June 7, 2006

Chrysler Group and Magna International announce collaboration on 2007 Jeep Wrangler

Aurora, Ontario – The Chrysler Group and Canadian-based Magna International have announced that they will collaborate in a unique Supplier Park project in Toledo, Ohio. Magna, through its Magna Steyr operations, will manage and operate the paint shop facility at Chrysler Group’s new Toledo South Assembly Plant. The plant will start production of the 2007 Jeep Wrangler in the third quarter of 2006.

Three supplier partners will manage and operate major parts of the vehicle production process from facilities within the Toledo South plant; Magna Steyr will run the paint shop, the Kuka Group will build bodies, and the Hyundai Mobis-owned Ohio Module Manufacturing Company will assemble the chassis. The Chrysler Group has responsibility for the final trim and assembly operations of the plant. All four facilities were completed earlier this year and have been producing pilot parts since April.

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