The Chrysler Aspen was released for the 2007 model year at the 2006 North American International Auto Show as a full-size sport utility vehicle. Consumers and critics quickly recognized that the Aspen is a rebadged version of the Dodge Durango, an SUV put out by one of Chrysler's division companies. Dodge used the name Aspen for a compact car that was featured in their lineup from 1976 to 1980; however, the latest Aspen is no relation to the compact car other than the name. This full-size SUV is equipped with three rows of seating for up to eight adult passengers. The Aspen is also fitted with all-wheel drive, a five-speed automatic transmission, and is available in one trim level called the Limited.

The Aspen is powered by either a 4.7L Powertech V8 or Chrysler's signature 5.7L HEMI V8 engine. A flex-fuel version of the 4.7L engine is available. The flex-fuel system will accept E85 fuel. The biggest addition to the Aspen since its inception will be a hybrid-powered engine for the 2009 model year. The 5.7L HEMI engine will produce 340 horsepower, but will also feature two modes that allow the vehicle to run on both electricity and gasoline. Some consumers and critics have criticized Chrysler for not releasing the 2005 Aspen with hybrid power because the maker has supposedly had the hybrid technology for several years.

The biggest rumor flying around the automotive industry is the possibility that Chrysler will be claiming bankruptcy soon. While the maker has yet to confirm or deny the rumors, recent visits from financial mogul Lee Iacocca have sparked heated debates about the future of the American manufacturer. Many potential buyers are concerned that a bankruptcy would mean the end for several of Chrysler, Dodge and Jeep vehicles, including the newest Chrysler Aspen. While bankruptcy certainly does not mean that the maker would completely close their doors, it would not bode well for the maker with consumers. Some claim that the fact that Chrysler has taken so long to catch up in the hybrid game is the cause for their recent troubles. Others say that their repetitive rebranding of vehicles has made their lineup redundant and outdated. However, spokespeople for Chrysler are quick to point out that the 2009 Aspen Hybrid will give them a leg up on the competition, combining both exceptional power with impressive fuel economy and environmental friendliness.