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Introduction

The Chrysler Corporation was first founded on June 6, 1925, by Walter Percy Chrysler with the residual assets of Maxwell Motor Company. Laying the groundwork for an empire that would rival General Motors and Ford, Chrysler started by taking over Dodge and adding two new makes that incorporated Plymouth and DeSoto. In 1998 Chrysler was purchased by Daimler-Benz, and still stays one of the leading American automotive producers, best known for their many manufacturing features and leading presentation edge.

Intangible resources

Around the world, Chrysler more than 75,000 employees are working together That heritage provides a firm foundation upon which to build our future success. Were excited about the evolution of our strong brands and the new products were developing.

The requirements for the candidates are:

GPA of 3.5 based on a 4.0 scale
Automotive internship or work experience or applied research position
Proven strengths in analysis, creative problem solving, communication, interpersonal relationships, self-motivation, and leadership
Have applicable work experience or internship
Demonstrated written/oral communication skills
Ability to interact with others in a team atmosphere
Automotive or supplier quality interest
Active in extracurricular activities such as student organizations, business or social organizations, or athletics

Borrowing capacity

Chrysler Corporation announced today that it has exercised its option to increase its borrowing capacity. The Revolving Credit Facility, which is scheduled to mature in February 2011, bears interest based on either a base rate plus a margin ranging from 0 to 50 basis points or at the London Interbank Offered Rate (LIBOR) plus a margin ranging from 75 to 150 basis points. The applicable margin rates are subject to adjustment based on the Companys leverage ratio. Any amounts that were drawn under the Revolving Credit Facility, including the $100.0 million expansion, currently, bear interest at a base rate or a LIBOR plus 75 basis points. The Company currently has no amounts drawn against the Revolving Credit Facility, but has $35.6 million of letters of credit outstanding under a sub-facility, reducing the borrowing capacity under the Revolving Credit Facility to $214.4 million. All other terms of the Revolving Credit Facility remain the same.

Structure

Communities are an integral part of the Daimler-Chrysler business model. They are apparent in the strategy of the organization and its structure and are a part of employees daily work. Direct benefits include A more agile product development process.

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