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Statement in Support of Auto Sales Stimulus Actions

March 30, 2009

John T. Bozzella , Senior Vice President - External Affairs and Public Policy (Americas), Chrysler LLC, said today, "We applaud the Obama Administration for taking measures to stimulate auto sales, including excise and sales tax relief in the current stimulus bill, and support for fleet modernization legislation."

Chrysler LLC Statement in Response to the Announcement by the Administration, U.S. Treasury and President’s Auto Task Force, Attributed to Chrysler LLC Chairman and CEO Bob Nardelli

March 30, 2009

Today marks an important milestone for Chrysler LLC. We are encouraged by the commitments of the Administration, U.S. Treasury and President’s Auto Task Force to the American automobile industry and Chrysler’s viability, with a Fiat alliance. We are pleased that Chrysler, Fiat and Cerberus have reached agreement on a framework of a global alliance, supported by the U.S. Treasury.

Letter to Stakeholders

Today, Chrysler LLC submitted its viability plan to U.S. Treasury Secretary Geithner in line with the government’s deadline. It gives detailed information on how we will achieve and sustain long-term viability. We believe our submission meets the terms of the federal loan demonstrating our viability as a stand-alone company, as well as the potential benefits of a strategic alliance.

Statement Regarding Status of Federal Assistance to Chrysler LLC

December 31, 2008

Auburn Hills, Mich. - “We recognize the magnitude of the effort by the Treasury Department to complete these multiple financial arrangements quickly and sequentially.

Chrysler Statement Re: the Hiring of Jones Day

December 5, 2008

During the initial Congressional hearings in November, the automotive industry was asked to study why bankruptcy was not a better alternative for restructuring, versus the working capital bridge loans requested. In response, Chrysler LLC engaged outside advisors, including Jones Day, in order to provide a comprehensive independent analysis of the various options available to the company. The results of this evaluation determined the impact to the overall domestic automotive industry would be devastating. This conclusion was confirmed by the Committee’s independent expert witness, the economist Dr. Mark Zandi, of Moody’s Economy.com, “Bankruptcy at this point in time, would be cataclysmic for the economy.”

Annual Direct Economic Impact of Chrysler LLC in America Estimated to Exceed $29 Billion

December 5, 2008

Chrysler LLC today released figures revealing that the direct economic impact of the company’s operations in the U.S. exceeds $29 billion annually.

Highlights of Chrysler LLC Plan Submitted Today to the Senate Committee on Banking, Housing and Urban Affairs and the House Committee on Financial Services

December 2, 2008

Chairman and CEO Robert Nardelli looks forward to testifying before the committees later this week. Chrysler will urge the immediate adoption of legislation that will allow domestic automakers to weather the current national economic crisis and continue to invest in industry-leading products, technologies and vehicles of the future. Full plan available as a pdf file.

Chrysler Employees and Dealers Speak Out For Federal Assistance

December 1, 2008

As Chrysler get s ready to make its case to Congress later this week for a financial bridge loan to help ensure the company's long-term viability and competitiveness, we asked our employees and dealers to help put the situation into perspective by recording their responses to two questions:

Chrysler LLC Statement Re:  Request From Congress for a Business Plan Regarding Government Financial Assistance

November 20, 2008

Chrysler LLC appreciated the opportunity to appear before Congress the past two days and looks forward to reviewing its plan in detail, in the near future.

Chrysler LLC Statement Regarding Pelosi and Reid Letter to Treasury

November 8, 2008

"We appreciate that Congress recognizes the significance of the domestic auto industry to the health of the overall economy. We will continue to urge Congress and the Bush Administration to immediately address the liquidity crisis facing the automotive industry due to the economic downturn and the lack of available financing for our dealers and customers."
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