AUTO INDUSTRY NEWS

Chrysler aims to sell 800,000 units in the next five years

Chrysler aims to sell 800,000 units in the next five years image

Text: / Photos: Chrysler | posted May 07, 2014 15:24

Features new sedan and crossover vehicles

Chrysler aims to increase sales to 800,000 units by 2018, as part of Fiat Chrysler Automobiles’ five-year, global restructuring plan.

For this year, the automaker will unveil the facelifted Chrysler 300 at the Los Angeles Auto Show in November before introducing an all-new model in 2018.

In 2016, the automaker will launch the Chrysler 100, which will compete with the Chevrolet Cruze, Ford Focus, Honda Civic and Toyota Corolla.

Chrysler will also unveil a full-size crossover in 2017, which will be the successor of the Aspen model. The automaker says it will compete with the Ford Explorer, Nissan Pathfinder, Toyota Highlander, Buick Enclave, Chevrolet Traverse and GMC Acadia.

Chrysler has not released any information regarding the new crossover vehicle, but they confirmed plans to offer a hybrid variant.

By 2018, Chrysler will introduce a mid-size crossover that will compete with the Chevrolet Equinox, GMC Terrain, Ford Edge and Hyundai Santa Fe.

As part of the company’s five-year plan, Chrysler will also introduce a new Town & Country in 2016 and a facelifted 200 in 2017.