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2013 Fiat 500 Pop Automatic Alloy Wheels Only 6k Miles Texas Direct Auto on 2040-cars

US $14,480.00
Year:2013 Mileage:6421 Color: Mirrors
Location:

Stafford, Texas, United States

Stafford, Texas, United States
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Auto Services in Texas

Yescas Brothers Auto Sales ★★★★★

New Car Dealers, Used Car Dealers
Address: 11510 US Highway 183 S, Buda
Phone: (512) 243-1717

Whitney Motor Cars ★★★★★

New Car Dealers, Used Car Dealers, Wholesale Used Car Dealers
Address: 5303 Burnet Rd, Round-Rock
Phone: (512) 454-2515

Two-Day Auto Painting & Body Shop ★★★★★

Automobile Body Repairing & Painting, Wheel Alignment-Frame & Axle Servicing-Automotive
Address: 1143 Airport Blvd, Geneva
Phone: (512) 926-9980

Transmission Masters ★★★★★

Automobile Parts & Supplies, Auto Transmission, Auto Transmission Parts
Address: 301 Sampson St, Deer-Park
Phone: (713) 236-1307

Top Cash for Cars & Trucks : Running or Not ★★★★★

Automobile Parts & Supplies, Automobile Salvage
Address: Whitewright
Phone: (817) 966-2886

Tommy`s Auto Service ★★★★★

Auto Repair & Service, Automobile Body Repairing & Painting, Tire Dealers
Address: 219 Fort Worth Dr, Lewisville
Phone: (940) 382-0070

Auto blog

Fiat Chrysler parts firm Magneti Marelli sold for $7.1B

Mon, Oct 22 2018

TOKYO/MILAN — Japan's Calsonic Kansei, owned by U.S. private equity firm KKR, has agreed to buy Fiat Chrysler's Magneti Marelli for 6.2 billion euros ($7.1 billion) to form the seventh-largest independent car parts supplier. The first big deal by FCA's newly-appointed chief executive Mike Manley, who took over in July after the sudden death of long-time boss Sergio Marchionne, creates a company with revenue of 15.2 billion euros ($17.5 billion), the companies said. The newly formed Magneti Marelli CK Holdings is likely to cut costs through synergies and expand its customer base as components makers try to keep up with a shift by carmakers into autonomous driving, connected cars and electric vehicles. "This combination with Calsonic Kansei has emerged as an ideal opportunity to accelerate Magneti Marelli's future growth," Manley said on Monday of the FCA unit, which specializes in lighting, powertrain and high-tech electronics. FCA shares were up 5.2 percent at 0906 GMT as investors welcomed the hefty price tag, which will boost FCA's net cash position and raises expectations of a share buyback. "Getting this transaction completed at the price agreed is a significant early milestone and accomplishment," George Galliers, an analyst at Evercore ISI, said of Manley and his team's ability to match Marchionne's deal-making reputation. Marchionne had set in motion a process to spin off the unit and distribute its shares to FCA shareholders by early 2019, but said in June that FCA would still be "receptive" to an offer. Neither FCA nor its top shareholder, Fiat's founding Agnelli family, will have a stake in the combined business, but FCA said it would enter into a multi-year agreement to secure supplies to its plants and also to maintain operations and staff in Italy. Part of a global expansion KKR bought Calsonic from Nissan and other shareholders in 2016, saying it would help the parts maker, which relies on the Japanese carmaker for most of its sales, to expand globally. Calsonic has been in talks with FCA for months and made an initial 5.8 billion euro bid, sources have said. FCA does not break out earnings for Magneti Marelli, which sits within its components unit alongside robotics specialist Comau and castings firm Teksid. The unit employs around 43,000 people and operates in 19 countries. A takeover of Magneti Marelli had remained elusive as potential bidders were offering too little or were only interested in some parts of the business.

Fiat Chrysler completes sale of Magneti Marelli

Thu, May 2 2019

Fiat Chrysler Automobiles completed its sale of components maker Magneti Marelli to CK Holdings Co., Ltd., the holding company of Calsonic Kansei Corporation. The Japanese parts supplier paid $6.5 billion (5.8 billion euros), which is a bit less than the $7.1 billion deal that was initially announced in October of 2018. According to Reuters, the price was adjusted based on Magneti Marelli's estimated financial position as of the closing date. The influx of cash allowed FCA to offer a special cash distribution to its shareholders for the first time in a decade. At ˆ1.30 per share, the payout corresponds to a total distribution of approximately ˆ2 billion. The dividend will pay out on May 30. "FCA remains committed to Magneti Marelli, with the new company continuing as a key supplier," FCA CEO Mike Manley said in a statement. "This sale also recognizes the full strategic value of Magneti Marelli, improving our financial position, delivering value to our shareholders and allowing us to enhance our focus on our core product portfolio." Earnings/Financials Chrysler Fiat magneti marelli

This airship-engined 1905 Fiat has 3,000 lb-ft of torque

Fri, Jan 29 2016

Mike Vardy's 1905 Fiat may be over a hundred years old, but it can hit 127 miles per hour thanks to a massive Isotta Fraschini engine from a World War I airship. It makes just 250 horsepower, but Vardy figures it has 3,000 pound-feet of torque. With such a prodigious amount of twist, this beast can spin the skinny rear tires with absolutely no problem. Vardy claims that a set of rubber can last him just 6 minutes, although it's hard to tell if he's joking. Vardy doesn't baby this massive Fiat, though. Watch the video to see him hanging the tail out and smoking those flimsy tires.