Chrysler Abandons Diesels for Hybrids
Those of you who were hoping (and hoping and hoping) that Chrysler would lead America into a Euro-style clean diesel high mileage BIG torque paradise, fuhgeddaboutit. TTAC reporter Bill Montgomery caught-up with ex-Toyota exec and current Chrysler Prez Jim Press and asked him wither oil burners? Yup. "In the face of the new federal fuel economy standards, being a responsible corporate citizen means very soon everything will be hybrid." When pressed, Press went further, hinting that there's been a massive strategy shift within the Crisis Corporation. "As a privately owned company, we're quicker than the competition at reallocating resources." Does this new focus explain the hard stop to Getrag's $530m Chrysler transmission factory? Press' PR handler whisked the exec away before Bill could get the inside dope. So to speak.
[Reported by William C. Montgomery]