Chrysler 2011 Annual Report Download - page 37

36 Report on
Operations
Key Events
in 2011
April
Chrysler Group presents 2012 Jeep Grand
Cherokee SRT8® and Chrysler 300 SRT8® at
the New York Auto Show.
April
On April 1st, €1 billion bond (6.375%, due 2016) is issued by Fiat
Finance and Trade Ltd. S.A. (a wholly-owned subsidiary of Fiat
S.p.A.) under the Global Medium Term Note program guaranteed
by Fiat S.p.A.
On April 12th, Fiat announces achievement of 2nd Performance
Event by Chrysler ($1.5 billion in cumulative revenues from sales
outside NAFTA and formalization of certain cooperation agreements).
As a result, Fiat’s ownership interest in Chrysler increases from 25%
to 30%.
The restyled Delta with new trim and engine options goes on sale
in Italy.
Alfa Romeo recognized at NC AWARDS (Italy) for best advertising
campaign of the year for the Giulietta.
In Germany, Fiat 500 ranks top in customer satisfaction in the J. D.
Power and Associates “Vehicle Owner Satisfaction Study”.
May
Fiat Group Automobiles and PSA Peugeot Citroën announce plans
to extend JV in Italy for production of LCVs (SevelSud) to 2019. Due
to changes in future product strategies, the partners agree not to
renew SevelNord JV in France beyond 2017.
April
At the Shanghai Motor Show, Maserati gives
Asian premiere of the GranTurismo MC
Stradale, the new coupé based on the MC
Trofeo racing model.