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CHRYSLER REALIGNS REPORTING RELATIONSHIPS AT RENTAL CAR UNIT

 HIGHLAND PARK, Mich., Feb. 25 /PRNewswire/ -- Chrysler Corporation (NYSE: C) today announced an organizational realignment at its rental car subsidiary, Pentastar Transportation Group, Inc., due to the departure of its president, William E. Lobeck Jr.
 Effective immediately, the presidents of the three operating companies in the wholly owned subsidiary, Dollar Rent A Car Systems, Inc., Snappy Car Rental, Inc. and Thrifty Rent-A-Car Systems, Inc. will report directly to Mr. J.B. York, executive vice president and chief financial officer of Chrysler Corporation.
 Lobeck, a veteran of 22 years in the car rental industry, joined Chrysler in 1989 when Thrifty Rent-A-Car was purchased by Chrysler and he was chairman, president and CEO of Thrifty. Prior to that he served as president of American International Rent A Car.
 -0- 2/25/93
 /CONTACT: Lee Sechler of Chrysler Corporation, 313-252-8802/
 (C)


CO: Chrysler Corporation; Pentastar Transportation Group, Inc. ST: Michigan IN: AUT SU: RCN

SM -- DE023 -- 0484 02/25/93 15:06 EST
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Publication:PR Newswire
Date:Feb 25, 1993
Words:160
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