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2001 Prowler Mulholland Edition on 2040-cars

US $30,000.00
Year:2001 Mileage:26850
Location:

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Great for any person that wants to have a collector car down the road and get a good return in profit. This car is a pioneer for how cars use ALUMINUM CASTING FOR EVERY METAL ON THE VEHICLE(INCLUDING THE FRAME) and also the engine blocks. Also, is the first to use COMPOSITE ROTORS. This car is great for curvy roads since it has a 50/50 WEIGHT DISTRIBUTION  with the transmission sitting over the rear axle. The vehicle is a rear wheel drive, but has plenty of traction with wide rear tires. Has a great stock sound and has all original parts on it for any hardcore collector. All PROWLERS were ASSEMBLED BY HAND from Chryslers viper teams. This car will get attention; especially for the price. It does have a customized V6 that chrysler used in the later prowlers with the aluminum block, but with the LOW WEIGHT it works plenty well. With the car weighing in at a little over 2,000 pounds with all fluids and full tank of gas. Has a 4 speed transmission, and with aggressive shifting; doesn't hold any power back(also is a select shift). If someone wanted a fast drag car they could get a lot out of this car with how light it already is. A new transmission with more gears and a supercharger would make this vehicle dangerous for a amateur. The front height is adjustable, with an adjustable front suspension.The Mulholland Edition is mid-night blue with a matching rag top. Only 3,170 of these editions WERE EVER PRODUCED for the public WORLD WIDE!

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Ferrari borrows $2.6 billion to finance FCA spinoff

Tue, Dec 1 2015

Ferrari announced Monday that it is borrowing about $2.6 billion to finance its spinoff from Fiat Chrysler Automobiles. Here's how it breaks down: Ferrari NV, the automaker's parent company based in the Netherlands, is taking out loans totaling 2.5 billion euros. That's equivalent to $2.64 billion at current exchange rates, and is divided between a term loan of $2.12 billion and a revolving credit facility of $529 million. The larger term loan "will be used to refinance indebtedness owing to Fiat Chrysler Automobiles," among other purposes. That ought to constitute the lion's share of the $2.38 billion which the Prancing Horse marque was, according to reports last year, slated to pay its current parent company in order to help FCA fund its ambitious growth plans. The separate line of credit is earmarked "to be used from time to time for general corporate and working capital purposes of the Ferrari group." Though Ferrari is not expected to take any other Fiat Chrysler properties with it, the "group" in this case would include its various financial services and distribution arms around the world that may have been separately incorporated. As noted in the statement below, the financial arrangement "represents a further step towards the separation of Ferrari from the FCA Group," following the separate stock issues from both companies as independent from each other. FERRARI N.V. SIGNS ˆ2.5 BILLION SYNDICATED CREDIT FACILITY Ferrari N.V. (NYSE: RACE) ("Ferrari") announced today that it has entered into a ˆ2.5 billion syndicated loan facility with a group of ten bookrunner banks. The facility comprises a bridge loan (the "Bridge Loan") and a term loan (the "Term Loan") of ˆ2 billion in aggregate and a revolving credit facility of ˆ500 million (the "RCF"). Proceeds of the Bridge Loan and Term Loan will be used to refinance indebtedness owing to Fiat Chrysler AutomobilesN.V. (NYSE: FCAU) ("FCA") and other indebtedness and for other general corporate purposes. Proceeds of the RCF may be used from time to time for general corporate and working capital purposes of the Ferrari group. The Bridge Loan has a 12 month maturity with an option for Ferrari to extend once for a six-month period. Ferrari intends to refinance the Bridge Loan prior to its maturity with longer term debt, including through capital markets or other financing transactions. The Term Loan, which comprises a majority of the total facility, and the RCF each have a maturity of five years.

NHTSA investigating power modules on Chrysler Group SUVs and minivans

Mon, 29 Sep 2014

The Center for Auto Safety is officially petitioning the National Highway Traffic Safety Administration to begin scrutinizing alleged problems with the totally integrated power module (TIPM) on about 24 Chrysler Group SUVs and minivans. The advocacy group claims that the part's failure can cause affected vehicles to stall or not start at all. NHTSA is still looking into the accusations and deciding whether a full investigation is actually warranted.
The CAS petition claims at least 70 TIPM failures, but according to NHTSA, six of the complaints are for models that don't have the modules. In 34 of the reported cases, the vehicles refused to start, and in 17 of them the engine stalled. There were also two allegations of smoke and one of a fire. However, none of these affected airbag deployment or resulted in a crash.
This petition isn't the first TIPM-related problem for Chrysler Group. A recent report in the New York Times alleged that it found 240 complaints potentially related to the issue on NHTSA's website alone. In September, the automaker also recalled 230,760 examples worldwide (188,723 in the US) of the 2011 Jeep Grand Cherokee and Dodge Durango replace the fuel pump relay circuit inside of the TIPM-7 with one external to the unit. The original part could allegedly cause the models to stall without warning. Even earlier, the company also recalled about 80,000 examples of the Jeep Wrangler and Dodge Nitro in 2007 to have the module reprogrammed.

Jeep Renegade's development a template for new Fiat Chrysler Auto

Wed, 24 Sep 2014



"We figured we'd take the best of both worlds." - Ralph Gilles.
The international makeup of the 2015 Jeep Renegade will serve as a template for cooperation within the newly formed Fiat Chrysler Automobiles, Senior Vice President of Product Design Ralph Gilles said.