcy protection. In exchange for management expertise and technology, the Government gave control of Chrysler and a 20-percent stake in the company Fiat SpA.

Fiat CEO Sergio Marchionne, leading both automakers, Chrysler his Government loan repaid and Fiat, the Government bought stock of Chrysler. The Government will lose its original $ 12.5 billion $1.3 billion rescue package.

Fiat, Chrysler now controls with a 53.3 percent stake in the company. Under a 2009 deal with the US Government, Fiat received a 20-percent stake, after Chrysler bankruptcy protection. Fiat gradually increases its interest and won a majority share in July, when it paid the Treasury for its remaining shares.

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