Chrysler Group LLC Reports Financial Results for the Period Ended March 31, 2010

Sergio Marchionne, Chief Executive Officer of Chrysler Group LLC stated, “This positive operating result in the first quarter is a concrete indication to our customers, dealers and suppliers that the 2010 targets we have set for ourselves are achievable. We are also generating cash to finance the investments being made in our product portfolio and brand repositioning,” said Sergio Marchionne, Chief Executive Officer, Chrysler Group LLC. “There has already been an uptick in customer traffic in our dealerships in Q1 and we are confident that Chrysler sales will continue to increase as we launch new products in the second quarter, beginning with the all-new 2011 Jeep® Grand Cherokee. Moreover, later this year, Chrysler will launch 16 all-new or refreshed products including the all-new Chrysler 300, Dodge Charger, E-CUV, the iconic Fiat 500, and the Sebring replacement.”

Please see the attached file on the right for the full news release.

Financial Statement: http://www.chryslergroupllc.com/pdf/news/3-31-10-financial-statement.pdf