Contact: Nick Cappa or Rick Deneau

Auburn Hills, Mich., Nov 18, 2009 -

Four Chrysler Group LLC vehicles have earned 2010 Top Safety Pick Status.  Chrysler Group announced today that the 2010 Dodge Journey, the 2010 Chrysler Sebring when equipped with available Electronic Stability Control (ESC), the 2010 Dodge Avenger when equipped with available ESC and the 2010 Jeep Patriot with available seat mounted air bags, are 2010 Top Safety Picks according to the Insurance Institute for Highway Safety (IIHS).

The Chrysler Sebring, Dodge Avenger and Dodge Journey have been awarded IIHS Top Safety Picks for both the 2009 and 2010 model years.  The 2010 Jeep Patriot joins the trio in the highest possible rating from the nonprofit research organization.

For the 2010 model year, Chrysler Group products comprise almost 15 percent of the total vehicles awarded Top Safety Pick Status by the IIHS to automakers.  The award recognizes automobiles with ESC that perform well in the Institute's front-impact, side-impact, rear-impact and new for 2010, roof-strength evaluations.

"With the addition of the Jeep Patriot, Chrysler Group has received four Top Safety Picks in the 2010 model year - a great accomplishment for our company," said Scott Kunselman, Senior Vice President - Engineering, Chrysler Group LLC. "IIHS' recognition of our products underscores Chrysler Group's engineering capability and leadership in occupant protection."

The 2010 Jeep Patriot, 2010 Chrysler Sebring, 2010 Dodge Avenger and 2010 Dodge Journey encompass a two-fold approach to safety - passive features combined with accident-avoidance features.  Available safety and security features on all four vehicles include ESC with traction control, Brake Assist and Anti-lock Braking System (ABS), driver and front-passenger active head restraints, front seat-mounted side airbags and advanced multi-stage front airbags.

"Chrysler showed the most improvement of any automaker for 2010," IIHS President Adrian Lund.  "The Chrysler, Jeep and Dodge models are part of an elite group that afford the best overall crash protection and have electronic stability control, which can help keep drivers out of crashed altogether."

Chrysler Group's four Top Safety Picks all feature the company's new active head restraint system for front-seat occupants.  This new system augments the head restraints ability to minimize neck injury caused by rear-impact accidents.  In the event of a rear impact, the head restraints deploy to remove the space between the occupants head and the restraint to help minimize whiplash type injuries.

Contact: Lori McTavish or Shawn Morgan

Auburn Hills, Mich., June 1, 2009 -

Chrysler LLC today announced that the U.S. Bankruptcy Court, Southern District of New York, has approved its request to sell substantially all of its operations to Chrysler Group LLC, the new company formed in alliance with Fiat SpA.

"With this approval, the new Chrysler Group is created and can prepare to launch as a vibrant new company formed with Fiat," said Robert L. Nardelli, Chairman and Chief Executive Officer of Chrysler LLC.  "Through the hard work and foresight of many Chrysler stakeholders, Chrysler Group will soon begin operations with significant strategic advantages, such as a wage and benefit structure for active and retired employees that is competitive with those of transplant manufacturers; a reduction of debt and interest expense; the disposition of idle assets; a rationalized and more efficient dealer network; and sound agreements with our suppliers.  While this has been an extremely difficult chapter in Chrysler's history for all involved, the new Company and its customers, employees and suppliers can now begin on a fresh page."

The alliance with Fiat provides Chryselr Group with access to exciting products that complement the Company's current portfolio, technology cooperation and stronger global distribution.  Work with Fiat is already well underway to develope the next generation of environmentally friendly, fuel-efficient high-quality vehicles.

These and other important steps taken over the past month will position Chrysler Group to provide customers and dealers with the high quality vehicles and service they expect, and enable the new company to become a strong competitor.  Many of Chrysler's stakeholders have worked expeditiously together to launch Chrysler Group, which will move quickly to realize the benefits of the alliance.

"We are very grateful to loyal Chrysler customers who have supported us throughout this process and assure them Chrysler Group is well prepared to produce and support quality vehicles under the Jeep, Dodge and Chrysler brands as well as parts under the Mopar brand," continued Mr. Nardelli.  "We also recognize the sacrifices, unstinting loyalty and enduring belief in Chrysler of many stakeholders, including Cerebus and Daimler, the UAW and CAW leadership, employees, dealers and suppliers who made critical contributions to the viability of Chrysler Group, Chrysler Financial and their efforts with GMAC to provide financing, and the energy and committment of the U.S. Treasury, the President's Auto Task Force, Members of Congress and representatives at teh state and community level and Canadian Federal and Ontario Provincial governments in helping to move Chrysler Group forward.  Without the extraordinary efforts of all of these constituents, the alliance and the creation of a new Chrysler would not have been possible."

Chrysler's Mexican, Canadian and other international operations will also be acquired by Chrysler Group.

As the company announced previously on April 30, Mr. Nardelli, who had been leading Chrysler since August 2007, will resign from Chrysler LLC on completion of the transaction.  He will return to Cerberus Capital Management LP as an advisor.

Contact: Lori McTavish

Auburn Hills, Mich., May 20, 2009 -

Chrysler LLC today announced that C. Robert Kidder, former Chairman of Borden Chemical Inc. and of Duracell International Inc., will become Chairman of Chrysler Group LLC, once it completes its acquistion of the operating assets of Chrysler LLC and completes global alliance with Fiat SpA.  He will succeed Robert L. Nardelli.

"We are most fortunate that Bob Kidder will lead the new company through its transformation," said Nardelli.  "My number one priority has been to preserve Chrysler and the livelihoods of thousands of people who depend on its success.  With is broad expertise serving on numerous world-class boards and his accomplished business background, Bob will provide the leadership and strategic counsel that will help to create a strong global competitor moving forward."

With more than 40 years experience, Kidder currently serves on the boards of Morgan Stanley, where he is the lead director, Schering-Plough Corporation, and Microvi Biotech Inc.  He previously has served as Chairman and Chief Executive Officer of both Duracall International Inc. and Borden Chemical Inc. and as director of such companies as Electronic Data Systems Corporation and General Signal Corporation.  During his tenure with McKinsey and Co. Inc., Bob worked with a major OEM client in the automotive industry.  Bob currently is Chairman and CEO of 3Stone Advisors LLC, and investment firm that focuses on clean-tech companies.  He holds an M.S., Industrial Economics from Iowa State University and a B.S., Industrial Engineering from the University of Michigan.  He resides with his family in Columbus, Ohio.

"I am pleased to join Chrysler at a time when Chrysler is poised to launch an exciting new era," said Kidder.  "I am confident that Chrysler will emerge from Chapter 11 a lean and powerful competitor, combining its own rich history of innovation with Fiat's technology and expertise to invigorate the American car market and to challenge other car companies around the globe."

Chrysler LLC announced on April 30, 2009, that, as a result of the comprehensive restructuring plan agreed to by many of its stakeholders, it had reached an agreement in principle to establish a global strategic alliance with Fiat to form a vibrant new company.  On the same day, Chrysler LLC and 24 of its wholly-owned U.S. susidiaries also filled voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code in U.S. Bankruptcy Court for the Southern District of New York.  Chrysler also filed a motion under Section 363 of the Bankruptcy Code requesting the swift approval by the Court of the agreement with Fiat and the sale of Chrysler's principal assets to the new company.  The benefit of this type of filing is speed.  It will allow a leaner new company to emerge in less than 60 days from the time of filing, well positioned for long-term viability.

Nardelli, Chrysler's Chairman and CEO since August 2007, announced on April 30 his plan to leave the company following the completion of the transactions.  He will return to Cerberus Capital Management LP as an advisor.  He said that it was "an appropriate time to let others take the lead in the transformation of Chrysler with Fiat, and I will work closely with all of our stakeholders to see that this new company swifty emerges with a successful closing of the alliance."

As stated in the terms of agreement, upon successful completion of the alliance, a board of directors for the new company will be appointed.  The majority of the directors will be independent (not employees of Chrysler or Fiat).  The board will select a CEO with Fiat's concurrence.

A complete biography of C. Robert Kidder is available at:
http://www.media.chrysler.com

By: Lori McTavish and Shawn Morgan

Auburn Hills, Mich., June 10, 2009 - As Chrysler Group LLC prepares to begin operations, the new company formed in alliance with Fiat announced an organizational restructuring to focus on the Chrysler, Jeep, Dodge and Mopar brands.  The new leaner, flatter structure is intended to restore brand promise and dealer confidence.  All appointments are effective immediately.

"I personally feel privileged to have the opportunity to lead the new Chrysler and to work with senior management to build this company and our great brands into all we know they can and should be," said Sergio Marchionne, who today was named Chief Executive Office of Chrysler Group LLC.  "That effort starts with leadership.

Chrysler Group's new organization is based on global brand-focused structure comprised of the Chrysler, Jeep, Dodge and Mopar brands, each with full profit and loss accountability.  Common Commercial, Industrial and Corporate functions have been put in place to support the development, manufacture, distribution and sale of Chrysler, Jeep and Dodge products and Mopar parts by the brand organizations.

"The new company's leadership structure has been developed to rebuild and grow the four iconic Chrysler brands," said Mr. Marchionne.  "With a flattened organization designed to give  leaders broad spans of control, we are able to increase the speed of decision-making and improve communcation flow, ultimately bringing Chrysler Group management and employees closer to our customers."

To assist the new company in the transition, Jim Press is appointed Deputy CEO and Special Advisor, reporting to Mr. Marchionne.  In this position, Mr. Press will be instrumental in the restructuring of the Chrysler Group LLC.  Mr. Press served most recently as Chrysler LLC Vice Chairman & President.

Brand and Commerical Organizations

Mr. Marchionne added: "The focus of Brand organization is to rebuild and grow the company's four brands, beginning with their strong heritage.  The structure is designed to focus on external competition, avoiding product overlap while maintaining the highest possible level of industrial optimization.  This new company will align its networks with the brand positions, to restore brand promise and dealer confidence."

In support of the Chrysler Group's brand operations, the company announced the following appointments reporting to Mr. Marchionne:

Peter Fong is appointed President & Chief Executive Officer, Chrysler Brand, with full profit and loss responsibility for the Chrysler product portfolio.  Mr. Fong will be the lead executive for the Sales organization with enterprise-wide responsibility.  He served most recently as the Director of the Mid-Atlantic Business Center.

Michael Manley is appointed President & Chief Executive Office, Jeep Brand, with full profit and loss responsibility for the Jeep product portfolio.  Mr. Manley will also have enterprise-wide responsibility for the Product Planning organization with responsibilityfor coordinating the product plan and volume requirements of the Chrysler, Jeep and Dodge brand functions.  He will work with the other brand Presidents to translate these into operating plans for the product development and manufacturing organizations.  Mr. Manley most recently served as Executive Vice President, International Sales & Global Product Planning Operations.

Michael Accavitti is appointed President & Chief Executive Officer, Dodge Brand, with full profit and loss responsibility for the Dodge product portfolio.  Mr. Accavitti will also have enterprise-wide responsibility for the Marketing organization with responsibility to coordinate worldwide marketing strategies, brand development and advertising for the Chrysler, Jeep and Dodge brands.  Mr. Accavitti served most recently as Director, Dodge Brand Marketing.

Pietro Gorlier is appointed President & Chief Executive Officer, Mopar Service & Parts and Customer Services, with full profit and loss responsibility for the Mopar product portfolio and Service & Parts operations as well as Chrysler's Customer Service operations.  Mr. Gorlier will have shared accountability with the brands, responsible for parts and services growth and delivery and an integrated world-class approach to customer support.  Mr. Gorlier joins Chrysler Group from Fiat Group Automobiles and CNH, where he most recently served as the head of the Network and Owned Dealerships organization.

Joe ChamaSrour will continue to lead the new company's operations in Mexico as President & CEO, Chrysler de Mexico.

Reid Bigland will continue to lead the new company's operations in Canada as President & CEO, Chrysler Canada.

Following a lengthy career with Chrysler, Steven Landry, Executive Vice President, North American Sales & Marketing, Global Service & Parts, has announced his intention to retire.  Mr. Landry has offered to assist the new company in the transition.

In addition to the appointments of the Brand CEOs, in support of the commercial operations, Chrysler Group LLC announced the following appointments reporting to Mr. Marchionne;

Peter Grady is appointed to lead the Network Development & Fleet organization as Vice President.  His responsibilities include ensuring that the Chrysler Group's restructured dealer network operates at the highest possible level to ensure optimal sales volumes for Chrysler, Jeep and Dodge products.  He is also responsible for managing Chrysler Group's fleet sales organization.  Mr. Grady recently served as Director, Franchise Planning and Administration.

"Control over commerical and industrial investments is related to the brand," said Mr. Marchionne.  "Therefore we have developed a matrix-based organization where team work and a disciplined management process are at the core of its success.  Understanding the management decision-making process and indivdual roles are key."

Industrial Organizations

In support of the industrial operations of Chrysler Group LLC, the following appointments are announced, reporting to Mr. Marchionne:

Scott Kunselman is appointed to lead the Product Engineering organization as Senior Vice President.  Mr. Kunselman replaced Frank Klegon, who has announced his intention to retire after a distinguished career with Chrysler.  In this position, Mr. Kunselman has responsibility for all product development strategy and advance-vehicle engineering.  He also oversees product-development processes, testing and validation.  Mr. Kunselman recently served as Vice President, Truck Product Team and Core Team Leader.

Ralph Gilles will continue to lead the Product Design organization as Senior Vice President.

Frank Ewasyshyn will continue to lead the Manufacturing organization as Executive Vice President and assumes responsibility for the World Class Manufacturing processes which are in the process of being rolled out throughout Chrysler's manufacturing footprint.

Doug Betts will continue to lead the Quality organization as Senior Vice President.

Scott Garberding will continue to lead the Procurement organizations as Senior Vice President.

Michael Keegan is appointed to lead the Supply Chain Management organization as Senior Vice President.  In this position, Mr. Keegan is responsible for the critical volume planning and logistics functions in close coordination with the Brand CEOs.  Mr. Keegan is also responsible for driving dramatic improvements in service levels, working capital efficiency and complexity reduction; optimizing demand and supply to benefit balancing the needs and requirements of the individual brands; and, establishing consistent and effective supply chain processes.  Mr. Keegan recently served as Vice President, Volume Planning and Sales Operations.

Corporate/Functional Organizations

Mr. Marchionne added: "As we work to rebuild Chrysler to its rightful place, our corporate support functions have a critical role.  These organizations provide systems, processes, knowledge and tools to sustain the business requirements.  They also ensure consistency across the company and most important, compliance to applicable laws and regulations worldwide."

In support of the corporate needs of Chrysler Group LLC, the following appointments are announced, reporting to Mr. Marchionne:

Richard Palmer is appointed to lead the Finance organization as Senior Vice President and Chief Financial Officer.  In this position, he is responsible for all of Chrysler Group LLC's finance activities including Corporate Controlling, Treasury and Tax.  Mr. Palmer joins Chrysler Group LLC from Fiat Group Automobiles, where he held the position of Chief Financial Officer.  Mr. Palmer replaced Ron Kolka who will lead the orderly wind down of Chrysler LLC.

Jan Bertsch will continue to lead the Information Technology (IT) organization as Senior Vice President, Treasure and CIO (Chief Information Officer).  She will continue in her Treasury role reporting to Richard Palmer.

Nancy Rae will continue to lead the Human Resources organization as Executive Vice President.

Holly Leese will continue to lead the Legal organization as Senior Vice President and General Counsel for Chrysler Group LLC.

Gualberto Ranieri is appointed to lead the Communications organization as Senior Vice President.  Mr. Ranieri joins Chrysler Group LLC from Fiat Group, where he led the International Communications function.  Concurrently he has been responsible for the Communications function for CNH (Case New Holland) , a leading manufacturer and seller of agricultural and construction machinery, which is part of the Fiat Group.

Laurie Macaddino is appointed to lead the Audit organization as Vice President.  In this position, she will report on a dotted-line basis to the Chairman and the Audit Committee of the Board of Directors.  Ms. Macaddino recently served as Vice President, Finance Operations.

John T. Bozzella will continue to lead the External Affairs Organization as Senior Vice President.

Barb Pilarski has been appointed to lead the Business Development organization as Vice President.  Ms. Pilarski recently served as Executive Director, Mergers & Acquisitions, NAFTA and South America.

Mark Chernoby has been appointed Vice President, Executive Coordinator and C/D Segment Product Engineering.  In this position, he will lead the C/D Segment Product Engineering and be the executive coordinator for the management team.

With these appointments, the restructuring of the supporting Chrysler Group LLC organizations begins immediately.  Final additional organization structures to be announced upon completion.

"As we begin the process of redesigning the new Chrysler and moving toward our new place in the American - and global - automotive industry, I would like to take the opportunity to thank the men and women of the company for their many contributions," Mr. Marchionne said. "Chrysler has been through a great deal of hardship and uncertainty over the recent past and I want to recognize their commitment."

Under the terms approved by the U.S. Bankruptcy Court in New York and various regulatory and antitrust regulators, the company formerly known as Chrysler LLC today formally sold substantially all of its assets, without certain debts and liabilities, to a new company that will operate as Chrysler Group LLC.

In addition to Mr. Marchionne, currently the Chief Executive Officer of Fiat S.p.A serving as CEO, Chrysler Group LLC will be managed by a nine-member Board of Directors, consisting of three directors to be appointed by Fiat, four directors to be appointed by the U.S. Government, one director to be appointed by the Canadian Government and one director to be appointed by the United Auto Workers' Retiree Medical Benefits Trust.  The Board is expected to name C. Robert Kidder as Chairman.  The process of determining additional board members is continuing and updates will be announced as appropriate.