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Chrysler’s CEO Bob Nardelli says that the company is accelerating its product development plans to meet consumers demand for more fuel-efficient and compact cars. A new ‘unexpected’ model could debut as early as next year.

“You very well could see some new platforms, some new vehicles out next year,” Nardelli told reporters.

Bringing light to recent reports, Nardelli said that partnerships could very well be a part of new product introductions. Chrysler is officially working on a small car with Nissan that is due out in 2010.

Recent reports say that Chrysler is working on a production version of the Dodge Hornet for a launch in the European and U.S. market by 2010. Chrysler is reportedly working with Nissan to build the car which will compete with cars like the MINI Cooper.

Chrysler is also working on a small car with Chery Automobile Co. for budget buyers, but has not said whether it will be sold in the U.S.

Source: Detroit News

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