1951 Chrysler New Yorker Base 5.4l on 2040-cars
Albuquerque, New Mexico, United States
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THIS IS A VERY NICE CAR I'M LISTING FOR MY FATHER. THE FOLLOWING STATEMENT IS FROM THE CURRENT OWNER. THERE IS A SMALL BINDER TO COME WITH THE CAR THAT HAS A LITTLE BIT OF THE HISTORY. This car is essentially all original, has only been repainted once in its lifetime. It has all original numbers matching Hemi engine. I or anyone else who has worked on it has never found any filler, bondo or pieced in sheet metal. There are some chips in the paint. At some point there was a sun visor on the top of the windshield and someone removed it leaving some minor marks, only on the driver's side. To the best of my knowledge all the body panels are original. I do not believe the chrome has been replaced or rechromed.There is some minor pitting and one spot on top of the bumper is starting to show. The interior seat covers, hogs hair carpet, dash and steering wheel are all original. The car was built in Detroit on August 17th, 1951. It was shipped to a dealer on August 23rd in San Diego. I have registration receipts from a man who owned the car from 1969 until 1972., who lived in Vista Ca. I bought the car at the Chrysler Nationals in July 2004 from an Ohio dealer called MotorCar Portfolio. Owned by the famous author and car historian, Bob Litchy. Who was selling it for a man who had a career as a car researcher who resided in WI. It is essentially a no-rust, all original car. 90,000 actual miles. All work done in the last 3000 miles Complete engine rebuild to factory specs. Bored .030 over and hardened valve seats used to run unleaded fuel safely. Complete transmission rebuild complete new dual exhaust rebuild of rear springs, new front coil springs and shocks New rebuilt fuel pump New starter, solenoid, starter coil and 6 volt Complete radiator rebuild with newly rebuilt water pump Complete brake system rebuild, drums, wheel cylinders and power assist booster. New radial white walls Original electric fuel door opener All weather comfort heating system 8-tube AM radio and clock with in dash speaker (not working) Optional power steering All copies of receipts for all the work done during my ownership will be included. IF YOU HAVE ANY QUESTIONS YOU CAN CALL SMOKEY AT 505-269-6594 IN ALBUQUERQUE I am relisting due to reserve not being met. Owner lowered a little to sell. Good Luck and Thank you for looking! |
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Fiat Chrysler profit up as it closes in on retiring its debt
Thu, Apr 26 2018MILAN — Fiat Chrysler Automobiles reduced its debt by more than expected in the first quarter, putting the carmaker well on course to become cash positive later this year. Chief Executive Sergio Marchionne expects to cancel all debt during 2018 — possibly by the end of June — and generate around 4 billion euros ($5 billion) in net cash by the end of the year. Marchionne has said that forecast does not include any one-off measures, nor the impact of the planned spinoff of parts maker Magneti Marelli, which he hopes to execute by early 2019. The world's seventh-largest carmaker said on Thursday net debt had fallen to 1.3 billion euros ($1.6 billion) by the end of March, well below a consensus forecast of 2.6 billion euros in a Thomson Reuters poll of analysts. FCA said capital spending fell 900 million euros in the quarter due to "program timing," which analysts said implied higher investments for the rest of the year. The Italian-American group said first-quarter operating profit rose 5 percent to 1.61 billion euros, below a consensus forecast of 1.74 billion, as a weaker performance from its North American profit center weighed. Shipments there were higher due to the new Jeep Wrangler and Compass models. But currency moves hit revenues and earnings, and costs related to new product launches added to the pressure. FCA's shift to sell more trucks and SUVs boosted margins yet again in North America to 7.4 percent from 7.3 percent in the same quarter a year ago, although they were down from the 8 percent recorded in the preceding three months. Marchionne, preparing to hand over to an internal successor next year, is close to his goal of ending a margin gap with larger U.S. rivals General Motors and Ford. The 65-year-old has said becoming debt free and being able to compete on a par with U.S. peers would mean FCA no longer needed a partner to survive and could well succeed on its own. The CEO has previously said tying up with another carmaker would help to meet the huge costs in an industry investing in electric vehicles and automated driving. FCA shares fell immediately after the results, but recovered to trade up 3 percent at 19.71 euros by 1150 GMT, outperforming a 0.4 percent rise in Europe's blue-chip stock index. ($1 = 0.8214 euros) Reporting by Agnieszka FlakRelated Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.
Fiat board makes Chrysler merger official, approves $5.4B bond sale
Mon, 16 Jun 2014Fiat's board of directors has officially approved the merger plan that will see the conglomerate's automotive operations merged with Chrysler into the new Fiat Chrysler Automobiles.
The plan essentially provides a road map for the structure of the new company. It includes provisions for Fiat shareholders - one Fiat share will translate to one share of FCA common stock. The new company will also include a loyalty voting structure, which will provide for shareholders of Fiat stock or those that have held FCA stock for at least three years. According to the plan, these shareholders would see their voting power double, with two votes for every share of FCA's common stock. The overall merger plan still needs to be approved by the company's shareholders.
In other Fiat-related news, the company's board has announced a bond issuance of four billion euro ($5.4 billion). The new bonds should provide the company with a degree of flexibility in refinancing debts associated with the merger plan.
I sold my Viper, but the memories I'll keep
Thu, 30 May 2013The following is written by auto industry veteran Tow Kowaleski. The words are his own, but the memories now belong to everyone thanks to his willingness to share. If you're an industry veteran with a story to share, contact us at tipsATautoblogDOTcom.
It became the flame that started the fire of belief in the next life of Chrysler.
I just sold a car. Nothing new. Millions do it every day. But my car was a 1995 Dodge Viper, so maybe it was a bit more unique since just 12,000 were built. And like others selling a car that's been a part of the family for close to 20 years, this was a confluence of emotions for me. I was sad to see it go, but happy to have the cash and one less big, shiny, under-utilized object in my life.























