Dieter Zetsche and Chrysler Group Honored For Diversity By Savoy Professional Magazine

* Chrysler Group President and CEO, Dieter Zetsche, receives corporate CEO 'From the Top' award * Chrysler Group given 'Automotive Initiatives' honor

AUBURN HILLS, Mich., June 19 -- Dieter Zetsche, Chrysler Group President and CEO, received the "From the Top" award from Savoy Professional Magazine on Wednesday, June 18 at the third annual Savoy Professional Diversity Summit at the Townsend (Birmingham, Mich.) Hotel. The Chrysler Group also received the "Automotive Initiatives" award during the program's Excellence in Diversity Awards banquet. The one-day conference was attended by some of the nation's top diversity, marketing and human resource executives.

The "From the Top" award is given to the corporate CEO that best demonstrates and implements effective diversity programs inside and outside of the Company. The "Automotive Initiatives" award recognizes a company for its overall commitment to diversity through the support of internal and external diversity programs. This includes minority dealership development, diversity supplier development and multicultural marketing.

"Chrysler Group believes the scope of equality extends beyond the walls in which we do business," said Dieter Zetsche, President and CEO of Chrysler Group. "We are committed to promoting diversity among our suppliers, dealers, investment managers, customers and communities, because in the end -- diversity makes good business sense.

"We also appreciate the efforts of Savoy Professional and other organizations which strive to highlight the diverse population of highly qualified and talented individuals. These efforts are vital to all companies who seek to enjoy global success through diversity," said Zetsche.

"Companies like Chrysler Group recognize the shift in the demographics of the American marketplace and are ready to meet those changes in order to keep their brands relevant and to grow," said Leonard Burnett, Vanguarde's Group Publisher. "Savoy Professional is excited to once again highlight the best in the field of diversity and Chrysler Group is definitely one of the best."

Chrysler Group has embraced an enterprise-wide approach to diversity which includes its suppliers, dealers, investment managers, customers, communities and workforce.

The Company is often heralded as one of the leaders in supplier diversity. Since 1983, the Company has spent $21 billion with minority suppliers and is the architect of several first-of-its-kind mentoring and matchmaking programs designed to enhance minority supplier development. And, Chrysler Group's minority dealer numbers in terms of sales, throughput and profitability per outlet are significantly higher than the corporate average.

Vanguarde Media, Inc. (VMI) creates and distributes world-class media for the urban marketplace. The company owns HONEY, a fashion and entertainment magazine aimed at stylish urban women, heart & soul, a vibrant living magazine for black women, SAVOY, a general interest life and style magazine, and, Savoy Professional, highlight workplace diversity.

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