Video: Chryslers $1 Billion Investment

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Chrysler is once again coming back from a near death experience. After the disastrous era of Cerberus L.P. ownership, the Pentastar has once again found new life thanks to Fiat S.p.A. Since their declared bankruptcy, the reorganization plan that new Chrysler CEO Sergio Marchionne has been carrying out is quickly proving to be a success. With new models launching for the 2011 model year such as the redesigned Chrysler 300, it's becoming clear that Chrysler is reinventing itself from the bottom-up.

Interior quality, previously a major drawback, is now excellent as well as the new 3.6-liter Pentastar V6 which produces close to 300 hp. The new 300 is the automaker's flagship vehicle. It's been reported that $1 billion USD was invested in the car's redesign. The top-of-the line 300C has a 5.7 liter V8 Hemi with 363 hp. AWD is also available.

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