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Initially founded in 1925, Chrysler has changed ownership and names several times since its inception, including changing to Daimler Chrysler in 1998. It currently operates under the name Chrysler as a subsidiary of the company Stellantis. It is likely best known for being one of the "Big Three" automobile manufacturers in the United States. They were, at the time, the most prominent automotive manufacturers in the country.
The first automobile made by Chrysler was the Chrysler 70, a 6-cylinder car. The Chrysler model B-70 sold for $1,595, the equivalent of $25,220 in current value. Today, Chrysler makes a variety of SUVs, trucks, minivans, and cars. Their current models are limited, including only the Pacifica minivan and the 300 sedan. There is also a Voyager minivan, but it is a fleet-only model. Since 2001, Chrysler averages selling 150,000 vehicles annually. Its highest selling year in the US was 2005 when it sold a total of 641,406 units.
While Chrysler has recently declined with reductions in their lineup to only two active models, they have recently announced they intend to launch more models in the future. They recently announced they would create an electric compact crossover called the Airflow to compete with the Volvo XC40 Recharge, Ford Mustang Mach-E, and the Tesla Model Y. The company also said they intend to be fully electric by 2028, citing a sales target of 50 percent of its total passenger vehicle and truck sales to be from its electric lineup by 2030.