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May 10, 2014 Opening and closing remarks during the 2014 Investor Day meeting, May 6, 2014, at Chrysler World Headquarters by Sergio Marchionne, Chairman and CEO, Chrysler Group LLC.
May 7, 2014 Chrysler Group LLC will host a webcast and analyst conference call to review and discuss first-quarter 2014 financial results on May 12, 2014, at 9:30 a.m. ET/ 2:30 p.m. UK/ 3:30 p.m. CET.
February 9, 2014 Chrysler Group LLC (“Chrysler Group”) announced today the closing of its previously announced offering of secured senior debt securities, raising approximately $3.0 billion in net proceeds; and senior secured term loan facilities, raising approximately $2.0 billion in net proceeds.
February 4, 2014 Chrysler Group LLC (“Chrysler Group”) announced today the pricing of its previously announced offering of secured senior debt securities to yield approximately $3.0 billion in net proceeds. Chrysler Group also priced senior secured term loan facilities under which it expects to raise approximately $2.0 billion in net proceeds.
January 29, 2014 Chrysler Group LLC (“Chrysler Group”) announced today that it plans to offer up to $2.7 billion in aggregate principal amount of secured senior debt securities.
January 29, 2014 Chrysler Group LLC today reported preliminary full-year and fourth-quarter 2013 results. Full-year net income, including the net favorable effects of infrequent items, was $2.8 billion, up from net income of $1.7 billion a year earlier. Infrequent items for 2013 included a non-cash tax benefit of $962 million related to the release of valuation allowances on deferred tax assets during the fourth quarter, and a $24 million loss on extinguishment of debt related to two debt re-pricing transactions during the year. Net income for the fourth quarter was $1.6 billion, including the net favorable effects of infrequent items of $961 million, marking the Company’s tenth consecutive quarter of positive net income.
January 29, 2014 Worldwide shipments were up 3% over the prior year to 4.4 million units, driven by growth in NAFTA and APAC which more than offset moderate contractions in LATAM and EMEA. Jeep® set an all-time global sales record for the second consecutive year of 732,000 vehicles.
January 27, 2014 The webcasts and conference calls for presentation of Fiat S.p.A.’s and Chrysler Group LLC’s full-year and fourth-quarter 2013 financial results to the financial community − scheduled for Wednesday, Jan. 29, 2014 − will be held as a single event beginning at 9 a.m. NY/ 2 p.m. UK / 3 p.m. CET on Jan. 29, 2014.
January 17, 2014 Chrysler Group LLC will host an analyst webcast and conference call to review and discuss its preliminary year-end and fourth-quarter financial results on Jan. 29, 2014, at 8 a.m. ET/ 1 p.m. UK/ 2 p.m. CET.
January 1, 2014 Chrysler Group and the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (the “UAW”) have agreed to a memorandum of understanding to supplement Chrysler Group’s existing collective bargaining agreement.
December 23, 2013 Chrysler Group LLC today announced that it has taken advantage of favorable market conditions to reduce the interest rate on its $2.9 billion term loan.
October 30, 2013 Chrysler Group LLC today reported its preliminary third-quarter 2013 results, including net income of $464 million, an increase of 22 percent from $381 million in the same quarter a year earlier. The third quarter marks the Company’s ninth consecutive quarter of positive net income. Net income for the first nine months of 2013 totaled more than $1.1 billion.
September 23, 2013 Chrysler Group LLC announced today that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed initial public offering of common shares. The number of shares to be offered and the price range for the offering have not yet been determined.
July 29, 2013 Chrysler Group LLC today reported its preliminary second-quarter 2013 results, including net income of $507 million, an increase of 16 percent from $436 million in the same quarter a year earlier. The second quarter marks the Company’s eighth consecutive quarter of positive net income.
June 20, 2013 Chrysler Group LLC today announced that it has taken advantage of market conditions and its improved credit profile to reduce the interest rate for its $2.9 billion term loan and its undrawn $1.3 billion revolving credit facility. In addition, certain loan covenants have been amended to be in harmony with those in the Company’s bond agreement.
April 28, 2013 Chrysler Group LLC today reported its preliminary 2013 first-quarter results, including net income of $166 million on revenue of $15.4 billion. As anticipated, the quarter was negatively affected by the reduced vehicle shipments that resulted from key product launches, namely the 2013 Ram Heavy Duty trucks and the 2014 Jeep Grand Cherokee, as well as preparation for the second-quarter production launch of the all-new 2014 Jeep Cherokee. These actions are expected to position the Company for a strong performance in the second half of 2013. The first-quarter results mark the Company’s seventh consecutive quarter of positive net income, reflecting continued improvements in product acceptance, pricing discipline and market share.
January 29, 2013 Chrysler Group LLC today reported preliminary net income of $1.7 billion for the full year 2012, up from net income of $183 million a year ago, exceeding the guidance provided earlier in the year. Full-year 2011 Adjusted Net Income(a) was $734 million, after adjusting for the $551 million loss on extinguishment of debt recognized in the second quarter of 2011.
October 28, 2012 Chrysler Group LLC today reported preliminary third-quarter financial results, including net income of $381 million, an increase of 80 percent from the same quarter a year ago, reflecting continued sales increases for the product lineup in total, including sales of the all-new Dodge Dart. For the first nine months of the year, net income totaled $1.3 billion.
July 29, 2012 Chrysler Group LLC today reported its preliminary second-quarter financial results, including net income of $436 million, an $806 million improvement from the $370 million net loss in the same quarter last year, which had included a $551 million charge related to repayment of its government loans. Excluding the charge, net income increased $255 million, or 141 percent, period over period, as the Company continues to achieve its business targets and improve sales across all brands.
July 16, 2012 Chrysler Group LLC will host an analyst webcast and conference call to review and discuss its preliminary second-quarter 2012 financial results on Tuesday, July 31, 2012, at 10 a.m. ET/ 3 p.m. UK/ 4 p.m. CET.
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