Brand Rx for Chrysler

With a few improvements, Chrysler can win back American car buyers. But it still has a few kinks to work out. Here's a look at the carmaker's hits and misses.

The Chrysler challenge
The Chrysler challenge
Chrysler is badly in need of a real product turnaround.

The car maker has a reputation for creating products that start out as hits - owing to edgy "gotta get one" designs - but that quickly fade from the scene. The once-hot Dodge Magnum sport wagon now takes more than 100 days to sell. Same for the recently-introduced Dodge Nitro which went from "hot" to "not" in just a few months.

The fact that Chrysler has managed to maintain a relatively flat 11-to-13 percent market share over the last few years is largely thanks to fleet sales, said Jesse Toprak of Edmunds.com, rather than genuine consumer demand.

Meanwhile, Chrysler product owners, in a 2007 survey by J.D. Power and Associates, rated Chrysler, Dodge and Jeep products lower than almost any of their competitors (Jeep scored lower than any other brand).

Chrysler representatives acknowledge that there are problems, and they say the company is working quickly to fix them. At the same time, Chrysler doesn't want to lose its edge in exterior design or stray too far from hard won brand positions.

This will not be easy. It will, however, be absolutely critical to the future of Chrysler. Here's a look at what Chrysler is doing right - and doing wrong - with its three brands.


Challenges

Chrysler

Chrysler

Dodge

Dodge

Jeep

Jeep
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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.