1936 Ford Pick Up on 2040-cars
Closter, New Jersey, United States
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1936 Ford West Coast pick up truck. Older Restoration. Mustang ll Front end. All metal except rear fenders and tailgate. Runs strong. Dual Exhaust. Kenwood AM/FM cassette radio. VDO gauges. Needs some TLC. Hood tops are a little warped and will need to be straightened or replace. Electric fan was removed by mechanic and will need a replacement. to keep temperature at 180-190 degrees. High beam indicator in dash is not working( i think it's just a bulb). There are two horns, an old style and new style and they are not working(I think it's just a fuse or broken wire). There is a hole drilled in the dash that is currently empty. There are paint clips and paint fading on both the exterior and interior of the truck. Chrome parts have small pitting to them. Glove box door is in primer. Inside of Bed is original and not restored. Tires are in good shape and old. The "V8" emblem in the front of the truck is missing the top of the "V". Truck will come with a bill of sale, no title. Truck is for sale locally and I reserve the right to sell it that way and pull this ad. |
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FCA close to paying off debt, outperforming Ford in earnings
Fri, Jan 26 2018FCA boosting output of SUVs, trucks in U.S. Marchionne says the company no longer needs a merger partner FCA expects to pay off all debt this year "There's a very strong likelihood that we will outperform Ford" MILAN/DETROIT — Fiat Chrysler's shift to sell more trucks and SUVs boosted margins yet again in its North American profit center, making Chief Executive Sergio Marchionne confident he can hit most of the final targets of his five-year turnaround plan. FCA has been retooling some U.S. factories to boost output of lucrative sport-utility vehicles and trucks while ending production of some unprofitable sedans. This put the world's seventh-largest carmaker on track to become debt-free by the end of the year, and allowed Marchionne to make good on his promise to close the gap on larger U.S. rivals General Motors (GM) and Ford. "There's a very strong likelihood that we will outperform Ford in terms of operating earnings in 2018," Marchionne told analysts on an earnings call Thursday. "That's something that if I told any of us in the room here that would've been doable five years ago, nobody would have believed it." As the 65-year-old executive prepares to hand over the reins to an internal successor next year, he said the improvements mean the company no longer needed a partner to survive. The carmaker has often been the subject of merger speculation, especially after its unsuccessful 2015 attempt to tie up with GM. "The necessity to find a partner, to try and guarantee our survival, going forward, is put to bed. I mean we're done," Marchionne told analysts on a post-results conference call. North America accounted for 71 percent of earnings last quarter, and profit margins in the region rose to 8 percent from 7.1 percent a year earlier, even as shipments fell 3 percent. Meanwhile Ford's automotive margin for North America slipped to 6.8 percent, down from 8.5 percent a year earlier.FCA trimmed its expectations for 2018 revenues and forecast adjusted operating profit of at least 8.7 billion euros, at the lower end of a previously given range. Analysts said FCA's margin improvement was impressive, and it could be on the cusp of a big boost from its new Jeep Wrangler and Jeep Cherokee models and its Ram 1500 truck. FCA ready to pay off its debt But the Italian-American carmaker expects to cancel all debt during 2018 — possibly by the end of June — and generate around 4 billion euros in net cash by the end of the year.
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