Chrysler and Kettering University Rekindle Partnership to Develop Future Technical Talent

FLINT, MI--CAugust 10, 2011: hrysler Group heads back to school!

“Chrysler Group is a top-tier employer of both our co-op students and our alumni, and Kettering University is very pleased with our partnership with the Company.”

Chrysler Group and Kettering University in Flint, Mich., today celebrated the establishment of the first class of student co-ops that will work at the Company beginning this fall with a full day of on-campus events designed to rekindle the longstanding relationship between the Company and University.

"Chrysler Day" at Kettering University featured informational and recruiting booths staffed by Company representatives, product displays showcasing many of the Chrysler Group's 16 new or significantly refreshed vehicles and a presentation to students by Laura Soave, President and CEO of Fiat Brand in North America. Many current Chrysler Group employees who are alumni of the University were also in attendance.

"Kettering University has been a good source of key technical talent in the U.S. and at our Company for many years," said Nancy A. Rae, Senior Vice President of Human Resources, Chrysler Group LLC. "We are excited and proud to continue our relationship with the University and its students."

Students in the Kettering University co-op program alternate work and school terms every three months. Students work for the co-op sponsor -- in this case the Chrysler Group -- from freshman year until graduation and begin work on a thesis project in their senior year.

"Kettering University is very grateful to Chrysler Group for hosting a Corporate Day on campus and for providing an outstanding opportunity for our faculty, staff and students to see their beautiful new products and world-class technologies," said Kettering University President Robert McMahan. "Chrysler Group is a top-tier employer of both our co-op students and our alumni, and Kettering University is very pleased with our partnership with the Company."

About Kettering University

Kettering University is located in Flint, Michigan, and is the country's premier engineering, science and business university dedicated to co-op education, and a national leader in preparing entrepreneurs and innovators.

About Chrysler Group LLC

Chrysler Group LLC, formed in 2009 from a global strategic alliance with Fiat S.p.A., produces Chrysler, Jeep, Dodge, Ram, Mopar, SRT and Fiat vehicles and products. With the resources, technology and worldwide distribution network required to compete on a global scale, the alliance builds on Chrysler Group's culture of innovation, first established by Walter P. Chrysler in 1925, and Fiat's complementary technology that dates back to its founding in 1899.

Headquartered in Auburn Hills, Mich., Chrysler Group's product lineup features some of the world's most recognizable vehicles, including the Chrysler 300, Jeep Wrangler, Dodge Challenger and Ram 1500. Fiat contributes world-class technology, platforms and powertrains for small- and medium-size cars, allowing Chrysler Group to offer an expanded product line including environmentally friendly vehicles.