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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, D.C. 20549
 FORM 10-K
 (Mark One)
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    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the fiscal year ended: December 31, 2008
 OR
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    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the transition period from  to
 Commission File Number of issuing entity: 333-138140-04
Commission File Number of depositor: 333-138140
 Chrysler
Financial Auto Securitization Trust 2008-B
  Chrysler Financial Services Americas LLC
  Delaware
    
    20-7155968(State or Other Jurisdiction of Incorporation of issuing entity)
    
    (I.R.S. Employer Identification No. of issuing entity)
 c/o BNY Mellon Trust of DelawareWhite Clay Center., Route 273Newark, Delaware
    
    19711(Address of Principal Executive Offices of issuing entity)
    
    (Zip Code)
 (Telephone number, including area code, of issuing entity)
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  Large accelerated filer o
    
    Accelerated filer o
    
    Non-accelerated filer   þ
(Do not check if a smaller reporting company)
    
    Smaller reporting company o
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TABLE OF CONTENTS  PART IItem 1. BusinessItem 1A. Risk FactorsItem 2. PropertiesItem 3. Legal ProceedingsItem 4. Submission of Matters to a Vote of Security HoldersItem 1B. Unresolved Staff CommentsPART IIItem 5. Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of Equity SecuritiesItem 6. Selected Financial DataItem 7. Managements Discussion and Analysis of Financial Condition and Results of OperationsItem 7A. Quantitative and Qualitative Disclosures About Market RiskItem 8. Financial Statements and Supplementary DataItem 9. Changes in and Disagreements with Accountants on Accounting and Financial DisclosureItem 9A. Controls and ProceduresItem 9B. Other InformationPART IIIItem 10. Directors, Executive Officers and Corporate GovernanceItem 11. Executive CompensationItem 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder MattersItem 13. Certain Relationships and Related Transactions, and Director IndependenceItem 14. Principal Accountant Fees and ServicesItem 1112(b) of Regulation AB. Significant Obligors of Pool Assets  Financial InformationItem 1114(b)(2) of Regulation AB. Credit Enhancement and Other Support, except for Certain Derivatives Instruments  Financial Information Regarding Significant Enhancement ProvidersItem 1115(b) of Regulation AB. Certain Derivatives Instruments  Financial InformationItem 1117 of Regulation AB. Legal ProceedingsItem 1119 of Regulation AB. Affiliations and Certain Relationships and Related TransactionsItem 1122 of Regulation AB. Compliance with Applicable Servicing CriteriaItem 1123 of Regulation AB. Servicing Compliance StatementPART IVItem 15. Exhibits and Financial Statement SchedulesSIGNATURESEXHIBIT INDEXEX-31.1: CERTIFICATIONEX-33.1: REPORT ON ASSESSMENT OF COMPLIANCEEX-33.2: REPORT ON ASSESSMENT OF COMPLIANCEEX-34.1: ATTESTATION REPORT OF KPMG LLPEX-34.2: ATTESTATION REPORT OF KPMG LLPEX-35.1: SERVICER COMPLIANCE STATEMENT    Table of Contents  
 PART I
 The following Items have been omitted in accordance with General Instruction J(1) to Form 10-K:
 
 Item 1.
    
    Business
 
 Item 1A.
    
    Risk Factors
 
 Item 2.
    
    Properties
 
 Item 3.
    
    Legal Proceedings
 
 Item 4.
    
    Submission of Matters to a Vote of Security Holders
 
 Item 1B.
    
    Unresolved Staff Comments.
  
 PART II
 The following Items have been omitted in accordance with General Instruction J(1) to Form 10-K:
 
 Item 5.
    
    Market for Registrants Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities
 
 Item 6.
    
    Selected Financial Data
 
 Item 7.
    
    Managements Discussion and Analysis of Financial Condition and Results of Operations
 
 Item 7A.
    
    Quantitative and Qualitative Disclosures About Market Risk
 
 Item 8.
    
    Financial Statements and Supplementary Data
 
 Item 9.
    
    Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
 
 Item 9A.
    
    Controls and Procedures
 
 Item 9B.
    
    Other Information.
  
 PART III
 The following Items have been omitted in accordance with General Instruction J(1) to Form 10-K:
 
 Item 10.
    
    Directors, Executive Officers and Corporate Governance.
 
 Item 11.
    
    Executive Compensation.
 
 Item 12.
    
    Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters
 
 Item 13.
    
    Certain Relationships and Related Transactions, and Director Independence
 
 Item 14.
    
    Principal Accountant Fees and Services
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PURSUANT TO GENERAL INSTRUCTION J(2) THE FOLLOWING SUBSTITUTE INFORMATION IS BEING PROVIDED IN THIS
REPORT ON FORM 10-K:
 
 Item 1112(b) of Regulation AB. Significant Obligors of Pool Assets  Financial Information.
  
 Item 1114(b)(2) of Regulation AB. Credit Enhancement and Other Support, except for Certain
Derivatives Instruments  Financial Information Regarding Significant Enhancement Providers.
  
 Item 1115(b) of Regulation AB. Certain Derivatives Instruments  Financial Information.
  
 Item 1117 of Regulation AB. Legal Proceedings.
  
 Item 1119 of Regulation AB. Affiliations and Certain Relationships and Related Transactions.
  
 Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria.
   
    
    With respect to servicing criterion 1122(d)(2)(i), certain payments on pool assets
were not deposited into the appropriate custodial bank accounts and related bank
clearing accounts within two business days of receipt.
    
    With respect to servicing criterion 1122(d)(2)(vii)(B), certain reconciliations were
not prepared within 30 calendar days of the bank statement cut-off date.
    
    With respect to servicing criterion 1122(d)(3)(i)(A), in certain instances investor
reports were not delivered to other transaction parties in accordance with the
timeframes set forth in the transaction agreements.
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Item 1123 of Regulation AB. Servicing Compliance Statement.
  
 PART IV
 
 Item 15. Exhibits and Financial Statement Schedules.
 (a)
    
    The following documents are filed as part of this report
 (1)
    
    Not applicable.(2)
    
    Not applicable.(3)
    
    See Item 15(b) below.
 (b)
    
    Exhibits Required by Item 601 of Regulation S-K
 ExhibitNumber
    
    Description3.1
    
    Articles of Organization of Chrysler Financial Services Americas LLC (Chrysler
Financial) (included in Exhibit 3.1 to the Registration Statement on Form S-3,
No. 333-138140, as filed with the Securities and Exchange Commission (the
Commission) on October 23, 2006, which is incorporated herein by reference).3.1.1
    
    Certificate of Amendment to Articles of Organization of Chrysler Financial
(included in Exhibit 3.1 to Chrysler Financials Form 8-K, as filed with the
Commission on October 15, 2008, which is incorporated herein by reference).3.2
    
    Fourth Amended and Restated Limited Liability Company Operating Agreement of
Chrysler Financial and Amendment Number One thereto (included in Exhibit 3.2 to
Chrysler Financials Form 8-K, as filed with the Commission on January 21, 2009,
which is incorporated herein by reference).4.1
    
    Indenture, dated as of May 1, 2008, between Chrysler Financial Auto
Securitization Trust 2008-B (the Trust) and Citibank, N.A., as indenture
trustee (the Indenture Trustee) (included in Exhibit 4.1 to the Trusts Form
8-K, as filed with the Commission on May 21, 2008, which is incorporated herein
by reference).4.2
    
    Second Amended and Restated Trust Agreement, dated as of May 1, 2008, among
Chrysler Financial, DaimlerChrysler Retail Receivables LLC and BNY Mellon Trust
of Delaware (formerly BNYM (Delaware)), as owner trustee (the Owner Trustee)
(included in Exhibit 4.2 to the Trusts Form 8-K, as filed with the Commission on
May 21, 2008, which is incorporated herein by reference).4.2.1
    
    Amendment No. 1 to the Second Amended and Restated Trust Agreement, dated as of
December 19, 2008, between Chrysler Financial and the Owner Trustee (included in
Exhibit 4.1 to the Trusts Form 8-K, as filed with the Commission on December 23,
2008, which is incorporated herein by reference).10.1
    
    Sale and Servicing Agreement, dated as of May 1, 2008, between Chrysler
Financial, as servicer, and the Trust (included in Exhibit 10.1 to the Trusts
Form 8-K, as filed with the Commission on May 21, 2008, which is incorporated
herein by reference).10.2
    
    ISDA Master Agreement, dated as of May 19, 2008, between the Trust and Goldman
Sachs Mitsui Marine Derivative Products, L.P. (GSMMDP) (included in Exhibit
10.2 to the
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ExhibitNumber
    
    DescriptionTrusts Form 8-K, as filed with the Commission on May 21, 2008, which
is incorporated herein by reference).10.3
    
    ISDA Schedule, dated as of May 19, 2008, between the Trust and GSMMDP (included
in Exhibit 10.3 to the Trusts Form 8-K, as filed with the Commission on May 21,
2008, which is incorporated herein by reference).10.4
    
    ISDA Credit Support Annex, dated as of May 19, 2008, between the Trust and GSMMDP
(included in Exhibit 10.4 to the Trusts Form 8-K, as filed with the Commission
on May 21, 2008, which is incorporated herein by reference).10.5
    
    ISDA Confirm, dated as of May 19, 2008, between the Trust and GSMMDP, with
respect to the Class A-2b Notes (included in Exhibit 10.5 to the Trusts Form
8-K, as filed with the Commission on May 21, 2008, which is incorporated herein
by reference).10.6
    
    ISDA Confirm, dated as of May 19, 2008, between the Trust and GSMMDP, with
respect to the Class A-3b Notes (included in Exhibit 10.6 to the Trusts Form
8-K, as filed with the Commission on May 21, 2008, which is incorporated herein
by reference).10.7
    
    ISDA Confirm, dated as of May 19, 2008, between the Trust and GSMMDP, with
respect to the Class A-4b Notes (included in Exhibit 10.7 to the Trusts Form
8-K, as filed with the Commission on May 21, 2008, which is incorporated herein
by reference).31.1
    
    Certification of Chrysler Financial pursuant to Section 302 of the Sarbanes-Oxley
Act of 2002.33.1
    
    Report on Assessment of Compliance with Servicing Criteria for Chrysler Financial.33.2
    
    Report on Assessment of Compliance with Servicing Criteria for Citibank, N.A.34.1
    
    Attestation Report of KPMG LLP on Assessment of Compliance with Servicing
Criteria relating to Chrysler Financial.34.2
    
    Attestation Report of KPMG LLP on Assessment of Compliance with Servicing
Criteria relating to Citibank, N.A.35.1
    
    Servicer Compliance Statement of Chrysler Financial.99.1
    
    Administration Agreement, dated as of May 1, 2008, among Chrysler Financial, the
Indenture Trustee and the Trust (included in Exhibit 99.1 to the Trusts Form
8-K, as filed with the Commission on May 21, 2008, which is incorporated herein
by reference).99.2
    
    Purchase Agreement, dated as of May 1, 2008, between Chrysler Financial and
Chrysler Residual Holdco LLC (included in Exhibit 99.2 to the Trusts Form 8-K,
as filed with the Commission on May 21, 2008, which is incorporated herein by
reference).
 (c)
    
    Not applicable.
 SUPPLEMENTAL INFORMATION TO BE FURNISHED
WITH REPORTS FILED PURSUANT TO SECTION 15(d) OF
THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED
SECURITIES PURSUANT TO SECTION 12 OF THE ACT.
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SIGNATURES
  Chrysler Financial Auto Securitization Trust 2008-B
(Issuing entity)By:
    
    Chrysler Financial Services Americas LLC(Servicer)By:
    
    /s/ Eugene G. NelsonEugene G. NelsonVice President, Corporate Finance(senior officer of Servicer in charge 
of servicing function)
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EXHIBIT INDEX
 ExhibitNumber
    
    Description3.1
    
    Articles of Organization of Chrysler Financial Services Americas LLC (Chrysler
Financial) (included in Exhibit 3.1 to the Registration Statement on Form S-3,
No. 333-138140, as filed with the Securities and Exchange Commission (the
Commission) on October 23, 2006, which is incorporated herein by reference).3.1.1
    
    Certificate of Amendment to Articles of Organization of Chrysler Financial
(included in Exhibit 3.1 to Chrysler Financials Form 8-K, as filed with the
Commission on October 15, 2008, which is incorporated herein by reference).3.2
    
    Fourth Amended and Restated Limited Liability Company Operating Agreement of
Chrysler Financial and Amendment Number One thereto (included in Exhibit 3.2 to
Chrysler Financials Form 8-K, as filed with the Commission on January 21, 2009,
which is incorporated herein by reference).4.1
    
    Indenture, dated as of May 1, 2008, between Chrysler Financial Auto
Securitization Trust 2008-B (the Trust) and Citibank, N.A., as indenture
trustee (the Indenture Trustee) (included in Exhibit 4.1 to the Trusts Form
8-K, as filed with the Commission on May 21, 2008, which is incorporated herein
by reference).4.2
    
    Second Amended and Restated Trust Agreement, dated as of May 1, 2008, among
Chrysler Financial, DaimlerChrysler Retail Receivables LLC and BNY Mellon Trust
of Delaware (formerly BNYM (Delaware)), as owner trustee (the Owner Trustee)
(included in Exhibit 4.2 to the Trusts Form 8-K, as filed with the Commission on
May 21, 2008, which is incorporated herein by reference).4.2.1
    
    Amendment No. 1 to the Second Amended and Restated Trust Agreement, dated as of
December 19, 2008, between Chrysler Financial and the Owner Trustee (included in
Exhibit 4.1 to the Trusts Form 8-K, as filed with the Commission on December 23,
2008, which is incorporated herein by reference).10.1
    
    Sale and Servicing Agreement, dated as of May 1, 2008, between Chrysler
Financial, as servicer, and the Trust (included in Exhibit 10.1 to the Trusts
Form 8-K, as filed with the Commission on May 21, 2008, which is incorporated
herein by reference).10.2
    
    ISDA Master Agreement, dated as of May 19, 2008, between the Trust and Goldman
Sachs Mitsui Marine Derivative Products, L.P. (GSMMDP) (included in Exhibit
10.2 to the Trusts Form 8-K, as filed with the Commission on May 21, 2008, which
is incorporated herein by reference).10.3
    
    ISDA Schedule, dated as of May 19, 2008, between the Trust and GSMMDP (included
in Exhibit 10.3 to the Trusts Form 8-K, as filed with the Commission on May 21,
2008, which is incorporated herein by reference).10.4
    
    ISDA Credit Support Annex, dated as of May 19, 2008, between the Trust and GSMMDP
(included in Exhibit 10.4 to the Trusts Form 8-K, as filed with the Commission
on May 21, 2008, which is incorporated herein by reference).10.5
    
    ISDA Confirm, dated as of May 19, 2008, between the Trust and GSMMDP, with
respect to the Class A-2b Notes (included in Exhibit 10.5 to the Trusts Form
8-K, as filed with the Commission on May 21, 2008, which is incorporated herein
by reference).10.6
    
    ISDA Confirm, dated as of May 19, 2008, between the Trust and GSMMDP, with
respect to the Class A-3b Notes (included in Exhibit 10.6 to the Trusts Form
8-K, as filed with the Commission on May 21, 2008, which is incorporated herein
by reference).10.7
    
    ISDA Confirm, dated as of May 19, 2008, between the Trust and GSMMDP, with
respect to the Class A-4b Notes (included in Exhibit 10.7 to the Trusts Form
8-K, as filed with the Commission on May 21, 2008, which is incorporated herein
by reference).31.1
    
    Certification of Chrysler Financial pursuant to Section 302 of the Sarbanes-Oxley
Act of 2002.33.1
    
    Report on Assessment of Compliance with Servicing Criteria for Chrysler Financial.
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ExhibitNumber
    
    Description33.2
    
    Report on Assessment of Compliance with Servicing Criteria for Citibank, N.A.34.1
    
    Attestation Report of KPMG LLP on Assessment of Compliance with Servicing
Criteria relating to Chrysler Financial.34.2
    
    Attestation Report of KPMG LLP on Assessment of Compliance with Servicing
Criteria relating to Citibank, N.A.35.1
    
    Servicer Compliance Statement of Chrysler Financial.99.1
    
    Administration Agreement, dated as of May 1, 2008, among Chrysler Financial, the
Indenture Trustee and the Trust (included in Exhibit 99.1 to the Trusts Form
8-K, as filed with the Commission on May 21, 2008, which is incorporated herein
by reference).99.2
    
    Purchase Agreement, dated as of May 1, 2008, between Chrysler Financial and
Chrysler Residual Holdco LLC (included in Exhibit 99.2 to the Trusts Form 8-K,
as filed with the Commission on May 21, 2008, which is incorporated herein by
reference).
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