The Plymouth brand was phased out in 2001, and plans for cost cutting by sharing of platforms and components began. The strongly Mercedes-influenced Chrysler Crossfire was one of the first results of this program. A return to rear-wheel drive was announced, and in 2004 a new Chrysler 300 using this technology and a new Hemi V8 appeared and was successful. Financial performance began to improve, with Chrysler providing a significant share of DaimlerChrysler profits due to restructuring efforts at the Mercedes Car Group. The partnership with Mitsubishi was dissolved as DaimlerChrysler divested its stake in the firm due to diving Mitsubishi profits and sales worldwide.

Chrysler is currently planning at least three hybrid vehicles, the Chrysler Aspen hybrid, Dodge Durango hybrid, and the Dodge Ram including HEMI® engines. Chrysler plans to use hybrid technology developed jointly with General Motors and BMW AG in vehicles beyond the two hybrid SUVs it had already announced that it would introduce next year. Chrysler has also been experimenting with a Hybrid Diesel truck for Military applications. Established in September, 2007, Chrysler's new ENVI division will specifically deal with new hybrid vehicles not based on existing vehicles and will be led by Lou Rhodes.

List of Chrysler Cars: Chrysler 160/180/2 Litre/Centura 1970 - 1982, Chrysler 300 letter series 1955 – 1965, Chrysler 300M 1999 – 2004, Chrysler 300 1962 – 1971, 1979, 2005 – present, Chrysler Airflow 1934 – 1937, Chrysler Airstream 1935 – 1937, Chrysler Aspen 2007 – present, Chrysler Avenger 1976 – 1978, Chrysler Centura (Chrysler Australia) 1975 – 1978, Chrysler by Chrysler (Chrysler Australia) 1971 – 1977, Chrysler Cirrus 1995 – 2000 , Chrysler Concorde 1993 – 2004, Chrysler Conquest 1987 – 1989, Chrysler Cordoba 1975 – 1983, Chrysler Crossfire 2004 - present, Chrysler Daytona (Canada) 1984 – 1993, Chrysler Dynasty (Canada) 1988 – 1993, Chrysler Fifth Avenue 1984 – 1989, Chrysler Horizon (Europe) 1977 – 1979, Chrysler Imperial 1926 – 1954, 1981 - 1983, 1990 – 1993, Chrysler Imperial Parade Phaeton 1952, only three units built, Chrysler Intrepid (Canada) 1993 – 2004, Chrysler Laser 1984 – 1986, Chrysler LeBaron 1977 – 1995 , Chrysler LHS 1994 – 1997, 1999 – 2001, Chrysler Newport 1940 - 1941, 1950, 1961 – 1981, Chrysler Neon 1995 – 2005, Chrysler New Yorker 1939 – 1996, Chrysler New Yorker Fifth Avenue 1983, 1990 – 1993, Chrysler Pacifica 2004 – present, Chrysler Plainsman (Australia) 1957 – 1959, Chrysler Prowler 2001 – 2002, Chrysler PT Cruiser 2001 – present, Chrysler Royal 1937 – 1942, 1946 – 1950, 1972, Chrysler Royal (Australia) 1957-1964, Chrysler Saratoga 1939 – 1953, 1957 – 1960; 1961 - 1966, Canada non-letter 300 series; 1989 – 1994, Europe, Chrysler Sebring 1995 – present, Chrysler Sigma (Australia), Chrysler Stratus (Canada and Europe) 1995 – 2000, Chrysler TC by Maserati 1989 – 1991, Chrysler Town and Country 1941 – 1988, 1990 – present, Chrysler Turbine Car (Experimental gas turbine–powered car), Chrysler Valiant (Australia, New Zealand and South Africa) 1962 - 1981, Chrysler VIP (Australia) 1969 - 1971, Chrysler Viper (Europe) 1997 – 2003, Chrysler Viper GTS-R (Europe) 1997 – 2000, Chrysler Valiant (Australia, New Zealand and South Africa) 1962 - 1981, Chrysler Voyager (Europe) 2000–2003; 1988–present, Chrysler Wayfairer (Australia) 1957 – 1961, Chrysler Windsor 1940–1961.