Chrysler will raise prices on most of its 1990 passenger cars effective Monday, the No. 3 automaker said Friday.
The company said suggested retail prices increases start at $60 for Dodge Daytona cars, which will have a base price of $9,805, and most Chrysler LeBarons, which will rise to about $12,555. The biggest planned increases are $160 on Chrysler Fifth Avenue and Chrysler Imperial cars, bringing their base prices to $21,020 and $25,655.
Destination charges also will increase, by $15 on most models and by $30 on Fifth Avenue and Imperial cars, Chrysler said.
Meanwhile, Moody's Investors Service said Friday it downgraded debt of Chrysler Corp. and its Chrysler Financial Corp. subsidiary, in the second such move against the automaker this month.