Chrysler will spend $3.4 billion on new products.

The auto maker said the 1986 amount is its biggest new product budget ever. In a year-end statement, Chrysler Chairman Lee A. Iacocca also said the company’s 1986 goal is to sell more than 2 million cars and trucks in the Unites States alone. Iacocca said Chrysler will sell 2,092,300 cars and trucks this year in the United States and Canada.