All - New 2008 Chrysler Sebring Convertible In Detail

DaimlerChrysler AG's Chrysler Group division is expanding their product lineup of Chrysler Sebring models by adding up an all-new convertible variant. Chrysler Group boasts the numerous innovative technological features aboard the 2008 Chrysler Sebring Convertible, from the simplest up to the most sophisticated innovative systems.

George Murphy, Senior Vice President-Global Marketing, Chrysler Group said: "America's favorite convertible is now better than ever. The all-new Chrysler Sebring Convertible offers the unprecedented combination of unmistakable road presence, athletic handling, innovative technologies, as well as plenty of room for people and gear. In fact, the all-new Sebring Convertible is the only retractable hard top in the segment that can pass the two-golf-bag test. The sky's the limit on what this vehicle can accomplish in the marketplace."

Outside, the all-new 2008 Chrysler Sebring Convertible features a sporty and distinctive exterior styling highlighted by Chrysler's signature eggcrate grille, uniquely sculptured hood with elegant lines, large quad headlamps, wide tail lamps mounted on the corners and deck lid, rear fog lamps, and chrome tipped dual exhaust pipes.

According to a Chrysler Group official press release, some of the unique and innovative standard features found on the all-new 2008 Chrysler Sebring Convertible include a trunk spacious enough to hold two golf bags when the convertible top is down; power hard tonneau cover that neatly conceals each of the three convertible tops when retracted; seat belts integrated into the front and rear seats, which looks clean, enhances seat comfort and makes it easier for passengers to get into the back seat; a locking glove box that can secure important documents and small items; no manual convertible top latches, as Sebring's new convertible top system automatically latches; and YES Essentials stain-resistant, odor resistant, anti-static seat fabric.

In addition, the 2008 Chrysler Sebring Convertible also offers available innovative features like remote convertible top operation on the key fob, remote start that allows drivers to start and warm up or cool down their convertible from a distance, factory-installed windscreen that reduces wind and road noise, and a heated or cooled cup holder that keeps warm beverages warm and cold beverages cool.

For the U.S. market, Chrysler Group offers three power plants: the standard 2.4-liter World Engine, the available 2.7-liter V6 engine with Flexible Fuel Vehicle (FFV) capability, and the available 3.5-liter V-6 engine. These engines are combined with either a 4- or 6-speed automatic gearbox, and equipped with a thermostat similar to VW thermostat found on the VW Eos Convertible.

By Benjamin Hudson.

Two Private Equity Firms Interested On Chrysler

February 14 was a sad day for Chrysler employees in the country. On that day, DaimlerChrysler Chief Executive Officer Dieter Zetsche announced that due to the poor performance of the U.S. brand, all options are open for the brand including its sale. The day also saw the workforce reduction carried out by the company as a part of its restructuring plan.

The speculations that Chrysler will be for sale is made even more plausible with the emergence of interested firms popping out and saying that they are interested in buying the U.S. arm of DaimlerChrysler AG. It can be remembered that Chrysler has already planed to cut down the number of their employees in the following months.

Aside from workforce reduction, the restructuring plan of Chrysler involves closing down of a plant and eliminating shifts on two plants. These steps, as Chrysler maintained, are necessary to address the reduced demand for their vehicles.

Recently, The Associated Press reported that there are now two firms which are most likely going to be the next owner of Chrysler. The Cerberus Capital Management LLC and a group of investors led by the Blackstone Group and Centerbridge Partners LP. These firms have expressed their intention to buy the troubled company. The American news agency reported that representatives of the group have made a visit at Chrysler’s headquarters in Auburn Hills, Michigan.

The Associated Press also spoke with a Chrysler insider who disclosed that potential bidders are now looking into Chrysler’s financial status.

Another firm that has shown interest in Chrysler is Canadian car parts manufacturer Magna International along with the largest car manufacture in the world, General Motors. Although the Canadian firm has shown interest, insiders said that the possibility of the Canadian firm buying the company has been reduced. There are also other firms that have shown interest on Chrysler although these are not as strong as the interest shown by Cerberus and Blackstone are Apollo Management LP, and the Carlyle Group. These firms have not yet made comments about their interest on the car maker.

As far as the rumored takeover of General Motors of the ailing Chrysler group, experts pointed out that it looks unlikely. While General Motors has yet to comment about the rumored interest they might have on the third U.S. car maker, speculations in the auto industry says that the world’s largest car manufacturer will not gain any advantage from the acquisition of the ailing group. On the other hand, another U.S. brand, Ford, when asked whether there is a possibility of them buying Chrysler, Ford CEO Alan Mulally flatly said that it will never happen.

On a sudden twist, DaimlerChrysler AG Chief Executive Officer Dieter Zetsche has announced that there is a possibility that Chrysler will still remain as a part of the German company. But the emergence of the two firms most interested in the purchase of Chrysler has a look similar to Nissan cornering lights which shows which way Chrysler is going in the future.

By Ryan Thomas.