In response to various media reports, Fiat S.p.A./Chrysler Group strongly denies that Mr. Sergio Marchionne, Fiat CEO and Chrysler Group Chairman and CEO made comments regarding Chrysler Group that were attributed to him in a Sanford C. Bernstein report issued earlier this week.
The report mischaracterizes Mr. Marchionne’s presentation which was made at a Fiat investor meeting and does not accurately record his comments. In light of Chrysler Group’s pending registration statement filed with the US Securities and Exchange Commission, no further comments will be made.
A registration statement relating to Chrysler Group securities has been filed with the SEC but has not yet become effective. None of Chrysler, Fiat or any of their officers have authorized any articles or recommendations with respect to any investment in Chrysler.
