Government of Canada Congratulates Chrysler on Successful Court-Supervised Restructuring

OTTAWA, ONTARIO, Jun 10 (MARKET WIRE) --
Today, in reaction to Chrysler Group LLC's emergence from
court-supervised restructuring in the United States, the Honourable Tony
Clement, Minister of Industry, issued the following statement:

"I would like to acknowledge that Chrysler Group LLC has successfully
emerged from bankruptcy protection in a timely and efficient manner. The
Government of Canada is confident that we will see a competitive Chrysler
Canada Inc. that will produce and sell Canadian-made cars and will
continue to play an important role in the company's North American
operations.

"A restructured Chrysler is good news for the Canadian auto parts supply
chain and for Canadian consumers. The company can now focus on producing
top quality vehicles that consumers want.

"Moving forward, the Government of Canada will continue to work toward
strengthening our country's auto industry, while exercising rigorous
oversight over the use of taxpayer money."

Contacts:
Office of the Honourable Tony Clement
Minister of Industry
Pema Lhalungpa - Press Secretary
613-995-9001

Industry Canada
Media Relations
613-943-2502

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