From Chrysler Group press releases...

The New Chrysler today issued the following statement from Tom LaSorda, President and CEO, regarding the closing of a transaction for the company: "With the transaction complete, we can now focus all of our efforts on our day-to-day business by moving faster, quickly reacting to customer needs and bringing out industry- leading products," said LaSorda. "We have support from two solid partners - Cerberus and Daimler - which will give us the strong financial backing and the resources we need to fuel the long-term success of this great company."

The New Chrysler will celebrate its "First Day" on Monday, August 6, at its Auburn Hills, Michigan world headquarters building and its facilities around the world. The company will continue to roll out the launch of The New Chrysler throughout the year. The Pentastar logo will also return as the company's corporate mark in an updated form, and will be unveiled Monday.