lunes, 28 de diciembre de 2009

sábado, 12 de diciembre de 2009

viernes, 11 de diciembre de 2009

jueves, 10 de diciembre de 2009

2010 Motor Trend Truck of the Year: Ram Heavy Duty


Ram's platform is similar to last year's, yet has undergone significant upgrades and enhancements that improve ride, handling, and noise levels. It uses a hydroformed, fully boxed frame, with coil springs in front and a live-axle, leaf-spring rear. There's no shortage of variety throughout the truck line, with a regular cab, Mega Cab, and a real crew cab, replacing the smallish Quad Cab option in the previous Ram. Buyers can choose from single or dual rear wheel setups, rear drive or two four-wheel-drive systems, short or long bed, three different axle ratios, and four trim levels. There's also the awesome Power Wagon, a Hemi-powered 2500 crew cab with 4.56:1 gears, electronic locking diffs, electronically disconnecting front anti-roll bar, skidplates, heavy-duty battery and alternator, and winch.



Much of what is so impressive about the heavy-duty Ram is not only how easily it does all the tasks it's built for, but also how easy it is on the driver. During Truck of the Year testing, we took all the contenders through a driving loop, empty and with a full payload (bags of rock salt); our test crew also measured acceleration and braking data with each truck outfitted both ways. Testers noted that performance was excellent with or without a heavy load and, as expected, ride improves with a load in the bed. There were rave reviews for the Cummins engine, which not only provides gobs of power, but is surprisingly quiet doing it. Driving loops with the salt or without, the truck handled basically the same. That's how the Rams were throughout the week -- they did everything asked of them without effort, and drove like much smaller trucks than they are.


Read more: http://www.motortrend.com/oftheyear/truck/112_1002_2010_motor_trend_truck_of_the_year_winner_ram_heavy_duty/handling.html#ixzz0ZKuQhSEe

2010 Dodge Viper SRT10 ACR-X

miércoles, 9 de diciembre de 2009

jueves, 3 de diciembre de 2009

martes, 1 de diciembre de 2009

viernes, 27 de noviembre de 2009

miércoles, 25 de noviembre de 2009

lunes, 23 de noviembre de 2009

domingo, 22 de noviembre de 2009

viernes, 20 de noviembre de 2009

miércoles, 18 de noviembre de 2009

martes, 17 de noviembre de 2009

lunes, 16 de noviembre de 2009

jueves, 12 de noviembre de 2009

lunes, 9 de noviembre de 2009

domingo, 8 de noviembre de 2009

sábado, 7 de noviembre de 2009

I am RAM

2010 Dodge Journey - Amplify

All American Classic


Check this great site by Takutaq, a great site for cars enthusiasts, also you can find great videos.

Chequen este gran sitio hecho por Takutaq con gran información sobre automoviles, tambien pueden encontrar grandes videos.

Site:
http://allamericanclassics.web.fc2.com/index.html

2010 Mazda3 Sedan

sábado, 31 de octubre de 2009

jueves, 22 de octubre de 2009

miércoles, 21 de octubre de 2009

lunes, 19 de octubre de 2009

sábado, 17 de octubre de 2009

miércoles, 14 de octubre de 2009

sábado, 10 de octubre de 2009

jueves, 8 de octubre de 2009

domingo, 4 de octubre de 2009

jueves, 17 de septiembre de 2009

martes, 8 de septiembre de 2009

jueves, 3 de septiembre de 2009

martes, 1 de septiembre de 2009

2010 Jeep Patriot

2010 Dodge Nitro

2010 Dodge Grand Caravan

2010 Dodge Challenger R/T Classic

2010 Dodge Challenger Rally

2010 Dodge Caliber R/T

New Dodge Caliber


New Dodge Caliber — Bold Five-door Hatchback With All-new Interior and Refined Diesel Engine for International Markets

All-new 2.2-liter Common-rail Diesel (CRD) engine delivers 16 percent more power and 3 percent more torque, while reducing fuel consumption by 5 percent and CO2 emissions by 3 percent
All-new interior design features a cleaner, more refined design theme, highlighted by detailed chromed accents, soft-touch premium materials and additional storage spaces
Sport Appearance package includes new 18-inch polished aluminum wheels
Versatile interior featuring innovative Uconnect™ Navigation, MusicGate Power™ articulating liftgate speakers and Chill Zone™ cooled-beverage storage bin


Auburn Hills, Mich., Sep 1, 2009 - Dodge Caliber is a five-door C-segment hatchback that combines a sporty coupe-like profile with the strength, stance and functionality of an SUV. It features an all-new refined interior and Common-rail Diesel (CRD) engine to satisfy the needs of discerning international customers.
This all-new Euro V capable engine is paired to a six-speed manual transmission and produces 120 kW (163 hp DIN) and 320 N•m (236 lb.-ft.), delivering 16 percent more power, 3 percent more torque and 25 percent more towing capability (1500 kg) compared with the previous diesel engine. Forged steel connecting rods, aluminum head and pistons, and fourth-generation direct-injection system provide durability, weight reduction and performance. Passenger refinement also improves as dual balance shafts and sound-deadening materials reduce the diesel engine’s vibration and harshness by 25 percent compared with the previous Dodge Caliber CRD.

Two World Engine offerings (2.0- and 2.4-liter) deliver power and refinement thanks to dual Variable-valve Timing (VVT) and an intake manifold design with flow control valves. Combined, these features produce more power, better fuel economy and a smoother, quieter operation than engines without them. The 2.0-liter World Engine replaces the 1.8-liter engine, delivering 4 percent more power (115 kW /156 hp DIN) and 13 percent more torque (190 N•m / 140 lb.-ft.). For even greater performance, the 2.4-liter four-cylinder engine delivers 125 kW (170 hp DIN) and 220 N•m (162 lb.-ft.) of torque.

The new Dodge Caliber debuts at the 2009 International Motor Show (IAA) in Frankfurt, featuring an all-new refined interior with a more harmonious design aesthetic executed with premium materials and craftsmanship. An all-new designed instrument panel features a more integrated look and includes additional cubby space, center storage bin and larger climate controls. Bright satin silver accents add contrast to Dodge Caliber’s interior design, while chromed accents brighten heating, ventilation and air conditioning (HVAC) vents, shift bezel, door handles and cluster rings. New door-trim panels and center console with armrest split-lid feature padded soft-touch materials for improved passenger comfort.

In addition, the Dodge Caliber offers an array of unique interior features in its segment, including Chill Zone™ cooled-beverage storage bin, Uconnect™ Navigation with voice commands, iPod® Control, rechargeable LED flashlight and an available MusicGate Power™ Sound Group, which includes two articulating speakers packaged in the liftgate that swing down for tailgating and other activities.

“The Dodge Caliber is not your typical C-segment car. When we launched the Dodge Caliber only a few years ago, its bold style made a clear statement on the European roads, allowing owners to be active, stand out and do more,” said Mike Accavitti, President and Chief Executive Officer - Dodge Brand, Chrysler Group LLC. “Now paired with an all-new turbo-diesel engine that offers better fuel consumption and performance and an improved interior full of value and customer-friendly features, the Dodge Caliber continues to offer our European clients unique Dodge attitude combined with one of the best value proposition in the segment.”

The Dodge Caliber was the top-selling Chrysler Group LLC vehicle outside North America in 2008.

DODGE CALIBER AT A GLANCE

High value, bold styling in an efficient two-box design

Dodge Caliber delivers high value, bold styling, comfort and the storage flexibility needed for active lifestyles
All-new interior design offers versatility, comfort and convenience
New organically-shaped instrument panel, door-trim panels and center console features chromed accents on HVAC vents, shift bezel, instrument panel, door spears and cluster rings
Soft-touch padded door armrest and center console with split lid provide added storage space
New automatic climate control system
MusicGate Power™ Sound System includes a nine-speaker Boston Acoustics premium sound system with rear articulating speakers
Chill Zone storage bin provides ability to chill beverages on a long trip
LED illumination includes cup holder rings and removable and rechargeable LED cargo light
Versatile seating provides quick and convenient cargo space with fold-flat, front-passenger seat and 60/40 split, fold-flat rear seats
Reclining seatbacks provide additional rear seat comfort
All-new 2.2-liter Common-rail Diesel (CRD) engine offers greater refinement, more power and capability

New 2.2-liter CRD engine features 16 percent more power (120 kW / 163 hp DIN) and 5 percent improvement in fuel consumption (5.8 L/100 km compared to 6.1 L/100 km)
Improvement in CO2 emissions by 3 percent (154 g/km compared to 159 g/km)
Towing increased by 25 percent allows for trailer mass as great as 1500kg (braked)
Torque improvement by 3 percent (320 N•m / 236 lb.-ft.) compared to the previous generation Dodge Caliber diesel
Dual balance shafts, optimized diesel calibration and sound-deadening materials reduce diesel vibration and improve refinement by 25 percent
Forged steel connecting rods, aluminum head and pistons provide durability and reduction in weight
Euro 5 emission compliance through advanced diesel technology:
Cooled Exhaust-gas Recirculation (EGR) with switchable bypass
Fourth-generation direct injection with common-rail pressurized at 1800 bar
Intake module with integrated swirl control valves
Water pump and piston cooling are switchable for improved thermal management
Diesel-particulate Filter (DPF)
Innovative technology

Uconnect™ Navigation
Uconnect Multimedia
Uconnect Phone
iPod® Control
MusicGate Power™ with nine Boston Acoustics speakers includes subwoofer and two articulating speakers
Electronic Vehicle Information Center (EVIC)
C-segment size, versatility and flexibility of larger vehicles

Dodge Caliber appeals to buyers looking for a C-segment hatchback that stands out from the crowd and gives them the flexibility to do more in terms of seating friends and storing gear
Dodge Caliber is a five-door vehicle that combines a sporty coupe-like profile with the strength, stance and functionality of an SUV
The Dodge Caliber’s unconventional two-box design provides space-efficient packaging with great proportions, while offering high value
Dodge Caliber’s high H-point gives drivers a command-of-the-road seating position
Safety and security features include:

Seat-mounted (thorax) side air bags
First- and second-row side-curtain air bags
Anti-lock Brake System (ABS)
Electronic Stability Control (ESC) with Brake Assist and all-speed traction control
Driver and front-passenger active head restraints
Uconnect Phone
Uconnect Navigation with voice commands
Tire-pressure Monitoring (TPM)

2010 Chrysler Sebring Convertible

lunes, 31 de agosto de 2009

martes, 25 de agosto de 2009

Chrysler New Yorker 1989

The 2010 Chrysler Sebring and 2010 Dodge Avenger Earn Highest Possible Safety Rating From the Insurance Institute for Highway Safety




2010 Chrysler Sebring and 2010 Dodge Avenger named Insurance Institute for Highway Safety (IIHS) 2009 Top Safety Picks
Chrysler Group LLC demonstrates quality and safety in mid-size sedan segments



Auburn Hills, Mich., Aug 25, 2009 -
Chrysler Group LLC announced today that the 2010 Chrysler Sebring and 2010 Dodge Avenger have earned the 2009 Top Safety Pick rating from the Insurance Institute for Highway Safety (IIHS).

“We are proud to receive the highest possible ratings from IIHS for the Chrysler Sebring and Dodge Avenger,” said Scott Kunselman, Senior Vice President – Engineering, Chrysler Group LLC. “These sought-after achievements highlight Chrysler’s leadership in safety and security technology and occupant protection.”

When it comes to safety and security, the 2010 Chrysler Sebring and 2010 Dodge Avenger employ a two-fold approach: passive features, including pre-tensioning seat belt retractors and supplemental side-curtain air bags, are combined with accident-avoidance features, including responsive steering, braking, handling and Electronic Stability Control (ESC).

“A vehicle that earns the Top Safety Pick designation provides the best overall protection in the three most common kinds of crashes,” said Adrian Lund, President – Insurance Institute for Highway Safety. “Top-level crash-test performance plus electronic stability control to help keep drivers out of crashes are the tough criteria needed to earn this award.”

Available safety equipment on the 2010 Chrysler Sebring and Dodge Avenger includes ESC with traction control, Brake Assist and ABS, driver and front-passenger active head restraints, front seat-mounted side airbags and advanced multi-stage front airbags. The two vehicles also are equipped with Lower Anchors and Tethers for CHildren (LATCH) for child safety seats.

The 2010 Chrysler Sebring and 2010 Dodge Avenger offer more than 30 safety and security features, including:

Active head restraints
Advanced Multi-stage Air Bags
All-speed Traction Control
Anti-lock Brake System (ABS)
Auto-reverse Sun Roof
Auto-reverse Window
BeltAlert
Brake Assist
Brake/Park Interlock
Child Seat Anchor System (LATCH)
Child-protection Rear Door Locks
Crumple Zones
Digressive Load-limiting Retractors
Electronic Stability Control (ESC)
Energy-absorbing Steering Column
Enhanced Accident Response System (EARS)
Height-adjustable Front Seat Belts
HomeLink® Universal Transceiver
Inside Emergency Release
Interior Head-impact Protection
Knee Bolsters
Remote Keyless Entry
Remote Start
Safety Cage Body Structure
Seat-belt Pretensioners (both front seat belts)
Sentry Key® Engine Immobilizer
Side Guard Door Beams
Side-curtain Air Bags
Tire-pressure Monitoring (TPM)
Uconnect phone
Vehicle Theft Security Alarm

Rolls-Royce 200EX - Exterior studio shots - Detail

lunes, 24 de agosto de 2009

sábado, 22 de agosto de 2009

Chrysler Cirrus 2008

Test Drive

viernes, 21 de agosto de 2009

viernes, 14 de agosto de 2009

sábado, 8 de agosto de 2009

viernes, 7 de agosto de 2009

viernes, 31 de julio de 2009

miércoles, 22 de julio de 2009

domingo, 19 de julio de 2009

domingo, 28 de junio de 2009

miércoles, 24 de junio de 2009

martes, 23 de junio de 2009

lunes, 22 de junio de 2009

viernes, 19 de junio de 2009

lunes, 15 de junio de 2009

domingo, 14 de junio de 2009

sábado, 13 de junio de 2009

Chrysler K Cars

Lee Iacocca to Marchionne: Welcome to Chrysler



AUBURN HILLS, Mich. (AP) — The man who led the rescue of Chrysler in the 1980s welcomes Fiat chief Sergio Marchionne after the Italian automaker's takeover of the U.S. company.

Ex-Chrysler Corp. chief executive Lee Iacocca signed an open letter to Fiat Group SpA's chief dated Friday, saying he wants "to be among the first to welcome you to a truly unique auto company."

Iacocca wrote as honorary chairman of the National Chrysler Retirement Organization. Group President Chuck Austin also signed.

Iacocca, a former Ford Motor Co. president, helped lead Chrysler back to relevancy after a government bailout in the late 1970s.

The letter thanks the new Fiat-led Chrysler Group LLC for honoring most retiree benefit promises and offers "assistance as advisers in any capacity" the company needs.

miércoles, 10 de junio de 2009

Chrysler y Fiat Formalizan Alianza

Sergio Marchionne, CEO Chrysler Group LLC - June 10, 2009

Chrysler Group LLC Announces Organizational Structure Focused on Chrysler, Jeep®, Dodge and Mopar® Brands




Sergio Marchionne to Serve as Chief Executive Officer
Global Brand Structure to Bring Leadership Closer to Employees and Customers
Commercial, Industrial and Corporate Staffs to Support Brand Organization



Auburn Hills, Mich. , Jun 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 Officer of Chrysler Group LLC. “That effort starts with leadership.”

Chrysler Group’s new organization is based on a 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 communication 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 Commercial Organizations

Mr. Marchionne added: “The focus of the 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. The 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 Officer, 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 responsibility for 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 served most recently 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 appointment 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 commercial 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 individual 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 replaces 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 organization 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 held the position of Chief Financial Officer. Mr. Palmer replaces 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, Treasurer 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 agriculture 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.


About Chrysler Group LLC

Chrysler Group LLC, formed in 2009 from a global strategic alliance with Fiat Group, produces Chrysler, Jeep®, Dodge and Mopar® brand vehicles and products. With the resources, technology and worldwide distribution network required to compete effectively on a global scale, the alliance builds on Chrysler’s culture of innovation – first established by Walter P. Chrysler in 1925 – and Fiat’s complementary technology.

Headquartered in Auburn Hills, Mich., Chrysler Group LLC’s product lineup features some of the world's most recognizable vehicles, including the Chrysler Town & Country, Jeep Wrangler and Dodge Ram. Fiat will contribute world-class technology, platforms and powertrains for small- and medium-sized cars, allowing Chrysler Group LLC to offer an expanded product line including environmentally friendly vehicles.

Follow Chrysler news and video on:

Chrysler Connect blog: http://blog.chryslerllc.com
Twitter: http://www.twitter.com/chryslercom and www.twitter.com/chrysler
YouTube: http://www.youtube.com/pentastarvideo
Streetfire: http://members.streetfire.net/profile/ChryslerVideo.htm

Chrysler Group LLC and Fiat Finalize Global Strategic Alliance;





C. Robert Kidder to be named Chairman of U.S. Automaker
Sergio Marchionne to Serve as Chief Executive Officer


Auburn Hills, Mich. / Turin, Italy, Jun 10, 2009 -
Chrysler Group LLC and Fiat Group announced today that they have finalized their previously announced global strategic alliance, forming a “new" Chrysler that has the resources, technology and worldwide distribution network required to compete effectively on a global scale. The new Chrysler will begin operations immediately.

As part of the alliance, Fiat will contribute to Chrysler its world-class technology, platforms and powertrains for small- and medium-sized cars, allowing the company to offer an expanded product line including environmentally friendly vehicles increasingly in demand by consumers. Chrysler will also benefit from Fiat’s management expertise in business turnaround and access to Fiat’s international distribution network with particular focus on Latin America and Russia.

“This is a very significant day, not only for Chrysler and its dedicated employees, who have persevered through a great deal of uncertainty during the past year, but for the global automotive industry as a whole,” said Sergio Marchionne, who today was named Chief Executive Officer of Chrysler Group LLC. “From the very beginning, we have been adamant that this alliance must be a constructive and important step towards solving the problems impacting our industry. We now look forward to establishing a new paradigm for how automotive companies can operate profitably going forward."

Mr. Marchionne continued: "We intend to build on Chrysler’s culture of innovation and Fiat’s complementary technology and expertise to expand Chrysler's product portfolio both in North America and overseas. Those Chrysler operations assumed by the new company that were idled during this process will soon be back up and running, and work is already underway on developing new environmentally friendly, fuel-efficient, high-quality vehicles that we intend to become Chrysler's hallmark going forward.

“The same attributes that first attracted us to this alliance – a global automotive company with first-class technology, a devoted workforce, improved efficiency, a strong, global distribution network and an unyielding passion for building great cars that consumers want – are even more true today. While it does not solve every issue faced by the automotive industry today, this alliance, established with the full support of President Obama's Administration, is a very significant step toward positioning Fiat and Chrysler to be leaders among the next breed of global automakers. This has, I know, been a difficult process for everyone involved, but we are ready to prove to the American consumer that Chrysler can once again be a strong, competitive company that produces a full portfolio of reliable vehicles that capture the imagination and inspire loyalty,” Mr. Marchionne said.

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.

Chrysler Group in turn issued to a subsidiary of Fiat a 20 percent equity interest on a fully diluted basis in the new company. Fiat has also entered into a series of agreements necessary to transfer certain technology, platforms and powertrains to the new Chrysler. Fiat’s equity interest will increase in increments by up to a total of 35 percent in the event that certain milestones mandated by the agreement are achieved, but Fiat cannot obtain a majority stake in Chrysler until all taxpayer funds are repaid.

Similarly, the United Auto Workers’ Retiree Medical Benefits Trust, a voluntary employees’ beneficiary association trust (VEBA) has been issued an equity interest in Chrysler Group equal to 55 percent on a fully diluted basis. The U.S. Treasury and the Canadian Government have been issued an equity interest equal to 8 percent and 2 percent on a fully diluted basis, respectively. These interests reflect the anticipated share dilution as a result of Fiat’s incremental equity assumption once the milestones outlined in the strategic alliance agreement are achieved.

In addition to Mr. Marchionne, currently the Chief Executive Officer of Fiat S.p.A. serving as CEO, the new Chrysler 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.

As previously announced, Chrysler has entered into an agreement with GMAC Financial Services to provide automotive financing products and services to the Company’s North American (NAFTA) dealers and customers. GMAC Financial Services will be the preferred lender in North America for Chrysler, Jeep® and Dodge dealer and consumer business, including wholesale of new and used vehicles as well as retail.

About Chrysler Group LLC

Chrysler Group LLC, formed in 2009 from a global strategic alliance with Fiat Group, produces Chrysler, Jeep®, Dodge and Mopar® brand vehicles and products. With the resources, technology and worldwide distribution network required to compete effectively on a global scale, the alliance builds on Chrysler’s culture of innovation – first established by Walter P. Chrysler in 1925 – and Fiat’s complementary technology.

Headquartered in Auburn Hills, Mich., Chrysler Group LLC’s product lineup features some of the world's most recognizable vehicles, including the Chrysler Town & Country, Jeep Wrangler and Dodge Ram. Fiat will contribute world-class technology, platforms and powertrains for small- and medium-sized cars, allowing Chrysler Group LLC to offer an expanded product line including environmentally friendly vehicles.

Follow Chrysler news and video on:

Chrysler Connect blog: http://blog.chryslerllc.com
Twitter: http://www.twitter.com/chryslercom and www.twitter.com/chrysler
YouTube: http://www.youtube.com/pentastarvideo
Streetfire: http://members.streetfire.net/profile/ChryslerVideo.htm

About Fiat

Founded in 1899, Fiat is an automotive-focused industrial group, serving customers in more than 190 countries around the world. With some 185,000 employees, 114 R&D centers and 178 plants worldwide, the Fiat Group designs, manufactures and sells passenger cars (Fiat, Lancia, Alfa Romeo, Abarth, Maserati and Ferrari), agricultural and construction equipment (CNH Case New Holland), trucks and industrial vehicles (Iveco), and automotive components (FPT Powertrain Technologies, Magneti Marelli and Teksid). More information available at www.fiatgroup.com or www.fiatgroupautomobilespress.com.

martes, 9 de junio de 2009

Chrysler Announces Supreme Court Allows Transaction With Fiat To Close




Chrysler Group LLC Set To Emerge As A Stronger, More Competitive Global Company

Auburn Hills, Mich., Jun 9, 2009 - Chrysler LLC said today the Supreme Court of the United States has lifted the stay on its transaction with Fiat, enabling the previously announced global strategic alliance, forming a vibrant new car company, to proceed. The transaction is expected to close very shortly.

The new company will build upon Chrysler’s proud history of innovation and Fiat’s complementary technology and expertise to expand Chrysler’s product portfolio in the U.S., Canada and overseas. As the new company restarts operations in its facilities, it will continue work already underway on new environmentally friendly, fuel-efficient, high-quality vehicles that will become Chrysler's hallmark going forward.

Chrysler LLC thanks the Courts for their expeditious work throughout this process.

Chrysler México se fortalece con Fiat



El presidente de la automotriz en el país negó afectaciones en las operaciones por la bancarrota; se espera que Fiat y Chrysler colaboren en producción, ingeniería y comercialización.

Por: Rubén Hoyo
CIUDAD DE MÉXICO (CNNExpansión.com) — En entrevista, el presidente de Chrysler en México, Joseph Chamasrour, aclaró las dudas que existen sobre la alianza con Fiat en nuestro país.
Autocosmos.com (ACS): ¿Después de todas las noticias que se han suscitado en los últimos días, podría decirnos en qué consiste el plan de reestructura con Fiat?

Sr. Chamasrour: Chrysler en los Estados Unidos hizo un filing para el Capítulo 11 y yo quisiera aclarar que es para reestructurar la corporación en EU; estados financieros y deuda para lograr una situación mucho más sana, dicha situación no impacta en absoluto a México o Canadá. En México, Chrysler es una de las 10 empresas más grandes del país, estamos sólidos y no tenemos ninguna deuda, por lo que para Chrysler de México no es necesaria una reestructura. El Capítulo 11 es una reestructura financiera, mas no una quiebra que sería un Capítulo 7.

ACS: ¿Cómo se benefician Chrysler y Fiat de esta fusión?

Sr. Chamasrour: En la industria automotriz actual, se necesitan economías de escala, más volúmenes, la asociación de Chrysler y Fiat, nos va a permitir tener una empresa que producirá 4 millones de unidades al año, lo anterior permitirá reducir costos, tener componentes comunes, es decir economías de escala muy interesantes.

Por otra parte, Chrysler y Fiat son dos empresas que se complementan perfectamente, Fiat es fuerte en Brasil y Europa, mercados donde la presencia de Chrysler es muy débil, mientras que Chrysler es muy fuerte en Norteamérica, donde la presencia de Fiat es casi nula. En cuanto a gama de productos, sucede algo muy parecido, Fiat es muy fuerte en vehículos pequeños, eficientes, con motorizaciones diesel y etanol. En el caso de Chrysler, nuestra fortaleza está basada en pick ups, SUVs, crossovers, minivans y autos grandes.

ACS: ¿Lo anterior significa que en breve podríamos ver autos Fiat en los pisos de venta Chrysler en México?

Sr. Chamasrour: Fiat es una marca europea, que tiene su propio carácter, la fusión se va a basar en cuestiones de producción, ingeniería y algunos casos puntuales de comercialización, pero no sería en el piso de venta Chrysler. Fiat se mantendrá como marca independiente, con pisos de venta separados.

ACS: ¿Qué pasaría con la operación de Fiat en México que es mediante importadores actualmente?

Sr. Chamasrour: Es prematuro para saber qué va a pasar puntualmente en cada mercado, la asociación Fiat - Chrysler deberá completarse para fines de mayo, en ese momento hablaremos con Fiat para definir las acciones para cada país, Fiat es una marca joven en México y con mucho gusto veremos cómo podemos ayudarlos con nuestra infraestructura para ayudarles a crecer de acuerdo a lo que se merece su gama de productos.

ACS: ¿En términos de las plantas armadoras y empleados de Chrysler de México habrá cambios?

Sr. Chamasrour: Por el momento, se mantiene todo igual, como corporación, Chrysler tiene planes para lanzar 24 nuevos productos en los próximos 3 años, incluyendo vehículos eléctricos. La asociación presenta la posibilidad de fabricar modelos de Fiat en Norteamérica, actualmente se están evaluando dos o tres modelos y ellos ya están visitando nuestras plantas para ubicar a las mejores para fabricar de manera eficiente sus modelos. Como Chrysler de México, haremos todo el esfuerzo necesario para demostrar a Fiat que nuestro país es un lugar ideal para lanzar y fabricar nuevos productos.

ACS: ¿La posibilidad de fabricar Fiats en México, también contempla modelos Alfa Romeo?

Sr. Chamasrour: La verdad es que desconozco eso, por el momento, Fiat está analizando las ventajas de cada planta y México tiene grandes ventajas gracias a sus numerosos acuerdos de libre comercio, de fabricar Fiats en México, podríamos exportar a toda Latinoamérica, Norteamérica, Europa, Japón sin pagar aranceles. La calidad de nuestra mano de obra también es sobresaliente dentro de las plantas de Chrysler.

ACS: ¿Chrysler cerrará 8 plantas de EU para adecuar su capacidad productiva, cómo afecta eso a los vehículos que se venden en nuestro país en términos de refacciones y respaldo a los consumidores?

Sr. Chamasrour: Chrysler está ajustando su capacidad instalada de acuerdo a la demanda que como todos sabemos a casi 40% y para reestructurarse adecuadamente, Chrysler tiene que cerrar las fábricas que representan esa capacidad excedente, pero ello no significa que algún producto vaya a ser cancelado de manera súbita, ya que los productos pueden reubicarse y ser fabricados en otra planta, por ejemplo, vehículos como el Avenger y Cirrus, tienen solo 2 años en el mercado, son exitosos en México y cumplirán su ciclo de producto.

ACS: ¿Es el 200C el sucesor de estos vehículos?

Sr. Chamasrour: El 200C es un vehículo muy interesante y sin duda servirá de base para el reemplazo del Avenger y Cirrus, estamos trabajando ya en el desarrollo, pero por el momento el 200C es solo un prototipo.

ACS: ¿Luego de la asociación Fiat - Chrysler, siguen en pie los acuerdos de colaboración con Nissan que contemplan la comercialización del Trazo que es un Nissan Tiida en Sudamérica y de una nueva generación de la pick up Titan basada en la Dodge Ram?

Sr. Chamasrour: La comercialización del Trazo, es un producto que ya se empezó a comercializar en Brasil, por lo que no se cancela, sino que está funcionando. En la parte de la cooperación relativa a las pick ups, no tengo información de que se vaya a cancelar, por lo que yo pienso que ese proyecto sigue en pie, al ser acuerdos comerciales solamente, no tienen que ver con los acuerdos de sociedad como el de Fiat y Chrysler.

ACS: ¿Afecta en algo esta asociación Fiat - Chrysler a la operación de Mitsubishi en México?

Sr. Chamasrour: Chrysler de México es el distribuidor exclusivo de Mitsubishi en todo el territorio nacional, tenemos un contrato a largo plazo y distribuimos en una red separada y específica para Mitsubishi. Se trata de un acuerdo muy benéfico para ambas partes, es decir Chrysler de México y Mitsubishi, incluso tenemos una mayor penetración de mercado nosotros aquí en México como distribuidores, que Mitsubishi manejando su propia operación en EU o Canadá. No tendría sentido modificar un acuerdo de ganar - ganar como el que tenemos hoy.

ACS: ¿Por qué se olvidó Chrysler de los vehículos compactos como los K, desarrollados en los años ochenta?

Sr. Chamasrour: Es una gran pregunta, Chrysler se enfocó completamente en el mercado de Norteamérica y en ese mercado, siempre han preferido coches más grandes, por lo menos mientras los costos de la gasolina fueron bajos. En el caso de México, Chrysler trata de cumplir con las necesidades de este mercado, por lo que comercializamos los vehículos provistos por Hyundai, el Atos y el Attitude que son pequeños y económicos de combustible. Si queremos ser un fabricante global, tenemos que considerar que en muchos mercados la demanda se concentra en autos pequeños, con motores diesel y transmisiones manuales, por lo que la alianza con Fiat nos permitirá cubrir las demandas de prácticamente todo los mercados del globo.

ACS: Sr. Joseph Chamasrour, gracias por su tiempo.

Sr. Chamasrour: Gracias a Ustedes.

Fuente:
http://www.cnnexpansion.com/autos/2009/05/11/chrysler-mexico-se-fortalece-con-fiat

domingo, 7 de junio de 2009

Chrysler Shadow 1992

TV Commercial Mexico (1992)

sábado, 6 de junio de 2009

viernes, 5 de junio de 2009

AutoWeek Names Jeep® Wrangler as One of its Coolest Summer Cars





Jeep® Wrangler sales continue to gain momentum for fifth month in a row
Jeep Wrangler captures 33 percent share of Compact SUV segment
Jeep Wrangler Unlimited four-door accounts for 60 percent of Wrangler sales




Auburn Hills, Mich., Jun 4, 2009 - With summer just around the corner, AutoWeek magazine named the 2009 Jeep Wrangler as one of its top 10 Coolest Summer Cars for 2009.
"It doesn't get any more all-American than a Jeep Wrangler,” said Dutch Mandel – Editor and Associate Publisher, AutoWeek. “And with its removable top and off-roading ability, you can drive it anywhere and have a ball doing it."

Jeep Wrangler continued its strong upward sales trend for the fifth month in a row, with May 2009 sales of 9,294 units. Year-to-date, 44,080 Jeep Wranglers have been sold, up 11 percent from last year. Jeep Wrangler has a 33 percent share of the Compact SUV segment.

Jeep Wrangler Unlimited four-door also continues to be a hit, comprising 60 percent of all 4X4 Wrangler sales for 2009.

“More than 68 years ago, Jeep created the SUV category with the introduction of the Wrangler,” said Mike Accavitti – Director Brand Marketing, Chrysler LLC. “Today, our Jeep Wrangler remains an icon, set apart by its purpose-built design and ultimate capability.”

About Jeep Wrangler and Wrangler Unlimited
The two-door Jeep Wrangler remains true to its heritage as the original, extreme fun-and-freedom machine and is the only 4x4 with multiple open-air options.

Jeep Wrangler Unlimited is the only four-door open-air SUV on the market with room for five adult passengers and is extremely popular with customers who want a Jeep Wrangler, but need additional space and versatility.

Standard on both models is the innovative Sunrider® soft top, which includes a sun roof in addition to the full top-down option. Wrangler’s available Freedom Top,® a three-piece modular hard top, features three panels – left and right front-passenger panels and a rear panel – providing more options for open-air driving. Either top may be completely removed for a complete open-air experience.

The powerplant for all 2009 Jeep Wrangler and Wrangler Unlimited models is a 3.8-liter V-6 engine producing 202 horsepower (151 kW) and 237 lb.-ft. (321 N•m) of torque, backed by a standard six-speed manual gearbox or an available four-speed automatic transmission.

About the Jeep Brand
The Jeep brand is purpose-built for adventurous lifestyles. With more than 68 years of legendary 4x4 capability, the Jeep brand continues to fulfill promises of adventure, liberation and independence for those who truly embrace life, whether traveling on- or off-road. The ruggedness and responsiveness of Jeep vehicles provide owners with a sense of security to handle any situation with confidence.

The Jeep product line includes the brand icon, the Jeep Wrangler; the four-door Jeep Wrangler Unlimited; the popular mid-size Jeep Liberty (Cherokee outside North America); the venerable Jeep Grand Cherokee; the seven-passenger Jeep Commander; and the Jeep Patriot and Jeep Compass with all-new redesigned interiors and fuel economy of 28 mpg.

About AutoWeek
AutoWeek magazine is an automotive-enthusiast publication based in Detroit, and is one of more than 30 titles published by Crain Communications Inc.

Chrysler Under the Pentastar 6-5-09

miércoles, 3 de junio de 2009

2012 Jeep Grand Cherokee SRT8 design sketch

Chrysler LLC Announces June Consumer Incentives




GMAC Financial Services activates Chrysler, Jeep® and Dodge dealers for retail business


Auburn Hills, Mich., Jun 2, 2009 -
Chrysler LLC today announced enhanced June incentives that will appeal to what consumers want as they shop for new Dodge, Chrysler and Jeep® vehicles.

“Beginning this month we are pleased to offer special finance options to our customers through our new preferred lender, GMAC Financial Services,” said Steven Landry, Executive Vice President North American Sales and Marketing, Service and Parts – Chrysler LLC. “Our dealers are now activated for retail business through GMAC Financial Services, which gives consumers more financing options as they look to purchase from our exciting line up of Dodge, Chrysler and Jeep vehicles ”

Beginning June 2, Chrysler LLC is pleased to offer zero percent financing for 60 months through GMAC Financial Services on select 2009 model vehicles, or up to $4,000 Consumer Cash on 2009 model vehicles. In addition, current Chrysler LLC vehicle owners are eligible for $1000 Owner Loyalty cash on most 2008 and 2009 Chrysler, Jeep and Dodge vehicles. These offers are in addition to the $1000 Credit Union Bonus Cash on select products for qualified credit union members who finance their new vehicle purchase through a participating Credit Union under the Invest in America program. These incentives are valid through July 1, 2009.

Chrysler LLC Posts Best Retail Month of the Year; Reports May 2009 Sales




Chrysler LLC posts best retail sales month of 2009
Chrysler, Dodge and Jeep brands post double-digit retail sales gains compared to previous month
Jeep Wrangler sales continue upward trend increasing 4 percent year-over-year compared to May 2008


Auburn Hills, Mich., Jun 2, 2009 - Chrysler LLC today reported May U.S. total sales of 79,010 units, representing the best retail sales month of 2009 and a retail performance that was better than the industry average. Compared to May 2008, retail sales decreased 30 percent. During the month of May, Chrysler LLC did not produce any vehicles for fleet sales which resulted in a fleet sales reduction of 90 percent year-over-year for the same period.
“We are pleased that consumers responded to Chrysler’s reorganization by purchasing our products, resulting in our best retail sales month of the year,” said Jim Press, Vice Chairman and President - Chrysler LLC. “Overall our sales were above expectations during this month of transition.”

On June 1, the U.S. Bankruptcy Court approved the sale of the majority of Chrysler LLC’s assets to a new company, Chrysler Group LLC in alliance with Fiat S.p.A.

“The uncertainty that has been surrounding Chrysler for the last few months is coming to an end, and a vibrant, new company is beginning to take shape,” Press added. “One that will better serve our customers and dealers with a broader and more competitive lineup of environmentally friendly, fuel-efficient, high-quality vehicles.”

May Sales Highlights

May was the best retail sales month of 2009, with 74,741 retail units sold.
Chrysler's retail market share is higher than May of last year and also stronger than last month
Jeep Wrangler continued its strong upward sales trend for the fifth month in a row, with May retail sales up 4 percent year-over-year compared to May 2008 and up 8 percent compared to the previous month. Wrangler also increased its share of the segment for the fifth month in a row
Chrysler brand retail sales improved 32 percent compared to the previous month
Dodge brand retail sales increased 23 percent compared to the previous month
Jeep brand retail sales were up 21 percent compared to April 2009
“May was a very encouraging retail month for Chrysler and the industry,” said Steven Landry, Executive Vice President North American Sales and Marketing, Service and Parts – Chrysler LLC. “Retail sales for the industry came in stronger than expected and our retail performance during our restructuring was even stronger than the industry, giving us improved share and optimism that the market is showing signs of life.”

Compared to the same time period in 2008, Chrysler LLC’s total sales decreased 47 percent. The Company finished the month with 260,407 units representing an 86 day supply. Inventory is down 37 percent compared with May 2008 when it totaled 412,009 units.

Product Redistribution
Chrysler is taking actions to assist in the redistribution of remaining eligible inventory of dealers who had their sales and service agreements rejected. The inventory from the rejected dealers will be matched with dealers who are moving forward with the new company and need to replenish their inventory or acquire inventory for additional brand lines they may add.

lunes, 1 de junio de 2009

Court Approves Sale of Chrysler LLC Operations to New Company Formed with Fiat




Auburn Hills, Mich., Jun 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 Chrysler 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 develop 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 Cerberus 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 commitment of the U.S. Treasury, the President’s Auto Task Force, Members of Congress and representatives at the state and community level and Canadian Federal and Ontario Provincial governments in helping to move Chrysler Group forward. Without the extraordinary efforts of all 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.