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Old 09-10-2009, 10:01 AM
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Statement Regarding Status of the GEMA Alliance

Chrysler Group LLC Statement Regarding Status of the GEMA Alliance



Auburn Hills, Mich., Sep 10, 2009 - Effective August 31, 2009, Global Engine Manufacturing Alliance (GEMA) is now a wholly-owned subsidiary of Chrysler Group LLC. Former GEMA partners, Mitsubishi Motors Corporation and Hyundai Motor Company, have sold their interests in the manufacturing alliance to the Chrysler Group. Going forward, GEMA and its employees will continue to build state-of-the-art engines for Chrysler Group's line of exciting, fuel efficient vehicles.
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