need to add title here

Preview: Resurrecting Chrysler

August 23, 2012 8:00 AM

Just a few years ago, Chrysler was in chapter 11 bankruptcy. Now, with a new leader in Sergio Marchionne and a new company forged by an alliance with Fiat, the automaker has made a remarkable turnaround. Steve Kroft reports on Sunday, Sept. 2 at 7 p.m. ET/PT.

Add a Comment See all 13 Comments
by YeomanDroid September 4, 2012 5:49 PM EDT
Sergio has done the most remarkable save of an automobile icon. The brand has made a remarkable turnaround in quality. Don't believe me? Go take a look at the Jeep Grand Cherokee Overland Summit or the new Dodge Dart to name just a few.
Reply to this comment
by mlf1142 September 3, 2012 1:50 PM EDT
Okey, read the link above that cynder7 posted of the Sebring motor problems with oil sludge issues. Most reports do NOT mention of any oil change frequencies by a lot of the users but just motor breakdown due to sludge buildup. I really don't know why ALL automakers put in the oil change requirements of the "6 months, or 7500mile" oil change statement due to the fact this milage frequency works if "YOU'RE ON THE FREEWAY DRIVING HIGHWAY SPEEDS ALL THE TIME!"". I bet that the majority of these people are doing combination city/highway driving which drastically reduces the life of the oil to where it's a mandantory 3 month/3000 mile change using conventional oils. NOW, if one was using synthetic, like AMSOIL and similar, THEN one can get away with the longer oil changing frequencies. Sorry for all of this to happen to a lot of Sebring owners, for they seem to be good cars (and wonder why I've seen a lot of Sebrings out in the yards with bodies in excellent conditions, but motors gutted), but as a mechanic and really know about cars (won't buy a Chrysler or any American made vehicle .. I've always owned imports due to the massive higher work ethics that the Asian employ in auto building and spend my money on quality instead of having my car live in a repair shop most of its life) and what's really inside of them. Good luck all !
Reply to this comment
by smartinvestmm September 3, 2012 1:12 PM EDT
I can provide plenty of financial leverage the company needs
smartcorp007@gmail.com as well as markets
Reply to this comment
by smartinvestmm September 3, 2012 1:09 PM EDT
To Fix the Dodge like many other Auto Companies - my suggestions are :
a) that the platform of New ideas be extended to different portals that include your Entrepreneurs out via Universities and general public...I believe those portals are too small and there of the Inventiveness that can be to Dodge is restrictured to only actual employees...
b) Leverage Trade is absolute here with a 50+% profits to New Vehicles that yes do re charge themselves and yes that use alternative fuel mixes that lower general per gallon cost and maintain similar mpg ranges
c) opening new markets and having interactive websites that allow markets
Reply to this comment
by Venum29 September 3, 2012 11:36 AM EDT
I have only bought Chrysler products (New) I love the new direction they are headed. As for Diamler /Mercedes Benz I could care less. It make me angry to know they did what ever to try to bring Chrysler down. They took technologies and cheapened up the interiors. Sad, but now I feel Chrysler is on the right track.
Reply to this comment
by cynder7 September 2, 2012 7:38 PM EDT
http://www.autosafety.org/viewcomplaints/60/53/2002/all/1?page=5
Reply to this comment
by cynder7 September 2, 2012 7:30 PM EDT
I would never ever buy DXC again; they have left a sour taste in my mouth after purchasing a new 2002 Sebring convertible; I was one of thousands who dealt with the oil sludge problem with the motor; my car died at 42,000 miles - this very station channel 9 news did an article at the time "Road to ruin" I was interviewed for. The angst of the matter DXC and the dealership -thank you very much Fitzgerald would not honor warranty. It was a beautiful car on the outside; but I finally had to get rid of it on my 3rd engine and yes, after doing oil changes at 3,000 miles even the Jasper engine died. so much stess, and 3-4 months without a car -I will never ever buy Chrysler again mr. Sergio Marchionne --signed now a chevy owner, again
Reply to this comment
by sfar505 September 2, 2012 4:11 PM EDT
Love my Chyslers! Traded a 2008 Town and Country, that was great, for a new 300, that we love. My wife is now on her third, 2008, Convertible since 1992, all were good cars wiihout problems. We gave her 2000 Sebring covertible, with 62,000 miles, to our grandson in college and he loves it.
Reply to this comment
by Kurmudgeon September 1, 2012 5:16 PM EDT
Previous posters is full of it. My 2011 200 is a fine car and I've had Chrysler products that have lasted years and years and 100s of thousands of miles like the 2000 Grand Caravan I let my kids drive.
Too many knee jerk Chrysler bashers online, don't listen to them. They either abused their vehicle or make money from/for Chrysler's competition.
Reply to this comment
by ppaulville August 31, 2012 8:03 PM EDT
Nothing has changed. Chrysler is still making the worst cars on the planet (look at ANY reviews or reliability ratings). It's just more profitable. That's all. Some turnaround. You can't polish a t*rd, but apparently you can make money from selling it.
Reply to this comment
See all 13 Comments

60MinutesOverTime

60 Minutes Overtime is a weekly web show that begins where the weekly television broadcast ends
CBS News on Facebook

  • 48 Hours iPad App

    Big changes for the 2012-2013 season! Watch the current week's episode for FREE up to a week after it airs or subscribe for access to all shows, classic episodes and more!