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Chrysler Group LLC

 
Hoover's Profile: Chrysler Group LLC
Contact Information
Chrysler Group LLC
1000 Chrysler Dr.
Auburn Hills, MI 48326-2766
MI Tel. 248-576-5741
Toll Free 800-992-1997

Type: Private
On the web: http://www.chryslerllc.com
Employees: 66,409
Employee growth: (14.6%)

Chrysler Group is hoping it won't be forced to don the Shroud of Turin. The insolvent carmaker is hooking up with Fiat in its search for an automotive resurrection. A back-to-basics alliance is seen as the only road for the maker of Chryslers, Dodges, and Jeeps. The deal gives Chrysler access to Fiat's small-car expertise and global markets. Chrysler is counting on more financial aid from the Canadian and US governments. Cerberus Capital Management, plagued by buyer's remorse, dropped its 80% stake in Chrysler. With the Obama administration's auto task force unable to convince some lenders to accept a deal on Chrysler's debt, the company filed for Chapter 11 protection from creditors in 2009.

Key numbers for fiscal year ending December, 2007:
Sales: $59,700.0M
One year growth: (4.0%)

Officers:
Chairman: C. Robert (Bob) Kidder
CEO and Director: Sergio Marchionne
SVP and CFO: Ronald E. Kolka

Competitors:
Ford Motor
General Motors
Toyota

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