NEW YORK (Standard&Poor's) July 2, 2007--Standard&Poor's Ratings Services today said it has assigned its 'B' corporate credit rating on Chrysler LLC. At the same time, Standard&Poor's assigned its 'B' long-term counterparty credit rating to Chrysler affiliate DaimlerChrysler Financial Services Americas LLC (DCFS). The outlooks on both companies are negative. The linkage of the ratings on the two companies reflects our consideration of DCFS as a captive finance company and is driven primarily by the strong business ties between the two entities. Standard&Poor's also assigned the following bank loan and recovery ratings: -- A 'B+' issue rating, one notch higher than the Chrysler corporate credit rating, and a '2' recovery rating to Chrysler's
