Financials Newsroom

Sergio Marchionne Opening and Closing Remarks at 2014 Investor Day

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. 

Chrysler Group to Host First-Quarter 2014 Financial Results Analyst Call and Webcast on May 12

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.

Chrysler Group LLC Completes $5 Billion Debt Offering and Repays VEBA Trust Note in Full

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. 

Chrysler Group LLC Prices $5 Billion Debt Offering

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.

Chrysler Group LLC Announces Refinancing Transactions

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. 

Chrysler Group Reports Full-Year 2013 Net Income of $2.8 Billion, Including a $962 Million Non-Cash Tax Benefit

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.

Fiat Group Closes 2013 Posting Trading Profit of €3.4 Billion and Net Industrial Debt of €6.6 Billion With a Significant Reduction in Losses in EMEA, the Premium Strategy Yielding Promising Initial Results

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.

Fiat S.p.A. to Hold Combined Conference Call for Presentation of Fiat S.p.A. and Chrysler Group LLC 2013 Financial Results

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.

Chrysler Group Year-End and Fourth-Quarter 2013 Financial Results Analyst Webcast 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.

Chrysler Group Announces Agreement With UAW Calling for Contributions to VEBA Trust and Also Announces a Special Distribution

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. 

Chrysler Group Reduces Interest Rate on Term Loan

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.

Chrysler Group Reports Third-Quarter Net Income of $464 Million

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.

Chrysler Group LLC Files Registration Statement for Proposed Initial Public Offering

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.

Chrysler Group Reports Second-Quarter Net Income of $507 Million

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.

Chrysler Group Re-prices Loan to Improve Interest Rate

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.

Chrysler Group Reported First-Quarter 2013 Net Income of $166 Million

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.

Chrysler Group Reports Full-year 2012 Net Income of $1.7 Billion

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.

Chrysler Group Third-Quarter 2012 Net Income Increased to $381 Million; Third-Quarter Modified Operating Profit Increased 46 Percent to $706 Million

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.

Chrysler Group Second-Quarter 2012 Net Income Increased to $436 Million

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.

Chrysler Group LLC Second-Quarter Financial Results Analyst Webcast, Tuesday, July 31, 2012

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.

45 Articles  |  Page 2/3