Chrysler’s 5-year business plan updates, what’s coming from Auburn Hills

More than 400 journalists, analysts, dealers and public officials are in Auburn Hills, Michigan today as Chrysler ‘s CEO Sergio Marchionne outlines the company’s 5-year business plan. We’re gathering updates from Twitter and other sites around the web. Keep checking back for updates.

  • Paolo E. Ferrero, Senior Vice President Chrysler Powertrain says the new highly fuel efficienct “Pentastar” V6 engine coming Q2 2010. – Twitter @Chrysler
  • Ferrero: A Fiat 1.4-liter Multiair engine for the Fiat 500 in q4 2010 for North American markets. 1.4 Multiair turbo for Q4 2011
  • The mid-size Dodge Dakota pickup will die for the 2011 model year. It will be replaced by a new unibody based midsize pickup of U.S. origin. – Straightline
  • The Dodge Ram heavy-duty and light-duty Dodge Ram pickups will go on as planned. Modifications will come in 2012. – Straightline
  • Marchionne: Chrysler has $5.7 billion in cash, up from $4 billion in June after bankruptcy, and broke even in September. – Twitter @nickbunkley
  • Chrysler plans three new Fiat vehicles — subcompact, compact and midsize (Avenger replacement) — for Dodge brand by 2013. – Twitter @nickbunkley
  • Chrysler planning diesel Jeep Wrangler for fourth-quarter in 2010. Will feature start/stop technology that will improve fuel-economy and cut 5 percent off annual CO2 emissions. – Straightline
  • Dodge Nitro will continue to be sold under the Dodge car brand. Marchionne apparently owns one. – Straightline
  • Dodge Caravan will get all new interior and exterior facelift, a new engine, a retuned suspension, ride and handling improvements and other enhancements. – AutoObserver
  • Dodge will get all-new 7-passenger crossover based on Fiat technology. No detail or name was provided. – AutoObserver
  • Gilles: First new black Dodge Charger just built – it’ll be all new by the end of this year. – Twitter @ raywert
  • Gilles: “New Dodge interior design” coming soon. Twitter @ raywert
  • Dodge Avenger sedan will get new design, new interior, new engines, better performance and fuel-economy. More packages will be offered. – AutoObserver
  • Only 500 more Dodge Vipers will be made until the end of this year. All-new model coming in summer 2012. – Twitter @raywert

Click through for more updates.

  • Dodge Caliber is dead by 2012, replaced by a compact Fiat-based sedan and a small B-segment car produced by Fiat and imported to the US. – Twitter @ insideline_com
  • The new Pentastar V6 engine will be first used in new 2012 Jeep Grand Cherokee in 2011. – Twitter @raywert
  • Chrysler plans on maybe rolling out a battery electric vehicle for 2012. – Twitter @raywert
  • A new B-segment hatchback based on the Dodge Hornet concept. Chrysler sells no small B-segment vehicle at the moment. – AutoObserver
  • Chrysler will kill Jeep Patriot and Compass in 2012. New Fiat-based Jeep small SUV, Patriot/Compass replacement and Liberty in ’13. – Twitter @nickbunkley
  • Chrysler synergies with Fiat on purchasing and supply chain management will result in est. savings of $2.98 billion by 2014. – Twitter @Chrysler
  • Boosting customer service: In Jan. 2010 Chrysler will roll out dedicated US toll-free customer care numbers for each brand. – Twitter @Chrysler
  • PT Cruiser DIES at the end of 2010. – Twitter @raywert
  • Chrysler says IPO probably not gonna happen before 2011. – Twitter @raywert
  • Marchionne: “You’d be shocked out of your pants” at cost of new 300 platform. (Does that mean it’s a lot or not much?)Twitter @nickbunkley
  • Marchionne: By 2014 Chrysler improves its fleet fuel efficiency by 25%. – Twitter @Chrysler

– By: Omar Rana