Chrysler LLC Honored for Diversity Leadership by Several National Organizations

Chrysler LLC has recently been recognized by the NAACP and Black Enterprise magazine for its commitment to diversity. Specifically, the organizations highlighted the company's diversity accomplishments and results with multicultural employees, suppliers and customers.

Black Enterprise magazine lists Chrysler as one of its 2008 "40 Best Companies for Diversity" for the fourth consecutive year. Companies selected for the report are identified for their demonstrated strength and performance in four key categories: supplier diversity, senior management, board involvement and employee base.

The NAACP identified Chrysler as the best company in the automotive sector within its 12th Annual Economic Reciprocity Report. The report details corporate diversity progress in multiple industries and across five categories: African American employment, marketing/communications, supplier diversity, dealerships and charitable giving.

Chrysler was recognized by the NAACP's report for its leadership efforts in supplier diversity and charitable giving, receiving a grade of A- in each category from the organization. The company's Diversity Supplier Development program was rated as the best in the industry.

"The fiercely competitive global automotive market demands that companies identify and cultivate effective leaders at every level," said Nancy Rae, Chrysler LLC Executive Vice President - Human Resources and Corporate Communications. "Leadership development is a key metric for success at Chrysler and is seen as a strategic investment and a competitive advantage for the company."

Within the July 2008 issue of Black Enterprise, Chrysler LLC employee Tonya Berry is profiled as an up-and-coming leader within the company based upon her work assignments, educational accomplishments and cross-functional development opportunities.

Also for the fourth consecutive year, the Chrysler Supplier Diversity program is highlighted as an asset by the magazine and cited as a key reason the company has made the "40 Best Companies for Diversity" list.

"Diversity is a key strategic tool at Chrysler and plays an important role as the company continues to enhance its competitive position," said Monica Emerson, Chrysler LLC Executive Director - Global Diversity Office. "Being recognized for our diversity efforts by leading organizations like the NAACP and Black Enterprise magazine is inspiring and motivates us to remain steadfastly committed to diversity in all aspects of our company."

SOURCE Chrysler LLC