AUBURN HILLS, MI - The new 2012 Chrysler 300 Luxury Series expands the Chrysler flagship sedan lineup further with a fuel-efficient V-6 engine option, in addition to the Chrysler 300C Luxury Series sedan with its 363 horsepower 5.7L HEMI V-8 engine with Fuel Saver Technology.

Available in RWD or with an advanced AWD system, the Chrysler 300 Luxury Series delivers up to a 17-percent fuel economy improvement compared with the previous generation six-cylinder Chrysler 300 AWD models, according to the automaker. The new 2012 Chrysler 300 Luxury Series AWD combines the new eight-speed automatic transmission, fuel-efficient 3.6L Pentastar V-6 engine, and an advanced AWD system for maximum all-weather traction and efficiency.

Fuel economy is 19 mpg city/31 mpg highway/23 mpg combined (RWD) and 18 mpg city/27 mpg highway/21 mpg combined (V-6 AWD).

Chrysler 300's AWD system (both V-6 and V-8 engines) also features a segment-exclusive active transfer case and front-axle-disconnect system to improve real-world fuel economy. When AWD is not required, the system automatically disconnects the front axle to maximize fuel economy.

The 2012 Chrysler 300 and 300C Luxury Series models arrive at Chrysler dealerships in the first-quarter of 2012. Manufacturer's suggested retail price (including $825 destination) for the Chrysler 300 Luxury models is:

• Chrysler 300 Luxury Series (RWD) $40,145.

• Chrysler 300 Luxury Series (AWD) $42,495.

• Chrysler 300C Luxury Series (RWD) $42,895.

• Chrysler 300C Luxury Series (AWD) $45,245.