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Chrysler group named "corporation of the year" by the asian pacificamerican chamber of commerce by he ni

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Chrysler group named "corporation of the year" by the asian pacificamerican chamber of commerce by
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Chrysler group named "corporation of the year" by the asian pacificamerican chamber of commerce

Business,Business News,Business Opportunities
AUBURN HILLS, MI -- May 21, 2012 : Award cites Company's contribution to the economic advancement ofAsian Pacific Americans The Asian Pacific American Chamber of Commerce (APACC) presentedChrysler Group LLC with its Corporation of the Year Award atAPACC's eleventh annual dinner celebration Saturday evening in Rochester, Mich. Chrysler Group received the award for its long history of work "infacilitating resourceful and financially sound businessrelationships among U.S. and Asian based companies and for theCompany's devotion to the economic advancement of Asian PacificAmericans." "Chrysler Group values diversity and inclusion throughout ourenterprise," said Sig Huber, Director of Supplier Relations,Chrysler Group LLC, who accepted the award on behalf of theCompany. "We are honored to receive this award, as it shows thatour continuous efforts in embracing diversity are leading topositive economic outcomes in the community." The APACC Corporation of the Year Award was determined by a varietyof factors.

In particular, Chrysler Group was honored for itsparticipation in community activities, minority management andminority employment. According to APACC, Chrysler Group also hasshown progress cultivating Asian Pacific American business andcommunities through purchases, meaningful referrals and mentorship. Since 1983, Chrysler has purchased more than $45 billion from certified minority-owned suppliers and its commitmentcontinues to grow. Earlier this month, the Company piloted aprogram in California that extends its best-practice Matchmaker supplier diversitypurchasing program to help improve dealer purchasing from minoritysuppliers, as well. "Chrysler Group has demonstrated extraordinary advocacy and supportto APACC's mission," said Ron Shahani , Chairman and Board Director for APACC.

"The Company continues tooffer out-of-the- box programs that help to grow and develop AsianPacific American businesses and communities." About Chrysler Group's Leadership Commitment to Diversity andInclusion In March 2011 , the editors of Diversity Inc magazine named Chrysler Group to themagazine's 2011 list of "Top 50 Companies for Diversity." Thiscoveted annual benchmark is comprised of companies the magazine'seditors believe are diversity-management leaders. This was thefifth year since the list was established in 2001 that Chrysler hasbeen included. Chrysler Group was named one of the "100 Best Companies for WorkingMothers" by Working Mother magazine 12 times, and has beenrecognized six times by the Human Rights Campaign Foundation as oneof the country's leading corporations supporting diversity andinclusion. Chrysler Group also has been named to HispanicBusinessmagazine's annual Diversity Elite 60 list for implementingstrategies to reach more Hispanic customers and to pursue morebusiness with minority- and Hispanic-owned suppliers. In December 2011 , The Chrysler Foundation provided a $50,000 grant to the Hispanic Scholarship Fund (HSF), the nation's largestprovider of college financial aid for Latino students.

The grantsupports Hispanic students who pursue a course of study thatfocuses on STEM (Science, Technology, Engineering and Mathematics)fields and continued a longstanding relationship between TheChrysler Foundation and the HSF which began in 1986. Since thattime, HSF has received 25 grants from the Foundation totaling morethan $750,000 . Over the years, a long line of Chrysler Group employees havereceived important professional recognition from various diversityorganizations, including Black Engineer of the Year, Women ofColor, HENAAC Great Minds in STEM and others, reflecting theCompany's strong commitment to developing its diverse workforce. About APACC The mission of APACC is to facilitate business relationships amongAsian and U.S.

based companies and to promote the economicadvancement of Asian Pacific Americans. The Chamber was established in the year 2000 and is headquarteredin Rochester Hills, Michigan . APACC is governed by a 21-member Board of Directors and theoperations and programs are supported by membership dues andfinancial contributions. APACC membership is comprised of Fortune 500 corporations,multi-ethnic private business enterprises, small businesses, andcorporate professionals in a broad spectrum of industries.

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