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The two-seater arrived in 2001 as a concept car designed by Eric Stoddard with further refinement by Andrew Dyson before production in 2003. The name Crossfire refers to the two character lines that run from front to rear along the body sides — crossing each other midway through the door panel. Conceived during the period of Chrysler's ownership by Daimler-Benz, the name also refers to the collaboration of the two companies. The Crossfire shares 89% of its components with other Mercedes models. The chassis is a combination of a modified C-class engine compartment, pre-2003 SLK platform, S-Class rear linkages and new stampings for the side rails and rear. The standard transmission is a 6-speed manual with an optional 5-speed automatic. Base models, originally sold beginning in the 2004 model year, are equipped with a 3.2 L, 18-valve, SOHC V6 engine which produces 215 hp (160 kW) and 229 lb·ft (310 N·m) of torque. The sales of the Crossfire have been slow, with an average 230 day supply of the vehicles as of November 2005. In December, the cars were listed on Overstock.com to clear out inventory. Very few Crossfires were imported to the United States and Mexico for 2006 (and almost all of these were roadsters). The Crossfire was discontinued for 2007 in the United States and Mexico; however, a 2007 model continued in Europe and Canada. For model year 2008, the Crossfire was re-introduced in the US market, despite slow sales. On November 1, 2007, Chrysler announced that, as part of its restructuring plans, the Chrysler Crossfire would be one of four models discontinued after the 2008 model year.
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