Chrysler Appoints Phil F. Murtaugh CEO -- Asia Operations

Auburn Hills, Michigan (ots/PRNewswire) -

-- Reports to Michael M. Manley, Executive Vice President --
International Sales

-- Growth in International Markets Key to Recovery and
Transformation Plan

Chrysler LLC today named Philip Murtaugh as CEO -- Asia
Operations. In this role, Murtaugh will be responsible for all of
Chrysler's Asian operations, including China and India. He will
report to Michael Manley, Executive Vice President -- International
Sales.

"I can't think of anyone more qualified to lead our business
activities in this critical growth region," said Manley. "Phil has a
proven track record and we are excited he has joined our team."

"Growth in international markets and leveraging partnerships are
cornerstones of the Chrysler Recovery and Transformation Plan," said
Thomas W. LaSorda, Vice-Chairman and President.

Murtaugh was executive vice president of Chinese automaker
Shanghai Automotive Industry Corp. (SAIC). SAIC is China's largest
automotive company with sales of 1.3 million vehicles per year. SAIC
has over 70 subsidiary companies in the automotive business,
including well-known joint ventures with General Motors (GM) and
Volkswagen.

Before joining SAIC, Murtaugh served as Chairman and Chief
Executive Officer of the General Motors China Group from June 2000
until April 2005. Based in Shanghai, he was responsible for the
overall coordination of GM's extensive operations in mainland China
and Taiwan. He also was a member of GM's Asia Pacific Strategy Board.

Murtaugh earlier served as Executive Vice President of Shanghai
General Motors and General Manager of GM China's Shanghai
representative office. He was part of the negotiating team and played
a key role in the launch of Shanghai General Motors, GM's largest
venture in China.

Since joining GM in 1973 as a General Motors Institute (GMI)
student with Fisher Body, Murtaugh held several positions in
production, manufacturing, die and metal stamping, and product
planning in the United States, Japan and China. These include
Director of manufacturing for GM Overseas Corporation -- Japan,
Executive Assistant to the Executive Director of product planning at
Isuzu Motors and President of IBC in Luton, England.

In addition to a bachelor's degree from GMI (now Kettering
University), Murtaugh holds a master's degree in industrial
management from Stanford University. A U.S. citizen, Murtaugh is
married with four children.

Additional information and news from DaimlerChrysler is available
on the Internet at: http://cgmedia.chrysler.com.

Chrysler LLC, headquartered in Auburn Hills, Mich., produces
Chrysler, Jeep(R), Dodge and Mopar(R) brand vehicles and products.
Total sales worldwide in 2006 were 2.7 million vehicles. Sales
outside of North America were the highest in a decade with an
increase of 15 percent over 2005. On the heels of the company's
record product launch year (Chrysler launched 10 all-new vehicles in
2006), the company plans to extend that streak with eight all-new
products in 2007. Its product lineup features some of the world's
most recognizable vehicles, including the Chrysler 300, Jeep Wrangler
and Dodge Grand Caravan. The Chrysler Foundation, the company's
philanthropic arm, gave US$23.6 million in grants in 2006. Chrysler
is a unit of Cerberus Capital Management.

Web site: http://media.chrysler.com
http://www.chrysler.com
http://cgmedia.chrysler.com

ots Originaltext: Chrysler LLC
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Contact:
Jason Vines, +1-248-512-3164, cell, +1-248-752-3309,
jhv2@chrysler.com, or David Elshoff, +1-248-512-2690, cell,
+1-248-797-2300, dte@chrysler.com, both of Chrysler LLC; or Trevor
Hale, +86-10-65983503, cell, +86-13601337084,
Trevor.Hale@daimlerchrysler.com, for Chrysler LLC. NOTE TO EDITORS:
For more information, please visit the Chrysler media site at
http://cgmedia.daimlerchrysler.com. For more information about 2007
labor negotiations, please visit http://www.chryslerlabortalks07.com