Chrysler Pentastar V6 engine begins production – Click above for high-res image gallery

Chrysler, the recently bankrupt automaker that accepted billions in government aid last year, is reportedly next in line to receive new technology loans from the U.S. Department of Energy. Ford, Tesla, and Nissan have all applied and been approved for these technology loans that come out of a $25 billion program approved by Congress back in 2007. The federal funds are meant to be used for retooling factories, making the way for production of more fuel efficient vehicles.

Chrysler's loan request totals $10 billion, nearly twice as much as the $5.7 billion it still owes the U.S. Treasury for last year's bailout. Approval of the loan is reportedly fluid, which means that the DoE has not yet established a timeline for granting the funds, but Automotive News cites sources with financial and auto industry expertise who suggest that Chrysler's bid for aid will receive a sign-off before similar loan requests made by General Motors. That's because GM's in the middle of prepping for its initial public stock offering next month, and approving its loan requests would only make matters more complicated.


  • Chrysler Trenton Engine Plant, Trenton, Michigan
  • Chrysler Trenton Engine Plant, Trenton, Michigan
  • Chrysler Trenton Engine Plant, Trenton, Michigan
  • Chrysler Trenton Engine Plant, Trenton, Michigan
  • Chrysler Trenton Engine Plant, Trenton, Michigan
  • Chrysler Trenton Engine Plant, Trenton, Michigan
  • Chrysler Trenton Engine Plant, Trenton, Michigan
  • Chrysler Trenton Engine Plant, Trenton, Michigan
  • Chrysler Trenton Engine Plant, Trenton, Michigan
  • Chrysler Trenton Engine Plant, Trenton, Michigan
  • Chrysler Trenton Engine Plant, Trenton, Michigan
  • Trenton � March 19, 2010 � Chrysler Group Head of Manufacturing Scott Garberding, right, Don DeKeyser, Head of Trenton South Engine Plant, second from right, Michigan Governor Jennifer Granholm, left, and Tim Bressler, UAW Chrysler Department Assistant Director, celebrate the LEED Gold Certification awarded to the all-new Trenton South Engine Plant for demonstrating Chrysler's dedication to the environment and surrounding communities. The plant will produce the all-new Pentastar V-6 engine which improves flexibility and fuel efficiency for future Chrysler vehicles. (Joe Wilssens photo) For more information contact Jodi Tinson at 248-512-2944.
  • Trenton � March 19, 2010 � Don DeKeyser, Head of Trenton South Engine Plant, right, shows Chrysler Group LLC's all-new engine plant to Michigan Governor Jennifer Granholm, center, during a celebration event at the facility today. Trenton South Engine Plant is the first engine manufacturing facility to receive LEED Gold certification and demonstrates Chrysler's dedication to the environment and surrounding communities. The plant will produce the all-new Pentastar V-6 engine which improves flexibility and fuel efficiency for future Chrysler vehicles. Trenton South Engine Plant Assembler Joe Simon, left, checks oil levels and removes head ID bolts. (Joe Wilssens photo) For more information contact Jodi Tinson at 248-512-2944.
  • Trenton � March 19, 2010 � Don DeKeyser, Head of Trenton South Engine Plant, right, shows Chrysler Group LLC's all-new engine plant to Michigan Governor Jennifer Granholm, left, and Wayne County Executive Robert Ficano during a celebration event at the facility today. Trenton South Engine Plant is the first engine manufacturing facility to receive LEED Gold certification and demonstrates Chrysler's dedication to the environment and surrounding communities. The plant will produce the all-new Pentastar V-6 engine which improves flexibility and fuel efficiency for future Chrysler vehicles. (Joe Wilssens photo) For more information contact Jodi Tinson at 248-512-2944.
  • Chrysler Trenton Engine Plant, Trenton, Michigan

[Source: Automotive News - sub. req.]


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