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2021 Chrysler Pacifica Review | What's new, hybrid fuel economy, pictures
Wed, Nov 18 2020The 2021 Chrysler Pacifica offers something no other minivan can match: a plug-in hybrid model that can go 32 miles on electricity alone and therefore slash your annual fuel bill. It also costs less than the regular V6 version (and Toyota's traditional, non-plugged-in hybrid Sienna) when you factor in federal and state tax credits, and we even like driving it more. In other words, the Pacifica Hybrid is the one to get. But is that novel powertrain enough to make the Pacifica a better choice than the scarce number of other vans for your? Well, considering that the V6-powered version can hold its own against the Honda Odyssey, Toyota Sienna and Kia Sedona/Carnival (literally the only other options), it's a distinct possibility. The Pacifica Hybrid is basically tied with the Sienna has our top choice in the segment in our comparison test, but with so few other rivals, we still recommend checking out the full field. It's also worth noting that Honda, Toyota and Kia have stronger reliability ratings than Chrysler, while the Hybrid's higher monthly payments may not fit your budget despite the hefty one-time tax refund. In any event, no minivan search is complete without at least considering the Pacifica. Â Â Â What's new for 2021? The Pacifica gets its first comprehensive set of upgrades since being relaunched as a minivan back in '17. The front end has been restyled and LED lighting applied as standard front and rear (the budget-oriented Chrysler Voyager maintains the Pacifica's old look). The Pacifica also now matches its rivals by including a full suite of driver assistance and safety technologies as standard equipment. Infotainment technologies have also been upgraded: Chrysler's latest UConnect interface is paired with a standard 10.1-inch touchscreen; standard Apple CarPlay and Android Auto have been upgraded to wireless connectivity, and Amazon Alexa has been added. New available equipment includes USB-C ports, wireless smartphone charging, the FamCAM rear interior camera, and new games for the rear seat entertainment system. Also new for 2021 is the option of all-wheel drive and the range-topping Pinnacle trim level. The Pacifica Hybrid has also been changed to a powertrain option for the Touring, Touring L, Limited and Pinnacle trim levels – it was technically a separate model before. This is simpler. What are the Pacifica interior and in-car technology like? The Pacifica interior is a lovely place to spend time.
Italy reportedly guarantees $7.1 billion loan to Fiat Chrysler
Wed, Jun 24 2020ROME — Italy has approved a decree offering state guarantees for a 6.3-billion euro ($7.1 billion) loan to Fiat Chrysler's (FCA)Â Italian unit, a source said, paving the way for the largest crisis loan to a European carmaker. The source said Italy's audit court had signed off on the decree, in a final step of what had been a lengthy and contested process to get the loan approved. The court's approval follows an earlier endorsement by the economy ministry. "The audit court authorized the decree," said a source close to the matter, asking not to be named because of its sensitivity. FCA's Italian division has tapped Rome's COVID-19 emergency financing schemes to secure a state-backed, three-year facility to help the group's operations in the country, as well as Italy's car sector in which about 10,000 businesses operate, weather the crisis triggered by the coronavirus emergency. The loan will be disbursed by Italy's biggest retail bank Intesa Sanpaolo, which has already authorized it pending the approval of guarantees the government will provide on 80% of the sum through export credit agency SACE. The request for state support has sparked controversy because FCA is working to merge with French rival PSA and the holding for the Italian-American carmaker is registered in the Netherlands. FCA's global brands include Fiat, Jeep, Dodge and Maserati. It was not immediately clear what conditions, if any, Italy has set as part of the guarantees and whether they would affect FCA's planned 5.5 billion euro ($6.2 billion) extraordinary dividend, which is a key element in the merger with PSA. FCA, whose shares were down 0.5% by 0908 GMT, had no immediate comment. Â Earnings/Financials Chrysler Fiat Peugeot Italy
Why the Detroit Three should merge their engine operations
Tue, Dec 22 2015GM and FCA should consider a smaller merger that could still save them billions of dollars, and maybe lure Ford into the deal. Fiat-Chrysler CEO Sergio Marchionne would love to see his company merge with General Motors. But GM's board of directors essentially told him to go pound sand. So now what? The boardroom battle started when Mr. Marchionne published a study called Confessions of a Capital Junkie. In it, Sergio detailed the amount of capital the auto industry wastes every year with duplicate investments. And he documented how other industries provide superior returns. He's right, of course. Other industries earn much better returns on their invested capital. And there's a danger that one day the investors will turn their backs on the auto industry and look to other business sectors where they can make more money. But even with powerful arguments Marchionne couldn't convince GM to take over FCA. And while that fight may now be over, GM and FCA should consider a smaller merger that could still save them billions of dollars, and maybe lure Ford into the deal. No doubt this suggestion will send purists into convulsions, but so be it. The Detroit Three should seriously consider merging their powertrain operations, even though that's a sacrilege in an industry that still considers the engine the "heart" of the car. These automakers have built up considerable brand equity in some of their engines. But the vast majority of American car buyers could not tell you what kind of engine they have under the hood. More importantly, most car buyers really don't care what kind of engine or transmission they have as long as it's reliable, durable, and efficient. Combining that production would give the Detroit Three the kind of scale that no one else could match. There are exceptions, of course. Hardcore enthusiasts care deeply about the powertrains in their cars. So do most diesel, plug-in, and hybrid owners. But all of them account for maybe 15 percent of the car-buying public. So that means about 85 percent of car buyers don't care where their engine and transmission came from, just as they don't know or care who supplied the steel, who made the headlamps, or who delivered the seats on a just-in-time basis. It's immaterial to them. And that presents the automakers with an opportunity to achieve a staggering level of manufacturing scale. In the NAFTA market alone, GM, Ford, and FCA will build nearly nine million engines and nine million transmissions this year.
