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[Source: Chrysler]

In late July 2008, Chrysler announced that it would stop leasing vehicles effective August 1. The news helped exasperate the decline of Chrysler group vehicle sales while giving customers fewer options for getting into a new vehicle. After leasing was discontinued, Chrysler’s market share dropped from 11.3% to 9.2%. The decline came in part because of Chrysler’s very public bankruptcy proceedings and its lackluster product lineup, but there is little doubt that the end of vehicle leasing was also a major contributor to the automaker’s precipitous decline.

Q Full article, Source: AutoBlog

It wasn’t so many years ago that Chrysler’s design department was considered among the best in the industry. Attractive, innovative shapes came one after another, then they took a sharp detour into the crash test building and the rest is Sebring/Compass/Caliber history. In the late ‘90,s when Chrysler design was still on a roll, one of the highlights was the debut of the PT Cruiser.

Q Full article, Source: AutoBlog