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Daimler AG
Chrysler finally has a mid-size contender
Chrysler finally has a mid-size contender

Before Chrysler's new 200, the company's mid-size car was on its deathbed. Last known as the Sebring, the third generation of this vehicle was roundly considered a mess. It was produced without compunction by Chrysler when the company was owned by DaimlerChrysler and later, private-equity firm Cerberus Capital Management. The Sebring was ugly, stark, poor-performing and noisy. The only excuse for having one in your driveway was you had robbed a Hertz rental agency or had a good day as a contestant on "The Price Is Right." And yet, from deep within the recesses of Auburn Hills, Mich., comes a step in the right direction. After a quickie bankruptcy restructuring in...

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