1964 Chrysler 300 Convertible Muscle Car on 2040-cars
Corpus Christi, Texas, United States
50th Anniversary Sale! Beautiful Collector's Car - '64 Chrysler 300 convertible
This is a 1964 Chrysler 300 Convertible - There were only 1007 convertibles built in '64 and approximately 20 left alive nowadays! Beautiful metal flake maroon with white interior (Aggies! Step up!!!). Original 383. 3 Speed on the floor. Dual stainless steel pipes that wake the neighbors and scare the Civics at the stop light. If you like the sound of a ferocious Harley, but would rather have 4 wheels, you won't be disappointed. This ride isn't for everyone, though. Make sure that you are the right buyer. There's no hiding in this car. You can't hide from the cops, you can't pick your nose; you have to have your hair just right. If you want something a bit more tame, I can fully respect that. Runs & looks great. Garage kept. Purchased 8/8/06, I've driven a max of 8,000 miles. I have the original "300" hub caps that are in excellent condition. Lots of new parts, including new paint, roof, leather boot and front seats. Has a new gas tank, fuel pump and other new engine parts… The engine has a lot of Go Fast parts in it, but I'm not here to give you a "How to build your own" lesson. SERIOUS BUYERS only may email me for the page-long list of goodies. This is a serious muscle car that with a little more money, could be worth mucho dinero!! Gentlemen, this dynamo convertible is sure to make skirts rise and panties drop. Asking $17,500, or best offer. Contact Jerry at 361-884-8849 in Corpus Christi to buy or discuss options. You'll be stylin' for sure!!! |
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Auto blog
Fiat Chrysler's London offices will be small, with financial focus
Tue, 20 May 2014Fiat Chrysler's decision to locate its new corporate headquarters in jolly old London won't herald a sprawling relocation effort. Instead, it's very likely that the FCA outfit will be a small one, primarily focused on finance.
The report comes from Automotive News Europe, which claims FCA's London office will employ about 50 people with backgrounds in finance. CEO Sergio Marchionne and Fiat Group Chairman John Elkann will both have offices at the corporate headquarters, as well.
ANE cites an anonymous source that claims the people employed at the London office will focus primarily on treasury operations. It's unlikely that FCA will take on any additional employees specifically for its UK offices. That said, FCA isn't likely to downsize either its Turin or Auburn Hills offices once London comes online.
Fiat stock rockets up after word of Chrysler deal
Thu, 02 Jan 2014Now 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."
Canada bailed out GM, Chrysler without really knowing what they were getting into
Tue, Dec 2 2014The Auditor General of Canada recently issued a report that makes at least one thing clear: it doesn't know how effective Canadian government loans given to General Motors and Chrysler in 2009 were in ensuring the viability of both companies. That year, the Canadian and Ontario governments dished out $10.8 billion CAD ($9.6B US) to GM and $2.9 billion CAD ($2.6B US) to Chrysler, but hadn't yet sorted out precisely how the funds were to be used before disbursing them. This happened in spite of the fact that, according to a piece in Bloomberg, the loans weren't meant to be handed out until authorities were clear on the manufacturers' plans for reorganization. In fact, federal officials hadn't finished establishing the concessions made by all the involved parties, the pension liabilities, nor the long-term soundness of the automakers' financial positions. On top of that, apparently it didn't keep close tabs on the money after loaning it: the report says that $1B CAD should have been applied to GM Canada pension plans but was instead given to GM to use. Chrysler repaid $1.7 billion, while GM handed back $3.8 billion and Bloomberg believes the feds in Ottawa still own 110 million shares of The General, which, at the stock price as of writing, would be good for another $3.9 billion. Those were mad, bad days, though, and we're not sure what point the report serves, other than to say, "Oh, by the way...." News Source: BloombergImage Credit: Bill Pugliano / Getty Images Government/Legal Chrysler GM bailout