1961 Chrysler Newport Convt 8000 Origional Miles Not Restored Mint Documented on 2040-cars
Glendale, Arizona, United States
1961 Chrysler Newport,i have a matching pair of 2 owner cars,i bought them from the original owners in vancover british Colombia Canada in 2008,they purchased them brand new as a his and hers cars,they are identical except hers has power brakes,they had a mopar collection and I have a copy of a news paper story they had on the owners talking about their cars,they are the best 61s in the world and the only pair available,selling one now and the other after this one is sold or I may if some one wants the pair list the other one right away so you can purchase the other as a pair,the second one is not for sale until this one sells,so I am not marketing the second car at this point,just 13000 miles on his and 8000 miles on hers they are actual mile titles,finished in a light maroon with white interiors and white tops,the interiors are flawless and original,the trunks are flawless and original with instructions in place,fully carpeted and paneled,,the tops I believe are original and mint,equipped wire wheels with no signs of pitting or marks,all s/s is perfect as the same with all chrome with no pitting,they are both v8 motors with 3 speed push button automatic transmissions,both single exaust,all gauges and lights work perfect,all tail lights and signals work,horns work,both am radios work,all undercarriage are show quality, tires are radials here has wide whites his are narrow white walls,origional spare tires still in the trunk,both original owners manuals present,arrow straight bodys,I have found a couple of chips but unless I point them out you most likely would not see them,both cars drive perfect and shift perfect,im sure I left some thing out but ask and I will answer all questions,i have owned them in my own collection going on 6 years,the problem is I never use them,please don't waste my time by asking if I will take less,when was the last time you even saw one,thanks for looking,i have picture for up to 200 pictures,ebay will not allow me to put my webb site up so call for the link,i have owned this car for 6 years,and only put 100 miles on it,we are in phoenix az,we sell trade & buy classic and high dollar cars,in business 48 years,i own them personally,we also offer inspections by a certified appraiser,call 602-820-7395 or 800-610-7395
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Chrysler Newport for Sale
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Auto blog
Chrysler taking big risk snubbing NHTSA
Wed, 05 Jun 2013Maker Insists Feds Overstate Risk Of Fires With Grand Cherokee, Liberty Models
It's not often that recall stories make it above the fold, in that old newspaper parlance, but when one shows up as the lead story on the network evening news programs, you know it's something big.
And so it is with Chrysler snubbing its nose at a request by the National Highway Traffic Safety Administration to recall 2.7 million Jeeps the feds insist are at risk of potentially catastrophic fuel tank fires in a rear-end collision.
Auto bailout cost the US goverment $9.26B
Tue, Dec 30 2014Depending on your outlook, the US Treasury's bailout of General Motors, Chrysler (now FCA) and their financing divisions under the Troubled Asset Relief Program was either a complete boondoggle or a savvy move to secure the future of some major employers. Regardless of where you fall, the auto industry bailout has officially ended, and the numbers have been tallied. Of the $79.69 billion that the Feds invested to keep the automakers afloat, it recouped $70.43 billion – a net loss of $9.26 billion. The final nail in the coffin for the auto bailout came in December 2014 when the Feds sold its shares in Ally Financial, formerly GMAC. The deal turned out pretty good for the government too because the investment turned a 2.4 billion profit. The actual automakers have long been out of the Treasury's hands, though. The current FCA paid back its loans six years early in 2011, the Treasury sold of the last shares of GM in late 2013. According to The Detroit News, the government's books actually show an official loss on the auto bailouts of $16.56 billion. The difference is because the larger figure does not include the interest or dividends paid by the borrowers on the amount lent. While it's easy to see fault in any red ink on the Feds' massive investment, the number is less than some earlier estimates. At one time, deficits around $44 billion were thought possible, and another put things at a $20.3 billion loss. Outside of just the government losing money, the bailouts might have helped the overall economy. A study from the Center for Automotive Research last year estimated that the program saved 2.6 million jobs and about $284.4 billion in personal wealth. It also indicated that the Feds' reduction in income tax revenue alone from Chrysler and GM going under could have been around $100 billion for just 2009 and 2010, significantly more than any loss in the bailout.
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According to The Detroit Free Press, the new FCA will be the world's seventh largest company after Fiat shareholders' chance to oppose the merger expired on October 4. To prevent the merger, shareholders would have needed to exchange at least 500 million euros in shares for cash.
On Monday, current shareholders of both Fiat and Chrysler stock will see their shares converted into an equal number of FCA shares, the Freep reports.