Find or Sell Used Cars, Trucks, and SUVs in USA

02 Chrysler Sebring Lxi Convertible No Reserve on 2040-cars

Year:2002 Mileage:167035 Color: Green /
 Tan
Location:

Little River, South Carolina, United States

Little River, South Carolina, United States
Advertising:
Body Type:Convertible
Vehicle Title:Clear
Fuel Type:Gasoline
For Sale By:Private Seller
Engine:2.7l V6 DOHC 24 Valve MPI
Transmission:Automatic
VIN: 1C3EL55R12N351897 Year: 2002
Make: Chrysler
Model: Sebring
Options: Cassette Player, Leather Seats, CD Player, Convertible
Trim: LXi Convertible 2-Door
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Drive Type: FWD
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Mileage: 167,035
Exterior Color: Green
Interior Color: Tan
Warranty: Vehicle does NOT have an existing warranty
Number of Cylinders: 6
Condition: Used: A vehicle is considered used if it has been registered and issued a title. Used vehicles have had at least one previous owner. The condition of the exterior, interior and engine can vary depending on the vehicle's history. See the seller's listing for full details and description of any imperfections. ... 

Here is a 2002 Chrysler Sebring LXi Conretible. First off is that the engine will not crank , I don't no why. The last owner,in which was the only owner was driving it and every thing on the car worked fine, matter a fact he had just put new tires, new brakes all the way around and a new convertible top on. The front tires have 85% tread and the rear tires have 97% tread at this time. The last owner which was a friend of mine did not want to bother with it so I got it from him to see if i could get it fix. After I researched the web, I found out that the main bearing was probably the problem. But, i don't know if that is it, i have not had any mechanic look at it.  After finding this out i decided not to mess with it any more. If someone just wanted to part it out or fix what ever the problem is, it would make a good little car. Just to be clear, engine will not crank, also the battery has been took out, and most of all this is a as-is sell with no warranty at all. Have any questions please email me. Also , I can deliver the car up to a reasonable distance , but the winning bid will have to clear first along with a invoice that we both agree on for a  delivery charge if you need me to transport it. There will be no reserve , but I will start the auction off at $500 dollars because the tires and new top are worth that much.

Auto Services in South Carolina

Wilson Chrysler Dodge Jeep Inc ★★★★★

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Auto blog

Marchionne's FCA-GM merger might come after Ferrari spinoff

Sat, Sep 5 2015

Sergio Marchionne is continuing to rumble about working out a merger with General Motors, but don't expect anything big to happen before at least early next year. That's because Marchionne would likely wait for the Ferrari spin-off to be complete before beginning his next big deal, according to Automotive News. While the Ferrari IPO on the New York Stock Exchange is expected in the coming weeks, that only concerns 10 percent of the shares. The remaining 80 percent of stock is being distributed among shareholders in 2016. Piero Ferrari holds the final 10 percent with no intention to sell. This strategy allows FCA to claim 80 percent of the Prancing Horse's profits in the automaker's 2015 financial results. According to Automotive News, the tactic has other advantages, as well. FCA would be flush with cash by waiting for the spin-off to be complete, and it would keep Ferrari separate if a GM merger actually happens. Marchionne thinks Ferrari could be valued at over $11 billion in the IPO, and it could make FCA $3.3 billion richer when complete. Marchionne believes a combined FCA/GM could sell 17 million vehicles a year globally and rake in $30 billion in earnings. In the CEO's opinion, the two automakers are wasting money by developing components to do the same things on their vehicles. Although, so far the General's top execs are rebuffing all of his advances.

Treasury says auto bailout tally drops to $20.3 billion

Tue, 12 Feb 2013

In December, the US Treasury announced that it was going to sell all of its shares in General Motors within 12 to 15 months. The first tranche of the 500-million total shares was purchased by GM, which took 200 million of them at $27.50 per share. That price represents an eight-percent premium over the market price at the time. The remaining 300 million shares will be sold "through various means in an orderly fashion."
Of the $418 billion disbursed through the Troubled Asset Relief Program (TARP), a report in Automotive News indicates that "about 93 percent" has been paid back, and the latest figures put Treasury's loss from the program overall at $55.58 billion. That's a $4.1 billion improvement on the last figure, when the expected red ink added up to $59.68 billion. The auto industry's portion of that loss is estimated to be $20.3 billion, a 16-percent drop from the earlier estimate of $24.3 billion.
The Treasury now owns 19 percent of GM, but if all goes well, there will be no more cause for anyone to utter "Government Motors" by the end of Q1 next year. A loss of some kind is still expected, however. Although GM's stock price is close to $29 at the time of this writing, that's still $4 below its IPO price and well below the $72 share price necessary for the government to come out even on its GM investment. On second thought, maybe the ribbing will continue.

Hyundai reportedly eyeing a takeover of FCA

Fri, Jun 29 2018

The CEO of Hyundai Motor Group plans to launch a takeover bid for Fiat Chrysler ahead of the planned retirement of FCA Chief Executive Sergio Marchionne next spring, Asia Times reports, citing unnamed sources close the situation. CEO Chung Mong-koo will wait for an expected decline in the Italian-American automaker's shares to make his move. Hyundai isn't commenting on the rumors, unsurprisingly, but would presumably stand to benefit by gaining Chrysler's dealer network and the lucrative Jeep brand and probably Ram, too. An FCA spokeswoman in Auburn Hills told Autoblog the company had no comment. But like any story about a possible takeover, this one gets complicated with inside players — and President Trump's posturing on international trade issues. FCA has been the subject of takeover interest before, including by Hyundai, but Marchionne has denied a merger was likely, instead saying his company was in talks with the Korean automaker about a technical partnership. In 2015, Marchionne lobbied General Motors hard, but unsuccessfully, for a tie-up; he was also spurned by Volkswagen. Marchionne had repeatedly stressed the need for car companies to merge to decrease overcapacity and better afford the massive investments needed for things like autonomous and electric vehicles. In the case of Hyundai's reported interest, there is a cast of characters. One is Paul Singer, principal of the hedge fund Elliott Management, an activist shareholder with a $1 billion stake in Hyundai and a major owner of equities in Fiat's home turf of Italy. Then there is FCA Chairman John Elkann, who reportedly disagrees with Marchionne on a successor as CEO of Fiat Chrysler but has little interest in running the company himself and would prefer a merger. Compounding things is what the Trump administration would think of a further blending of Fiat Chrysler's international DNA, though a deal with a Korean automaker is thought to be more palatable to the president and members of Congress than by a Chinese conglomerate like Great Wall Motor, which has confirmed its interest in taking over all or parts of FCA. The full Asia Times piece is here. Related Video: News Source: Asia TimesImage Credit: REUTERS/Rebecca Cook Chrysler Fiat Hyundai Jeep RAM Sergio Marchionne FCA merger takeover