Sizable market shares in minivan and pickup truck segments and ownership of Jeep brand Aggressive cost reduction Favorable 2007 union contract Ample, yet declining, cash balances Heavy cash use from automotive operations, which will reduce liquidity Limited geographic diversity beyond North America High fixed costs and excess capacity, especially for light trucks Overdependence on pickups and SUVs for profitability Declining market shares as customer demand shifts to smaller vehicles Heavy funding needs of financial services affiliate and reliance on continued asset-backed credit availability. The ratings on Chrysler LLC reflect the multiple challenges the company faces in stemming the cash outflows from its North American automotive operations, as well as the vulnerability of its financial services affiliate, DaimlerChrysler Financial Services Americas
