NEW YORK (TheStreet) -- Chrysler will start taking orders next month for its new 2011 Dodge Charger Pursuit, a sleek update for the police market that features either Chrysler's new 3.6-liter Pentastar V-6 engine or the 5.7-liter HEMI V-8.
The new car, which is based on the recently redesigned Dodge Charger, will compete against
aging -- and newly retired -- Crown Victoria line, which according to
, still holds two-thirds of the market for police cars. The new Charger is also up against Ford's new Interceptor, based on its Taurus line, which debuts next year.
The Charger Pursuit comes with rear-wheel drive, which offers more control during fast acceleration than front-wheel cars. It also features heavy-duty, antilock vented-disc brakes, front- and rear-stabilizer bars, 18-inch performance tires and specially calibrated electronic stability control to help with pursuits.
Chrysler, the nation's No. 3 automaker, recently posted a narrower net loss -- $172 million -- in its second-quarter results. CEO Sergio Marchionne told reporters in Detroit on Monday that it will be difficult for his company to turn a profit this year after emerging from a government-supported bankruptcy last summer.
--Written by Maggie Overfelt in New York.
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