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Fiat Jolly Beach Car Full Restored No Reserve! on 2040-cars

Year:1969 Mileage:10
Location:

The Fiat Jolly offered here is a rust free european example (Jollys were made into the early 1970s for European delivery) that was purchased following a comprehensive restoration by its original builder, Ghia, in Turin, Italy. A complete list of the work undertaken included is a full mechanical restoration, updated to top specifications by Ghia. The engine is a correctly numbered 499,5 cc unit, producing about 20 bhp. Other N.O.S. or rebuilt components included the generator, fuel pump, exhaust, shock absorbers, and fuel tank. Cosmetic work included new chrome and brightwork, wiring, instruments, paint, upholstery, wheels and tires. The car was painted using the color light blue, which is correct for the 1968 Jollys. Upon completion, this Jolly was reviewed by the Registro Storico Fiat, and it was recognized as an original restoration by them as well as by the Carrozzeria Ghia Club Italia. From years of exposure to the salty ocean breeze, most of these steel-bodied cars were plagued by corrosion, and as a result, the survivor rate of Jollys is very low..That fact alone makes this rust free example all the more desirable authentic examples, correctly restored both mechanically and cosmetically, are very difficult to find, making this a very nearly unique opportunity! 
JUST THIS PAST WEEKEND IN SCOTTSDALE ARIZONA A LESSER CONDITION JOLLY WAS SOLD FOR $11O,OOO! 
Winning bidder must contact us within 24 hours of auction end, and make arrangements for payment at that time. A NON REFUNDABLE $3000 deposit is due within 24 hours of end of auction. The remainder is due within 7 days of Auction end. If no contact is made within 24 hours we reserve the right to re-list the vehicle, sell it to the next high bidder, or sell it otherwise. Buyer is responsible for pickup or shipping of this vehicle. 
I can assist for transport car in USA, price of transport 3-4000$.

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Fiat stock rockets up after word of Chrysler deal

Thu, 02 Jan 2014

Now that Fiat has finalized a deal to purchase the outstanding shares of Chrysler owned by the United Auto Workers' VEBA retiree heathcare fund without having to file for an IPO, you can count the Italian automaker's stockholders among the happy. The Detroit News reports that Fiat stock closed Thursday with a 12-percent gain for the day on the Borsa Italiana, having been up by as much as 15.8 percent during the day's trading, at prices not seen since mid-2011. One trader reasoned the run was because Fiat "paid less than the market had expected and there will be no capital increase to fund this."
But there are some who worry, including bank analysts and unions. The final price of the stake will be $4.35 billion - $1.9 billion in cash from Chrysler, $1.75 billion from Fiat and extraordinary dividends in the amount of $700 million paid over three years. Adding that sum to its ledger will raise Fiat's debt level to roughly 10 billion euros ($13.8 billion), which Citibank says will make it the most indebted OEM in Europe.
Italian unions are also concerned about what the deal means for the future. Fiat CEO Sergio Marchionne has had an at-times contentious relationship with both unions and the Italian government over the future of Italian manufacturing, a fact that makes headlines because Fiat is Italy's largest private employer. At least two left-leaning unions have publicly called on Fiat to give guarantees and to explain what the deal means for its Italian operations, while a centrist union argues this is "good news for Fiat workers, for the auto industry and for our country."

Ram confirms Fiat Ducato vans to form new Promaster series for US

Wed, 28 Nov 2012

Chrysler has officially confirmed that Ram will develop an all-new large van for the US market based on the Fiat Ducato. The commercial rig will go on sale in the third quarter of next year, joining the Ram C/V on the company's professional van line. Expect to see the Promaster face off against the Ford Transit and revised Chevrolet Express.
Chrysler is pretty skimpy on details when it comes to the Promaster, but it has said the vehicle will make use of "familiar Ram Truck styling cues." The van will reportedly also bow with powertrains targeted specifically at the North American market.
Chrysler and Ram made the announcement ahead of the LA Auto Show alongside news that the company will launch a new Ram commercial truck division.

FCA: PSA deal terms still intact despite dividend cut report

Fri, Jul 3 2020

MILAN - Fiat Chrysler (FCA) said the terms of its merger with France's PSA had not changed after an Italian newspaper report that it was looking to spin off assets to reduce a planned 5.5 billion euro ($6.2 billion) cash pay-out to its shareholders. FCA said on Friday that it was sticking to the deal agreed with PSA in December before the coronavirus crisis hit demand for cars. "The structure and terms of the merger are agreed and remain unchanged," a spokesman for the Italian-American automaker said. FCA and PSA plan to finalise their merger by the first quarter of next year. PSA declined to comment. Italian business newspaper Il Sole 24 Ore said that FCA could conserve cash by reducing the special dividend, possibly by handing shareholders assets as compensation. Il Sole reported that talks were at a very early stage and no decision had been taken, adding the that aim was to keep the 5.5 billion euro value of the special dividend but to turn its "nature" from cash to assets. FCA, has just agreed a 6.3 billion euro state-backed loan to help its Italian unit and the whole country's automotive industry to weather the crisis. Although this does not bar FCA from paying the dividend, as it is not due until 2021 and would be paid by Dutch parent company Fiat Chrysler Automobiles NV, Italian politicians have called into question such a large cash pay-out. Options being considered include spinning off the Sevel van business, a 50-50 joint venture between the two groups, or FCA's Alfa Romeo and Maserati brands, Il Sole said. Sevel, which produces vans in Atessa's plant in central Italy, Europe's largest van assembly facility, could be valued between 2.5 and 3 billion euro, Il Sole said. Its spin-off to FCA shareholders could also help address European Union concerns about the merger's consequences on competition in the van segment. This option looks however complicated, Il Sole said, as it would require PSA transferring its 50% stake in Sevel to FCA. Another option is scrapping a planned spin-off of PSA's controlling stake in parts maker Faurecia, Il Sole said. A source close to the matter said that PSA could instead sell its Faurecia stake before the merger and keep the cash proceeds of the sale within the new merged company. ($1 = 0.8899 euros; additional reporting by Sarah White in Paris; editing by Alexander Smith)