Chrysler 2011 Annual Report Download - page 38

37
Report on Operations
Fiat launches new 500 TwinAir (standard and cabriolet versions)
in Europe. The “TwinAir” badge now designates entire range of
products with innovative two-cylinder turbo engine, combined with
unique styling and content.
Concurrent with Chrysler’s debt refinancing and repayment in full
of all loans from the U.S. and Canadian governments, Fiat pays
$1,268 million to Chrysler for exercise of Incremental Equity Call
Option, increasing its interest in Chrysler from 30% to 46% (fully
diluted).
Alfa Romeo 4C Concept car voted “Most Attractive Concept Car of
the Year” by readers of Auto Bild.
Chrysler brand nominated “Top Popular Brand” at 15th edition
of the AutoPacific “Vehicle Satisfaction Awards”, based on an
annual survey of 68,000 new vehicle owners. In addition, the 2011
Chrysler Town & Country (minivan) and 2011 Jeep Grand Cherokee
(premium mid-size SUV) take first in their categories.
June
Agreement signed between Fiat Powertrain and Suzuki Motor
Corporation for supply of 120 hp 1.6 MultiJet II diesel for the new
Suzuki SX4, replacing the 135 hp 2.0 Fiat Powertrain engine used
on the current SX4 platform.
Following presentation in Geneva, the Lancia Ypsilon is launched
across Europe.
May
Launch of the new Fiat Ducato, the 5th
generation of the best-selling van that has
won numerous international awards and sold
more than 2.2 million units since 1981. More
than 2,000 combinations of chassis, engine
and mechanics are offered, together with an
expanded range of Euro 5 diesel and CNG
engines.
May
Two-cylinder TwinAir named “International
Engine of the Year” for 2011 by international
panel of journalists. It is also judged best in
the under 1 liter category and named “Green
Engine of the Year” and “Best New Engine of
the Year”.