Chrysler Group Named "Corporation of the Year" by the Michigan Hispanic
Chamber of Commerce
AUBURN HILLS, Mich., Dec. 17, 2012
AUBURN HILLS, Mich., Dec. 17, 2012 /PRNewswire/ --
oAward recognizes Company's outstanding commitment to supplier diversity
and the inclusion of Hispanic-owned businesses in the Company's supply
oSince 1983, the Chrysler Group has purchased more than $47 billion from
The Michigan Hispanic Chamber of Commerce (MHCC) has named Chrysler Group LLC
"Corporation of the Year" for 2012, citing the Company's outstanding
commitment to supplier diversity and, particularly, the inclusion of
Hispanic-owned businesses in its supply base.
The award was announced at the MHCC's 23rd Annual Fiesta Hispana Gala held the
evening of December 7 in Dearborn, Mich.
Chrysler Group's supplier diversity goals require that 10 percent of a Tier 1
supplier's procurement buy is sourced to certified minority suppliers.
Chrysler Group announced early this year that it spent $2.1 billion with
approximately 200 minority suppliers in 2011, representing 8.5 percent of its
total annual purchasing. Women-owned businesses, which are tracked separately,
accounted for $301 million of the Company's spending. Overall, the Company
purchased $31 billion in direct and indirect parts, materials and services in
2011. Since 1983, the Company has purchased more than $47 billion from
"Chrysler Group remains as committed as ever to creating a diverse and
sustainable supply base that directly reflects our customer base," said Kevin
L. Bell, Senior Manager, Diversity Supplier Development, Chrysler Group LLC,
who accepted the award on behalf of the Company. "Chrysler Group will continue
to create opportunities for minority-owned, women-owned and veteran-owned
businesses because diversity is in the DNA of our Company. Our goal is a
well-developed, diverse supply chain that is inclusive to all."
In October, Bell received the Minority Supplier Development Leader of the Year
Award from the National Minority Supplier Development Council (NMSDC) "in
recognition of his exceptional leadership in improving the overall
participation of Asian, African American, Hispanic and Native American
suppliers in the Company's global corporate supply chain." In the same month,
Bell also was named the 2012 "National Advocate of the Year" by the Michigan
Minority Supplier Development Council for his leadership in promoting the
growth of minority supplier spending and business development at Chrysler
Chrysler Group supports several organizations that assist Tier 1 suppliers
with achieving their minority-owned and women-owned sourcing goals. These
organizations also include the Canadian Aboriginal and Minority Supplier
Council and the Women's Business Enterprise National Council. In addition,
Chrysler Group supports veteran-business ownership through membership with the
National Veteran-Owned Business Association.
"Chrysler Group's commitment to supplier diversity and inclusion is a source
of meaningful, sustainable value for the Hispanic community," said Armando
Ojeda, Executive Director, Michigan Hispanic Chamber of Commerce. "Receiving
the MHCC's 'Corporation of the Year' award was a well-deserved recognition of
Chrysler Group's commitment to all the communities it serves."
During his keynote address at the 2011 MHCC Fiesta Hispana, Fred Diaz,
President and Chief Executive Officer, Ram Truck Brand and President and Chief
Executive Officer, Chrysler de Mexico, Chrysler Group LLC, announced a $50,000
grant from The Chrysler Foundation to the Hispanic Scholarship Fund (HSF), the
nation's largest provider of college financial aid for Latino students. Diaz
announced a second $50,000 grant to the HSF, from the Ram Truck brand and The
Chrysler Foundation, later in the year during the International Hispanic
Network's gala and awards ceremony in San Antonio, TX.
About Chrysler Group's Leadership Commitment to Diversity and Inclusion
Chrysler Group has been named one of the "100 Best Companies for Working
Mothers" by Working Mother magazine 13 times, and has been recognized six
times by the Human Rights Campaign Foundation as one of the country's leading
corporations supporting diversity and inclusion. Chrysler Group also has been
named to HispanicBusiness magazine's annual Diversity Elite 60 list for
implementing strategies to reach more Hispanic customers and to pursue more
business with minority- and Hispanic-owned suppliers.
In 2012, the editors of LatinaStyle magazine selected Chrysler Group for
inclusion on magazine's 2012 list of the 50 best companies for Hispanic women
to work in the U.S., which is considered the most important recognition of
efforts by corporate America to promote diversity and provide career
advancement opportunities for Hispanic women.
In 2011 and 2012, the editors of DiversityInc magazine named Chrysler Group to
the magazine's list of "Top 50 Companies for Diversity." This coveted annual
benchmark is comprised of companies the magazine's editors believe are
Over the years, a long line of Chrysler Group employees have received
important professional recognition from various diversity organizations,
including Black Engineer of the Year, Women of Color, HENAAC Great Minds in
STEM and others, reflecting the Company's strong commitment to attracting and
developinga diverse workforce.
The Michigan Hispanic Chamber of Commerce is the premier gateway to the
state's 11,000 Hispanic businesses and over 400,000 Latino consumers. MHCC
serves as an advocate for jobs and economic development by promoting
participation in supplier diversity development programs and international
trade with Mexico and other Latin American countries.
About Chrysler Group LLC
Chrysler Group LLC, formed in 2009 to establish a global strategic alliance
with Fiat S.p.A., produces Chrysler, Jeep, Dodge, Ram, Mopar, SRT and Fiat
vehicles and products. With the resources, technology and worldwide
distribution network required to compete on a global scale, the alliance
builds on Chrysler Group's culture of innovation, first established by Walter
P. Chrysler in 1925, and Fiat's complementary technology that dates back to
its founding in 1899.
Headquartered in Auburn Hills, Mich., Chrysler Group's product lineup features
some of the world's most recognizable vehicles, including the Chrysler 300 and
Town & Country, Jeep Wrangler, all-new Dodge Dart, Ram 1500, Jeep Grand
Cherokee SRT8 and Fiat 500. Fiat contributes world-class technology, platforms
and powertrains for small- and medium-size cars, allowing Chrysler Group to
offer an expanded product line including environmentally friendly vehicles.
SOURCE Chrysler Group LLC
Contact: Mike Palese, +1-248-512-2682 (office), +1-313-930-1252 (cell),
firstname.lastname@example.org, or Shawn Morgan, +1-248-512-2692 (office),
+1-248-760-2621 (cell), email@example.com
Press spacebar to pause and continue. Press esc to stop.