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Fiat Chrysler Japan said Thursday it will release the Chrysler 300 luxury sedan and the Chrysler Ypsilon compact hatchback in Japan on Dec. 15, marking the first time in 4½ years that new automobiles with the Chrysler badge are released in the Japanese market.

The Chrysler 300, fitted with a 3.6-liter V-6 engine, is the flagship model of the U.S. Chrysler brand, with retail prices starting at ¥3.98 million for a base-grade model.

Fiat Chrysler Japan has given the model affordable prices for an imported luxury sedan in a bid to spur consumer demand. The turbocharged Chrysler Ypsilon, with a 2-cylinder 0.9-liter engine, boasts high gas mileage with retail prices starting at ¥2.35 million.

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