Chrysler 2009 Annual Report Download - page 37

REPORT ON
OPERATIONS
KEY EVENTS
IN 2009
36
JUNE
Following a letter of intent signed in
January, Fiat Group and Chrysler Group
LLC finalize the agreement for a global
strategic alliance. On the same date,
the new Chrysler (held 20% by Fiat)
becomes operational.
JUNE
Launch of the EcoDaily with new
styling and engine line up, as well
as enhancements to comfort and
electronics.
JUNE
The European Investment Bank (EIB) and Fiat Group sign €400 million loan
agreement. The proceeds will be used to finance certain of the Group’s
research and development projects.
As part of the World Class Manufacturing process, two FGA plants receive
Silver Level certification: Melfi (the first Italian plant to reach this level) and
Tychy in Poland.
For the new Iveco EcoDaily, FPT Powertrain Technologies develops two
2.3-litre engines (106 hp and 126 hp) and two 3-litre engines (140 hp
and 170 hp). EcoDaily is also released in Natural Power version, with EEV
compliant bifuel CNG/gasoline engine.
FPT and Perkins Engine Company Ltd sign strategic cooperation agreement
for the long-term supply of a “clean” 3.4-litre engine for use on agricultural
and construction equipment.
JULY
The Fiat 500C (cabriolet version) goes on sale at Italian dealers on July 4th,
the 2nd anniversary of the new 500 and 52nd anniversary of the launch of the
original model.
Fiat and Guangzhou Automobile Group Co. Ltd. (GAC Group) sign a framework
agreement for establishment of a 50/50 joint venture to produce cars and
engines for the Chinese market.
Issue of €1.25 billion bond which pays 9% coupon and matures in July 2012.
Launch of the Austoft 8000 series sugar cane harvester which offers 35%
increase in chopping power and electronic ground drive with cruise control.
European launch of the TD4000F series of utility tractors for vineyards
and orchards.
AUGUST
Issue of USD 1 billion in senior notes which pay 7.75% coupon and
mature in 2013.
Addition of the new high performance 650L to the crawler dozer line, which
delivers improved performance and lower height and operating weight.