Chrysler sales crashed during the credit crunch from a recent peak of just over 801,468 units, but have since recovered to around 350,000 last year.
To return to the 2005 peak, Chrysler plans to increase its product offerings and become Fiat Chrysler Automobiles (FCA), billed as a “mainstream North American brand”. It plans to cover 65 per cent of mainstream segments by 2018, up from 25 per cent today.
The new Focus-size Chrysler 100 will start this growth alongside the soon-to-be-introduced Ford Mondeo-size 200. Also planned is a 200-based crossover in 2018, a revised 300C this year ahead of an all-new model in 2018 and a 300C-based larger crossover in 2017.
Chrysler will also start the roll-out of plug-in hybrid models from 2016 with a version of its all-new Town & Country MPV.
FCA is also planning to reduce internal competition between Dodge and Chrysler, its other North American brands. The 200-sized Dodge Avenger is being axed this year, as is the Town & Country-sized Grand Caravan MPV in 2016 when the new Town & Country launches.