Environmental

Chrysler Group Statement Regarding Department of Energy Advanced Technology Vehicles Manufacturing Loan Application

Auburn Hills, Mich.–(ENEWSPF)–February 16, 2012.  Chrysler Group LLC has decided to withdraw its application for an Advanced Technology Vehicles Manufacturing loan from the Department of Energy. The Company remains confident in its strategy to bring competitive, fuel-efficient vehicles and technologies to market on schedule. This decision will not impact Chrysler’s ability to achieve its previously announced business plan targets.

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Since it was formed in June 2009, Chrysler Group LLC has announced investments of more than…

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