December 5, 2008 , Auburn Hills, Mich. - Chrysler LLC today released figures revealing that the direct economic impact of the company’s operations in the U.S. exceeds $29 billion annually.

The analysis covers economic activity in all 50 states, and includes annual wages, pensions and state and local taxes paid as well as supplier and minority supplier purchases. The analysis also includes the number of employees, retirees, dealers and suppliers in each state.

Highlights:

  • Chrysler U.S. employees paid $1.3 billion (2007) in Federal taxes.
  • Chrysler paid nearly $6 billion (2007) in annual wages in the U.S.
  • Chrysler paid nearly $2 billion (2007) in pension benefits to more than 120,000 retirees (2007) living in all 50 states.
  • Chrysler paid nearly $280 million (2007) in state and local taxes in the U.S.
  • Chrysler purchases more than $21.3 billion (through October 2008) from more than 6,000 parts suppliers located in all 50 states (this figure does not include an additional $9 billion (2008) spent annually -- mostly in the U.S. -- on logistics and indirect equipment and services).  Chrysler spends more than $4.8 billion (2007) with minority suppliers annually. Since 1983, Chrysler has sourced more than $38 billion to minority-owned suppliers.
  • Chrysler’s more than 3,300 dealers (2008) employ more than 144,000 people in local communities throughout the U.S.

The analysis supports the case that despite the entire automotive industry facing tough economic challenges, Chrysler has not wavered in its commitment to its people, partners and local communities throughout the U.S.

About Chrysler LLC
Chrysler LLC, headquartered in Auburn Hills, Mich., produces Chrysler, Jeep®, Dodge and Mopar® brand vehicles and products. Total sales worldwide in 2007 were 2.7 million vehicles. Sales outside of North America were the highest ever with an increase of 15 percent from 2006. Its product lineup features some of the world's most recognizable vehicles, including the Chrysler 300 and Town & Country, Jeep Wrangler and Grand Cherokee, and Dodge Challenger and Ram. The Chrysler Foundation, the company's philanthropic arm, annually supports hundreds of charitable organizations in the United States and throughout the world. In 2007, the foundation gave approximately $21 million in charitable donations.