1970 Chrysler Imperial Lebaron Hardtop 4-door 7.2l Phantom Phaeton on 2040-cars
Escondido, California, United States
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Selling for my 93 year old neighbor who has loved this car for many years. She runs but needs a little TLC to be reliable. The holley 4 barrel carb needs to be rebuilt. The gas tank has already been redone and the gas lines have been flushed and cleared. The car is extremely clean considering its age. The exterior is straight and the interior is without issues too. I originally wanted to restore her and drive it but Im going through a divorce and do not have the time needed to finish this project. Great car to be restored, classic lines and she really doesnt need a lot of attention. Please ask any questions prior to bidding Marty 562-305-4299
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Marchionne completed Fiat-Chrysler deal from a Florida beach
Fri, 03 Jan 2014Sergio Marchionne is the CEO of Fiat, which as you may have heard, has finally worked up a deal to finish acquiring the Chrysler Group after months of bargaining with the United Auto Workers and its VEBA healthcare trust, which owned just over 40 percent of the American brand. Where was Marchionne when the deal was finally hammered out? Well, not tucked away in a frigid Detroit board room until the wee hours of the morning.
Nope, one of the largest deals in automotive history was reportedly hammered out on the beach - at the home of a banker, in the Florida resort town of Vero Beach. Marchionne traveled to the home of Alain Lebec, a senior managing director at Brock Capital LLC, one of the advisory companies for the VEBA fund, where both sides met to make final arrangements in the $4.35-billion exchange. The location of the final deal, though, is nearly as remarkable as the pace with which it came about.
According to anonymous sources pinned down by Automotive News Europe, before the meeting, the two sides were meeting in Detroit as recently as December 19, which is where Fiat made one of its final revised offers. Naturally, the VEBA made a counter offer, which led Marchionne to initiate the Vero Beach meeting.
Watch a roundabout foil a driver fleeing from the cops
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Fiat Chrysler pressing on with Magneti Marelli spinoff amid sale rumor
Thu, Aug 23 2018MILAN Fiat Chrysler (FCA) is pressing ahead with the spinoff of its parts maker Magneti Marelli, a spokesman confirmed in Wednesday after reports investment firm KKR was in talks to acquire the unit. "FCA is pursuing a plan to separate the Magneti Marelli business ... it will evaluate bona fide proposals for alternative transactions that may be in the best interest of the Company," the spokesman said in an emailed statement. The company would not comment on market rumors, the statement added. Earlier on Tuesday the Wall Street Journal reported that global investment house KKR was in talks to acquire the unit and that a potential sale price could exceed the 3.23 billion euros value at which some analysts valued it. In mid-July, FCA kicked off the process to register the business in the Netherlands and list it on the Milan stock exchange. Reporting by Stefano RebaudoRelated Video: Image Credit: Getty Earnings/Financials Chrysler Fiat Parts and Accessories FCA magneti marelli












