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Chrysler dismantles electric car plans under Fiat

"As late as August, Chrysler took $70 million in grants from the U.S, buy cheap generic augmentin online. Department of Energy to develop a test fleet of 220 hybrid pickup trucks and minivans, Augmentin 375, vehicles now scrapped in the sweeping turnaround plan for Chrysler announced this week by Fiat CEO Sergio Marchionne.

Chrysler spokesman Nick Cappa said on Friday that an in-house team of electric car development engineers had been disbanded in favor of a more traditional organization...

Under mounting pressure to improve the fuel-efficiency of its line-up, Chrysler announced in September last year that it was developing three electric vehicles and would sell the first of the models by 2010, augmentin 625 mg.

In January at the Detroit Auto Show, augmentin 825 mg, Chrysler upped the ante on its electric car bet by pledging to have 500, Augmentin 625 duo, 000 battery-powered vehicles on the road by 2013, including sports cars and trucks.

But a presentation of Chrysler's five-year strategy by Marchionne on Wednesday made no mention of Chrysler's earlier electric car development plans."

Here's the text of the entire article, augmentin 600 mg, in case the link goes bad:

http://www.reuters.com/article/GCA-GreenBusiness/idUSTRE5A605N20091107

Chrysler dismantles electric car plans under Fiat

Fri Nov 6, Augmentin 875 mg price, 2009 9:49pm EST

By Kevin Krolicki

DETROIT (Reuters) - Chrysler has disbanded a team of engineers dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars set as it was sliding toward bankruptcy and seeking government aid.

The move by Fiat SpA marks a major reversal for Chrysler, which had used its electric car program as part of the case for a $12.5 billion federal aid package, augmentin 750 mg.

As late as August, Augmentin for ear infection, Chrysler took $70 million in grants from the U.S. Augmentin 625 mg, Department of Energy to develop a test fleet of 220 hybrid pickup trucks and minivans, vehicles now scrapped in the sweeping turnaround plan for Chrysler announced this week by Fiat CEO Sergio Marchionne.

Chrysler spokesman Nick Cappa said on Friday that an in-house team of electric car development engineers had been disbanded in favor of a more traditional organization.

The automaker's former owner, augmentin for tooth infection, Cerberus Capital Management, Buy cheap generic augmentin online, had set up a special division called "Envi" -- derived from Environment -- to spearhead development of hybrid technology where Chrysler badly trailed competitors.

"Envi is absorbed into the normal vehicle development program," Cappa told Reuters, generic augmentin 875.

Under mounting pressure to improve the fuel-efficiency of its line-up, Augmentin 825 mg, Chrysler announced in September last year that it was developing three electric vehicles and would sell the first of the models by 2010.

In January at the Detroit Auto Show, Chrysler upped the ante on its electric car bet by pledging to have 500,000 battery-powered vehicles on the road by 2013, including sports cars and trucks, augmentin 625 mg.

But a presentation of Chrysler's five-year strategy by Marchionne on Wednesday made no mention of Chrysler's earlier electric car development plans.

Under the Marchionne plan, augmentin gram negative, former Envi chief Lou Rhodes will become the group line executive in charge of electric car development for both Fiat and Chrysler, Augmentin 375 mg, Cappa said.

As of Friday, the Chrysler Group website still featured pictures and advertisements for the now-scuttled electric vehicles it had been developing, augmentin 800.

That includes the Dodge Circuit, Augmentin for ear infections, a two-seat, all-electric sports car that Chrysler engineers had rushed into prototype by using a Lotus platform. Augmentin 625 mg, At the time of the launch of Envi in late 2007, Chrysler executives had said the unit would operate with the speed of a venture capital-backed start-up that would compress the three-to-five-year development cycle typical for automakers.

Chrysler is the only one of the six top-selling automakers in the U.S, augmentin 875 mg price. market without a hybrid offering. Augmentin xr 1000 mg, Marchionne told reporters and analysts electric cars would only represent "one to two percent" of Chrysler's sales by 2014, equivalent to less than 60,000 vehicles, augmentin for ear infection.

"Until the (battery) storage gets resolved, Augmentin 750, I think electric vehicles are going to struggle," he said.

Fiat is considering bringing a battery-powered commercial van to the U.S, augmentin 625 mg. market but those plans have not been finalized, augmentin 825, other Chrysler executives said. Augmentin 600 mg, The Obama administration, which has set a target of putting 1 million rechargeable cars on the road by 2015, gave Fiat a 20 percent stake in Chrysler in exchange for bringing vehicles and more fuel-efficient engines to Chrysler, augmentin 625 duo.

Marchionne has forecast that Chrysler will be at break-even on a net basis in 2011. Augmentin 375, The automaker has said it plans to more than double U.S. sales over the next five years and roll out a dozen new models based on Fiat platforms.

(Reporting by Kevin Krolicki; Editing by Gary Hill)

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