Press Release: Chrysler Dedicates New World Headquarters

06/06/96

AUBURN HILLS, Mich., PRNewswire -- On the eve of its 71st
birthday, ten years after the groundbreaking of what has become
the automotive industry's only complete product development
facility, Chrysler Corporation today dedicated its new World
Headquarters in Auburn Hills.  In simultaneous ceremonies, the
Company also celebrated the opening of its new European
Headquarters in Brussels and its Japanese Headquarters in Tokyo.

"Today we're celebrating Chrysler getting 'back to the 
future,' which is an accurate description of Chrysler's inter-
national story," said Eaton.  "Chrysler's international sales
for the first five months are up 21 percent.  If that's not
enough, today's dedication confirms our commitment to global
growth.  In 1991, Chrysler distributed its products in just 22
countries outside of North America -- today, we operate in
approximately 100."

The $1.1 billion Auburn Hills Complex is the largest 
facilities investment in Chrysler Corporation's history.  The
Complex houses more than 10,000 employees and is the site of the
World Headquarters and the Chrysler Technology Center, a
research, development, design and testing facility unparalleled
by others in the automotive industry.

Chrysler Europe's 75,000-square-foot headquarters in Brussels
will house 170 employees by 1997 in two four-story buildings
connected by a Pentastar-topped glass atrium.  Brussels was
chosen because of the city's excellent infrastructure for multi-
national companies and its geographically central location for
Chrysler distributors and customers throughout Europe.

The Chrysler Japan headquarters office complex opened 
earlier this year and houses 350 employees in the Aoyama
District of Tokyo.  Asia is the world's most promising growth
market.  Sales of Chrysler vehicles in Japan began in 1989.

"The focal point of today's ceremony is the new World 
Headquarters and Technology Center," Eaton said.  "No other
company in the auto industry, anywhere else in the world, has
anything that even comes close to this place.  THIS is our
advantage ... our future ... a 4.9 million square foot facility
housing under one roof all the people and resources needed to
design, test, build, evaluate and market world class vehicles."