SOURCE: Industrial Info Resources

Industrial Info Resources

November 04, 2011 06:45 ET

Outlook for New Chrysler Continues to Improve, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Nov 4, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The Chrysler Group LLC (Auburn Hills, Michigan) has been the third wheel of the American automotive sector for decades. Overshadowed by its much larger U.S. competitors, General Motors Company (NYSE:GM) (Detroit, Michigan) and Ford Motor Company (NYSE:F) (Dearborn, Michigan), Chrysler has struggled for years to make its place in the market. The increased presence of the foreign automakers in North America has further marginalized Chrysler in North America. However, following its bankruptcy in 2009, Chrysler has revived itself thanks to the efforts of its new owner, Fiat SpA (PINK:FIATY) (Turin, Italy), and things have begun to look up around the Auburn Hills, Michigan, headquarters of this storied icon of the automotive sector.

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