1977 Ferrari 308 Gtb on 2040-cars
Gaylord, Michigan, United States
This a 1977 Ferrari 308gtb..selling do to illness in the family. I am posting a pic of what the car looked like when i bought it and pics of the vehicle now. This Ferrari has been in storage for apprx, 5 yrs. it ran when put away. Most everything was removed from this car and replaced.All fuel lines,water lines are new. it has a partially installed up to date 21 circuit wiring harness. I have the complete front suspension kit brand new,bushings,ball joints etc. but will need to be installed,new tie rod ends that need installed,new stainless steel brake lines that need installed. I have 95 percent of the interior for this vehicle that does have smoke damage and some very little fire damaged all interior will need replaced or recovered, i have the seats,headliner,door panels,center console, and some carpet for patterns, but all interior stuff i have listed should be recovered or replaced, i do not have any of the gauges.. The brake calipers will all need rebuilt also. The paint is in good condition few paint chips here and there frome being stored.I have the original tool kit and road hazard kit that will go with this vehicle also.I have five brand new in the boxes 7.5 x 18 chrome rims that also go with this vehicle. I have many new parts for this vehicle to many to list. This is a PROJECT CAR if you dont have the ability to do a project then please dont bid. Please ask all questions before bidding. I will not ship the vehicle it is the buyers sole responsibilty. This car is sold as/is. I do have a clear clean title in my name, i am the third owner. This is the carburated engine,does need front windshield and rear glass. The door glass and quarter glass are there and in great condition, it will also need power windows and possibly the column switches due to heat that melted the plastic handles on the steel levers for wiper and headlight controls.I do have the rear deck lid vents and they are all ready installed. I have front and rear bumpers, the front bumper does have some fire damage.I have the front grill but would need painted or rechromed. I am relisting due to non payment....NO INTERNATIONAL BIDDERS PLEASE. If you want to make a offer i will put a buy it now on the auction if we agree on a amount, AGAIN IF YOU DONT HAVE THE MONEY TO BID ON THIS THEN DONT !!! I also have two new Dayco timing belts that go with the car. The one pic of the fire/heat damage is what the vehicle looked like when i got it. It now looks like the other pics. Thank you. |
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Montezemolo steps down, Marchionne steps up as chairman of Ferrari
Wed, 10 Sep 2014If the history of an automaker is divided up by the mandate of its leadership, then this is surely the end of an era for Ferrari. After repeatedly locking horns with Fiat Chrysler CEO Sergio Marchionne over a variety of issues, longtime Ferrari chairman Luca di Montezemolo has announced his resignation.
Montezemolo has a long history with both Fiat and Ferrari. He started his career at the former before moving over to the latter in 1973 (only a few years Fiat took over half of Ferrari), starting out as Enzo Ferrari's assistant. He was appointed head of the Scuderia the following year, driving the team to success and subsequently taking over all of the Fiat group's racing activities. After the Prancing Horse marque struggled in the wake of its founder's death in 1988, Montezemolo was appointed to take it over in '91 and has been at the helm ever since.
Following Fiat chairman Gianni Agnelli's passing in 2003, both Montezemolo and Marchionne were named to the Fiat board. A year later, after the passing of Gianni's younger brother Umberto, Montezemolo was named chairman of the Fiat Group (to be succeeded six years later by Agnelli heir John Elkann) and Marchionne its chief executive.
$1.3B worth of classic cars were auctioned in 2014
Sat, Dec 27 2014The collector auto market in the US just continues to expand with the values of vehicles seemingly only growing in the past years, especially if they have a prancing horse on the hood. This year was no different. According to data compiled by classic car insurance agency Hagerty, there were about $1.3 billion worth of vintage rides auctioned in North America in 2014, up just slightly from $1.2 billion crossing the block in 2013. If you want an idea of just how big a role the Monterey Car Week plays in the North American collector hobby, Hagerty's stats illustrate it perfectly. The company recorded $430 million in auction sales during the week – about a third of the entire market for the year. The event also hosted the biggest seller of 2014 when the hammer fell on a 1962 Ferrari 250 GTO (pictured above) for $38.115 million at Bonhams. In fact, vintage Ferraris in general were among the top buys in the classic auto world in 2014. Eight of the ten most expensive vehicles sold at auction were Prancing Horses (the other two were Ford GT40s). Also, the insurance company's price index for these Italian stallions showed a 43-percent gain in value for the year. The market for another Italian supercar is exploding, as well. The Lamborghini Countach showed a staggering 175-percent growth in auction value in 2014. According to Hagerty, the average price when they crossed the block was $736,599. Judging by Hagerty's numbers, there were still some places to look for those hoping to spend a bit less money. The Aston Martin Lagonda showed a strong gain in value with a 32-percent increase in auction price, but they still averaged $47,078. In addition, the company's index for '50s American cars showed only one-percent growth for these classics. These huge leaps in collector car value might be winding down, according to Hagerty. It predicts growth in the market to slow to an estimated five percent gain in 2015. Maybe a few of these classics might actually become a bit more affordable to fans without such deep pockets sometime in the future. Featured Gallery Bonhams Maranello Rosso Collection: Monterey 2014 View 21 Photos News Source: HagertyImage Credit: Copyright 2014 Drew Phillips / AOL Aston Martin Ferrari Lamborghini Auctions Car Buying Performance Classics aston martin lagonda ferrari 250 gto Lamborghini Countach collector cars 1962 ferrari 250 gto auto auction
Stellantis will enter joint venture with Samsung SDI for EV batteries
Tue, Oct 19 2021SEOUL — South Korean battery maker Samsung SDI Co Ltd and global automaker Stellantis NV have agreed to jointly produce electric vehicle (EV) batteries for the North American market, a person familiar with the matter said on Tuesday. Samsung SDI, an affiliate of South Korean tech giant Samsung Electronics, already has EV battery plants in South Korea, China and Hungary, which supply customers such as BMW and Ford. "The two companies (Samsung SDI and Stellantis) have struck a MOU (memorandum of understanding) to produce EV batteries for North America," the person with knowledge of the matter told Reuters. The source spoke of condition of anonymity because of the sensitivity of the matter. The person said the location of the battery joint venture is under review and will be announced later. In July, Reuters reported that Samsung SDI may build a battery plant in the United States, citing a company source. South Korea's Yonhap news agency earlier reported the two companies plan to build a factory in the United States, citing industry sources. Samsung SDI and Stellantis did not have immediate comment when reached by Reuters. Stellantis on Monday struck a preliminary deal with battery maker South Korea's LG Energy Solution (LGES) to produce battery cells and modules for North America. Shares of Samsung SDI were up 2.6% as of 0300 GMT, versus a 0.6% rise in the KOSPI benchmark index. Related video: Green Alfa Romeo Chrysler Dodge Ferrari Fiat Jeep Maserati RAM Citroen Lancia Opel Peugeot Vauxhall