Chrysler Group to Announce Kenosha Investment Plans

  -  New "Phoenix" V-6 engine is key part of company's $3 billion powertrain
     offensive

  -  Kenosha investment part of Chrysler Group Recovery and Transformation
     Plan

  What:     Chrysler Group will announce plans to re-tool its 1.9 million
            square foot Kenosha Engine Plant for the new "Phoenix" V-6
            engine.

  Who:      Jim Doyle, Governor of Wisconsin
            Allan Kehl, Kenosha County Executive
            John Antaramian, Mayor of Kenosha
            Richard Chow-Wah, Chrysler Group Vice President - Powertrain
             Manufacturing
            Kevin Sell, Manager - Chrysler Group Kenosha Engine Plant
            Dan Kirk, President, UAW Local 72

  When:     Wednesday, June 13, 2007, 9 a.m.

  Where:    Chrysler Group Kenosha Engine Plant
            5555 30th Avenue, Kenosha, Wisconsin

  Details:  As part of a $3 billion "Powertrain Offensive," Chrysler Corp.
            will launch a new family of V-6 engines named "Phoenix."

  Other:    Chrysler will not be providing plant media tours at this time.
            Media parking can be found on the east side of 30th Avenue, near
            the corner of 52nd Street / Rte. 158.

  Contact:  David Elshoff
            Chrysler Group
            (248) 512-2690 (office)
            (248) 797-2300 (cell)
            dte@dcx.com

            Curtrise Garner
            Chrysler Group
            (248) 512-2712 (office)
            (248) 761-8309 (cell)
            cg61@dcx.com

            Laura Wilson
            Strat@comm
            (248) 649-8000 (office)
            (616) 902-1511 (cell)
            lwilson@stratacomm.net

PRNewswire -- June 11
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