Chrysler Appoints Phil F. Murtaugh CEO -- Asia Operations


AUBURN HILLS, Michigan, September 7 /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



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