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1962 Chrysler Newport Convertible, Rare, Runs And Drives Great ! on 2040-cars

Year:1962 Mileage:90833
Location:

Carroll, Iowa, United States

Carroll, Iowa, United States

For sale here is a great running and driving, and rare 1962 Chrysler Newport convertible.  There were only 2051 Chrysler Newport convertibles produced in 1962.  The styling of these cars is very unique and desireable. 

This '62 Newport has 90,883 miles on the odometer and runs and stops great.  It starts right up and has plenty of power from the 361 V-8.  The push-button transmission works well.  Its really a joy to drive this one around town with the top down. 

The body is pretty nice.  There is a repairable seem on the very bottom edge of the passenger's side rocker.  The bottom front fender tip behind the passenger's side front wheel is a little off-looking also, but each of these blemishes is hardly noticeable while using the car.  The paint shows well and the chrome is good.  The stainless is also good.  The glass is in nice shape as well.  The top does need a new rear plastic window due to UV discoloration.  A previous owner removed the old window for visibility.  Its the zip-in type.  The top must currently be operated manually.  This top does go up and down very easily and quickly manually.  It seals out the wind pretty well too.  The top vinly is im good condition.  Decent riding radials and nice hubcaps.  The door jambs will have to be painted the correct hue of blue.  A previous owner repainted the car and the door jambs and trunk seal channel are a different shade.

The underside is in good shape with some usual and expected surface rust present.  The car does ride smoothly.  The trunk floor appears to have had some repair in the past. 

The interior is in great shape.  The seats are nice and very comfortable.  The dash is nice and the guages are clear.  Nice door panels.  Seat belts in the car operate.  The doors open and shut OK as does the hood and trunk.

The following items are working: headlights, taillights, brake lights, rear turn signals, front left turn signal, passenger wiper, all windows, amp meter, temp ga, heater and blower, radio.  The following are not currently working: right front blinker, driver's wiper, horn, fuel ga, speedo and oil ga.

This RARE and very classy 1962 Newport Convertible can be enjoyed right away!!  Cruise thorugh town in your Newport Convertible and get those looks and thumbs-up I have been getting this summer. 

Please feel free to ask questions.  Sold in as-is condition.  Inspection available.

 

 

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Auto blog

Merged PSA and Fiat would retain all brands, Tavares says

Sat, Nov 9 2019

By Elisa Anzolin and Gilles Guillaume PARIS/TURIN, Italy (Reuters) - Peugeot maker PSA Group and Fiat Chrysler would retain all of their car brands if their planned $50 billion merger goes ahead, the would-be chief executive of the combined group said on Friday. PSA CEO Carlos Tavares, seen as the architect of PSA's turnaround and in line to take the operational helm in the Fiat tie-up, said in a TV interview that the companies complemented each other well geographically and in terms of technology and brands. FCA derives 66% of its revenue from North America compared with only 5.7% for PSA, Refinitiv Eikon data shows. Europe remains the main revenue driver for PSA. "There's no doubt it's a very good deal for both parties. It's a win-win," Tavares told France's BFM Business, in his first interview since the French and Italian companies announced plans to create the world's fourth-largest auto maker last week. Fiat Chrysler (FCA) Chairman John Elkann, who would chair the combined group, said on Friday at an event in Turin that the 50-50 share merger would help the Italian carmaker "seize great opportunities." The deal, which would help the firms pool resources to meet tough new emissions rules and investments in electric and self-driving vehicles, as well as counter a broader downturn in car markers, is still at an early stage. PSA and Fiat have said they aim to reach a binding outline in the coming weeks, but still face questions over potential job losses, as well as scrutiny over whether the transaction favors one party more than the other. Tavares said the brands that would come under the combined group's umbrella — PSA's five passenger car nameplates include Citroen, Vauxhall and Opel, while FCA has nine, including Fiat, Alfa Romeo, Maserati, Chrysler, Dodge and Jeep — were all likely to survive. "As of today, I don't see any need to scrap any of the brands if the deal came to pass. They all have their history and their strengths," Tavares said. Few carmakers have as large a portfolio, with German rival Volkswagen Group counting 10 passenger brands, if newer Chinese ones such as electric vehicle label Sihao are included. The merger will also require approval from anti-trust authorities. Tavares said he did not expect the companies to have to make major concessions to meet competition rules, but added they were ready to do so, without giving details.

FCA may sell off Magneti Marelli

Mon, Jul 20 2015

FCA is reportedly just days away from filing the official prospectus for the Ferrari initial public offering, and it could put the Italian sportscar maker's value at $11 billion. Although, Sergio Marchionne always seems to have another iron in the fire, and his next big deal could shed the automotive giant's Magneti Marelli parts business to the tune of $3.3 billion. According to Reuters citing anonymous insider sources, at least two private equity firms are considering joint submitting bids with firms already in the industry. This deal has reportedly been in the works for at least the last few weeks. According to Reuters, FCA already rejected a roughly $2.7-billion offer in June. Marchionne apparently wants at least the equivalent of $3.3 billion for the company. Publicly, FCA isn't talking, though. Company spokesperson Gualberto Ranieri told Reuters and reiterated to Autoblog simply that Magneti Marelli wasn't for sale. However, a move to get rid of the parts company has been discussed in the past. In 2013, the business was rumored to be part of a purported arrangement to sell Alfa Romeo to Audi. While there's no final decision yet, according to Reuters, if the Magneti Marelli sale does move forward the decision would likely come sometime after the Ferrari IPO. The company would likely be split up among the various divisions. "Everyone will take a fair share of it," one of the anonymous sources to Reuters. News Source: ReutersImage Credit: Jeff Kowalsky / Bloomberg via Getty Images Earnings/Financials Chrysler Fiat Sergio Marchionne FCA fca us magneti marelli

Fiat To Pay $3.65 Billion For Remaining Chrysler Shares

Thu, Jan 2 2014

Italian automaker Fiat SpA announced Wednesday that it reached an agreement to acquire the remaining shares of Chrysler for $3.65 billion in payments to a union-controlled trust fund. Fiat already owns 58.5 percent of Chrysler's shares, with the remaining 41.5 percent held by a United Auto Workers union trust fund that pays health care bills for retirees. Under the deal, Fiat will make an initial payment of $1.9 billion to the fund, plus an additional $1.75 billion upon closing the deal. Chrysler will also make additional payments totaling $700 million to the fund as part of an agreement with the UAW. The deal is expected to close on or before Jan. 20, according to a statement from Chrysler. Sergio Marchionne, CEO of both Fiat and Chrysler, has long sought to acquire the union's shares in order to combine the two companies. "The unified ownership structure will now allow us to fully execute our vision of creating a global automaker that is truly unique in terms of mix of experience, perspective and know-how, a solid and open organization," Marchionne said in a statement issued by Turin, Italy-based Fiat. The deal eliminates the need for an initial public offering of the union fund's stake, which analysts had previously valued at $5.6 billion. Fiat went to court last year seeking a judgment on the price, but the trial date was set for next September. Marchionne can't spend Chrysler's cash on Fiat's operations unless the companies merge. In recent months he made it clear that he preferred to settle the dispute without an IPO, but filed the paperwork for the offering in September at the trust's request. Chrysler's profits have helped prop up Fiat on the balance sheet as the Italian automaker struggles in a down European market. The Auburn Hills, Mich., automaker earned $464 million in the third quarter on U.S. sales of the Ram pickup and Jeep Grand Cherokee, its ninth-straight profitable quarter. The results boosted Fiat, which earned $260 million in the quarter. Without Chrysler's contribution, Fiat would have lost $340 million. UAW/Unions Chrysler Fiat