Chrysler Names James E. Press Vice Chairman and President

    - Chairman and CEO Robert L. Nardelli teams former Toyota chief with Vice
    Chairman and President Thomas W. LaSorda

    - "World-class supply and demand leaders"

    - Joins Nardelli and LaSorda in new Office of the Chairman and on Board of
    Directors of Chrysler LLC

    - Press to run North American Sales, International Sales, Global
    Product Strategy, and Service and Parts

    AUBURN HILLS, Mich., Sept. 6 /CNW/ -- Chrysler LLC Chairman and CEO
Robert Nardelli today announced the appointment of James Press as Vice
Chairman and President. Press, who was President and Chief Operating Officer
of Toyota Motors North America and a Director of the parent company, will now
be responsible for North American Sales, International Sales, Global
Marketing, Product Strategy, and Service and Parts for Chrysler LLC.
    "Tom LaSorda and I are thrilled that one of the most successful
executives in the history of the auto industry has joined our leadership team
at the New Chrysler," said Nardelli. "Our top team now consists of a
world-class 'supply' leader in Tom and an equally world-class 'demand' leader
in Jim."
    "I've known Jim for many years and know that he will hit the ground
sprinting," said LaSorda. "I look forward to partnering with him and Bob as
part of the Office of the Chairman."
    Press joins LaSorda as a Vice Chairman and President, reporting to
Nardelli. LaSorda's responsibilities will continue to include Manufacturing,
Procurement and Supply, Employee Relations and Global Business Development and
    "I am grateful for the support and opportunities I received during my
three-plus decades at Toyota," said Press. "I relish this new opportunity with
the Chrysler team to be a part of the resurgence of a true American icon here
and around the world. Part of my new responsibilities will be strengthening
and energizing the dealer body. This is something I was passionate about at
Toyota and will be passionate about at Chrysler."
    Press joins Chrysler after 37 years with Toyota, where he most recently
served as the first non-Japanese President of Toyota Motor North America,
responsible for sales, engineering and the company's 15 manufacturing plants
with 41,000 employees in North America. He was also the first non-Japanese
executive selected to the Board of Directors of Toyota Motor Corporation.
    During his tenure at Toyota, the company grew from an upstart new company
selling 100,000 vehicles per year to the second largest auto company in the
United States.
    Press becomes a member of the Chrysler LLC Board of Directors and the
Board of Managers of Cerberus Operations and Advisory Co. (COAC), LLC. Press
joins LaSorda as Vice Chairman of COAC.
    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 Commander and Dodge
Charger. The Chrysler Foundation, the company's philanthropic arm, gave $23.6
million in grants in 2006. Chrysler is a unit of Cerberus Capital Management.

For further information:

For further information: Jason Vines, +1-248-512-3164 (office), 
+1-248-752-3309 (cell),, or Mike Aberlich, +1-248-512-2704 
(office), +1-248-635-7072 (cell),, both of Chrysler LLC

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