Chrysler to Launch First US Hybrid in 2008

DaimlerChrysler AG’S Chrysler unit, which has for years stayed away from hybrid vehicles and focused on diesel engines instead, will launch its first hybrid vehicle in 2008, the unit’s chief of product development said on Wednesday.

“The hybrid Dodge Durango will be the beginning of a line-up of hybrid vehicles at Chrysler,” Frank Klegon told Reuters in an exclusive interview at the New York International Auto Show.