Statement in Response to the Michigan Economic Growth Authority (MEGA) Board Meeting in Lansing, Mich.

Chrysler Group LLC would like to thank the Governor for her support of the Company’s commitment to the State of Michigan through a potential investment of $850 million in the Sterling Heights (Mich.) Assembly Plant and surrounding stamping plants, and $150 million in the GEMA (Dundee, Mich.) Plant.

Chrysler’s announcement in July that the Sterling Heights facility would remain open beyond 2012 was predicated on inducements received from both the State and the City.

Additionally, Chrysler is considering a further investment in its GEMA facility to expand capacity and prepare the plant for production of future engines pending incentives.

We value our partnerships with the State and local governments and look forward to working with them to finalize these commitments.