Chrysler 300 Sport on 2040-cars
Land O' Lakes, Florida, United States
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This is a beautiful Chrysler 300 Sport, a true luxury sports coupe. The car runs strong with a 300 horse power 383, 727 Torqueflite transmission, 323 Surge Grip differential. The car is somewhere between a survivor and previously restored evidenced by the nearly perfect trunk floor, solid floor boards, electronic ignition system, and excellent leather interior. The motor and drivetrain appear to be all original and numbers matching based on VIN# and Fender Tag. All other components appear to be original. The car was last owned by Leroys Motor Sports and has only added about 1,000 miles in about a decade. This car is deserving of a serious restoration or modified brakes and suspension to make it a daily driver or high performance street car. The car is a real Detroit muscle car, built at the Jefferson Ave plant in Detroit Michigan. The body is solid with only minor dings and rust spots, bumpers are straight with a couple of small dings, floor boards and trunk are in excellent condition. The interior has all the buttons and trim, beautiful leather seats and door panels, headliner and dash in great shape, the dash pad has a crack. Almost new or new alternator, belts, battery, power brake booster, radiator cap, and master cylinder. A 1962 Chilton Manual, new parking brake cable, and PST front end rebuild kit are included in the sale. We hope this awesome car finds the right buyer.
We have a reasonably high level of integrity and expect the same in return. The car is for sale locally and we reserve the right to end the auction. A $500.00 deposit is required within 48 hours of the auction ending. The balance must be paid within 7 banking days. Shipping is the responsibility of the buyer, I will assist with loading if the carrier requires it. |
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Auto blog
Chrysler 100, midsize CUV and plug-in hybrid minivan launch bid to go mainstream
Tue, 06 May 2014The news just keeps on rolling from Auburn Hills today, as Fiat Chrysler continues to detail its five-year growth plan. This time round, we're talking about Chrysler. The troubled American brand has been limited in the past few years to the lamentable Sebring/200, the Town & Country and the 300, although that's likely to change in the coming years.
"The Chrysler brand is not luxury - it's not premium. Chrysler is the mainstream American brand," brand CEO Al Gardner said during today's presentation.
Gardner set a sales target of 800,000 units by 2018, which marks an increase of 350,000 units compared to its 2013 sales results. That's a pretty big ask for a brand that's struggled to define itself over the past decade.
Chrysler files for IPO
Tue, 24 Sep 2013Chrysler has had a lot of owners over the past few years alone, from Daimler to Cerberus to Fiat and the federal government. But it could be poised to gain some more before long. Like, a lot more.
The automaker has just announced that it has filed with the US Securities and Exchange Commission to issue an Initial Public Offering of common stocks. Chrysler hasn't revealed how many shares will be offered and at what price, however the shares in question will not come out of Fiat's approximate 60% majority shareholding but instead out of the 40% minority stock held by the UAW's VEBA retiree healthcare trust. Reports suggest that the IPO, which is being handled by JP Morgan, could encompass approximately 16% of Chrysler stock, initially valued at approximately $100 million.
Lest you think this is all part of Sergio Marchionne's grand plan to consolidate Chrysler and Fiat, the two auto groups over which he presides, think again. The filing, which still needs to be approved by the SEC, comes at the insistence of the UAW. Negotiations between Marchionne's management team and the union over Fiat's acquisition of the VEBA shares have stalled. If they manage to come to an agreement, however, the IPO would likely be taken off the table. So don't go calling your broker just yet, but you can analyze the official announcement below.
Chrysler purchases remaining shares from VEBA Trust, announces funding plan
Thu, 23 Jan 2014It's official: The Detroit Three is now The Detroit Two and The Fiat Subsidiary, Chrysler. Both the Italian carmaker and The Pentastar announced the completion of cash payments and a Memorandum of Understanding (MOU) on future payments necessary to make the Chrysler Group a wholly-owned subsidiary of Fiat. As previously detailed, Chrysler made a cash payment of $1.9 billion and Fiat North America made a cash payment of $1.75 billion to the Voluntary Employment Benefit Association (VEBA) run by the United Auto Workers union.
On top of that, Chrysler Group signed an MOU that agrees to payments of $700 million to the VEBA in four installments, the first of which was made concurrently with the other cash payments. And for you trivia mavens, the full name of the UAW is the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America. So go impress your loved ones with that nugget after you check out the press release below.