Chrysler appoints Phil F. Murtaugh CEO - Asia operations

"I can't think of anyone more qualified to lead our business activities in this critical growth region," said Manley. "Phil has a proven track record and we are excited he has joined our team."

"Growth in international markets and leveraging partnerships are cornerstones of the Chrysler Recovery and Transformation Plan," said Thomas W. LaSorda, Vice-Chairman and President.

Murtaugh was executive vice president of Chinese automaker Shanghai Automotive Industry Corp (SAIC). SAIC is China's largest automotive company with sales of 1.3 million vehicles per year. SAIC has over 70 subsidiary companies in the automotive business, including well-known joint ventures with General Motors (GM) and Volkswagen.

Before joining SAIC, Murtaugh served as Chairman and Chief Executive Officer of the General Motors China Group from June 2000 until April 2005. Based in Shanghai, he was responsible for the overall coordination of GM's extensive operations in mainland China and Taiwan. He also was a member of GM's Asia Pacific Strategy Board.