The decision to cancel the Ypsilon-based Chrysler was confirmed by Olivier Francois, head of Chrysler and Lancia, while speaking with Car and Driver at the New York International Auto Show. Francois explained that the car was canceled because it would have been to close a competitor for the recently launched Fiat 500.
In addition to the bad news for Chrysler's B-segment, Francois also explained that the project to bring a new C-segment sedan - think Honda Civic, Ford Focus, Chevy Cruze, Hyundai Elantra and so on - has been put "under review," which is often a political way of saying canceled until a later date, possibly indefinitely.
Instead, Dodge will apparently be the only branch to be guaranteed a new sedan at this time, but Ralph Gilles, head of the brand, explained that the product they have in the works will be "very competitive" when it comes to market, highlighting its fuel economy as a major selling point, says C&D.
No timeline was given for when Dodge expects to have its new sedan ready for public viewing.
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