Chrysler Group LLC announced its preliminary financial results for the second quarter (Q2) 2011, demonstrating continued improvement in its operating and financial performance.  Below are some highlights of interest:

· Chrysler Group LLC Achieved Modified Operating Profit of 7 Million in Second Quarter 2011, up 177 percent from Q2 2010; Fully Repaid Government Loans Six Years Ahead of Schedule 
· Net Revenues in Q2 2011 were .7 billion, up 30 percent from .5 billion in Q2 2010 
· Net Loss reported for Q2 2011 totaled 0 million compared to a Net Loss of 2 million in Q2 2010; excluding a non-recurring 1 million charge on the extinguishment of debt, Adjusted    Net Income(a) in Q2 2011 totaled 1 million 
· Modified Operating Profit(b) increased to 7 million in Q2 2011 (3.7 percent of Net Revenues), from 3 million in Q2 2010
· Modified EBITDA(c) totaled .3 billion in Q2 2011 (9.5 percent of Net Revenues), a 51 percent improvement compared to 5 million in Q2 2010 
· Cash(d) at June 30, 2011, was .2 billion, up

.3 billion from March 31, 2011 
· Free Cash Flow(e) for Q2 2011 was 4 million (Q2 2010 was 1 million)
· Worldwide vehicle sales in Q2 2011 increased 19 percent to 486,000
· On May 24, 2011, completed successful refinancing and full repayment of the U.S. Treasury and Canadian government loans
· On July 21, 2011, Fiat acquired beneficial ownership of the remaining membership interests in Chrysler Group held by the U.S. Treasury and Canadian government