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Daily Good News


Daily News Summary from Chrysler Group
April 26, 2012

The Daily News Summary is a digest of significant news about Chrysler Group LLC from print, electronic and online media. It is to be used only by employees of Chrysler Group LLC and its dealers and is not for circulation, distribution or publication to external audiences.

Today's summary includes these reports:

    • Chrysler more than quadruples first-quarter profit
    • 2012 Dodge journey - family-friendly, flexible
    • Jeep® brand unveils videos at Nobel laureates summit
    • 2013 Viper 'turns heads on the road'
    Chrysler more than quadruples first-quarter profit, Bloomberg, April 26
    o Chrysler Group said first-quarter net income more than quadrupled as car models such as the 200 and 300 sedans helped capture the industry's biggest U.S. market-share gain, Bloomberg reported. Profit climbed to $473 million for the three months ended March 31, from $116 million a year earlier, the company said today, Bloomberg said. Sales increased 25 percent to $16.4 billion as the company tapped into Detroit's comeback with a Super Bowl television ad featuring actor and director Clint Eastwood, the news service said. Chrysler's U.S. deliveries of passenger cars surged 89 percent this year through March from a year earlier, with the 200 and 300 sedans providing the biggest gains, according to researcher Autodata Corp., the article said. "Chrysler continues to grow their business in a very disciplined way, balancing demand and supply better than their Detroit competitors," Warren Browne, a vice president at consultant AutomotiveCompass, said, Bloomberg reported.
    2012 Dodge journey - family-friendly, flexible, The Province (Canada), April 25
    o The Dodge Journey is a good-looking, great value, multi-use family vehicle that can seat five or seven occupants, The Province in British Columbia said. Chrysler Group certainly puts its expertise in flexible multi-seat interiors to good use in Journey, The Province said. The reviewer was particularly impressed by both the performance of the V6 engine and quietness of the cabin, the article said. Journey's suspension certainly does a good job of softening irregularities in the road, particularly at highway cruising speeds, the article said. "Fantastic value," The Province said. The hugely popular Dodge Journey is a family-friendly vehicle that won't break the bank, yet has the look, feel and features of a far more expensive vehicle, the article said.
    Jeep® brand unveils videos at Nobel laureates summit, Detroit Free Press, April 26
    o Jeep® is betting that promoting world peace can help sell vehicles, the Detroit Free Press said. On Wednesday, Chrysler's strongest brand unveiled two videos promoting world peace and humanitarian aid at the 2012 World Summit of Nobel Peace Laureates in Chicago, the paper said. One video highlights the humanitarian efforts actor Sean Penn has led in helping Haitians recover from the 2010 earthquake. The footage featured several Jeep Wrangler SUVs that were donated to the J/P Haitian Relief Organization, the article said. The second video was filmed with several Nobel Laureates who were in Chicago for the summit including the Dalai Lama, the spiritual leader of Tibet, former Soviet President Mikhail Gorbachev, former South African President F.W. de Klerk and Lech Walesa, former president of Poland, the article said. Walesa will speak in Detroit Thursday to workers at Chrysler's Jefferson North assembly plant, the Free Press said.
    2013 Viper 'turns heads on the road,' Detroit Free Press, April 25
    o The first prototype version of the 2013 SRT® Viper was prowling the roads of southeast Michigan on Monday with Ralph Gilles, President and CEO of the SRT brand, behind the wheel, the Detroit Free Press said. "What a sensation driving that car on the freeway," said Gilles, who has championed the super sports car's revival, the Free Press said. "With the modern-day cell phones everyone was almost crashing into me trying to take pictures," Gilles said, the paper reported. The 2013 SRT Viper, to be equipped with an 8.4-liter V10 engine that generates 640 horsepower and nearly 600 pound-feet of torque, will reach dealer showrooms during the fourth quarter of this year, the article said.

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Daily Good News
Daily News Summary from Chrysler Group The Daily News Summary is a digest of significant news about ...