1984 Chrysler Fifth Avenue Base Sedan 4-door 5.2l on 2040-cars
Riverton, New Jersey, United States
This is a 1984 Chrysler Fifth Avenue priced to sell. It was my parents car and I am the only other owner. I currently have HISTORIC tags on it. Now that its 30 years old, I believe it is now a classic car. It is fully loaded, newer clear coat paint but does have a few minor spots that need a touch up. I use it as a third car as it runs well and has a brand new AC compressor and Ice Cold air now. Motor is quiet and trans still good. I installed new radio CD player, but have the old one in case you want all original for a restore. Original wheels which are NOT the fake spoke covers. Alloy or steel originals that are kind of rare on these cars, but they look way better! Interior is okay except for headliner started dropping and pillars need recovering. The back seats look new (no one ever sat back there) and the front shows some fading. The dash got discolored from sitting at my parents, so I got a matching dash cover for it. Gives it that true 80's look. Lost the small back trim piece at bottom of rear quarter panel on passenger side behind the wheel. Swap meet or junk yard find would cure that. Overall, if you like these cars, it's a runner or a very good car to restore, not much to do. No dents or crashes. Thanks for looking. Pick it up only as I do not ship or deliver cars. Any questions call me, 856-296-4865 or ebay message me.
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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.
Jeep Renegade's development a template for new Fiat Chrysler Auto
Wed, 24 Sep 2014
"We figured we'd take the best of both worlds." - Ralph Gilles.
The international makeup of the 2015 Jeep Renegade will serve as a template for cooperation within the newly formed Fiat Chrysler Automobiles, Senior Vice President of Product Design Ralph Gilles said.
Fiat pondering swallowing rest of Chrysler, US IPO
Wed, 24 Apr 2013At the moment, Fiat is in court with the United Auto Workers, waiting for the justice system to provide some guidance on a fair price for 41.5-percent of Chrysler it doesn't own. Fiat owns 58.5 percent of the company and wishes to buy the remainder, which is owned by the union's VEBA retiree trust, but the Italian company and the UAW are on different sides of the galaxy when it comes to assigning a fair price to that outstanding stake.
Naturally, Fiat CEO Sergio Marchionne is considering his options. A new report in the The Wall Street Journal says one of the scenarios being considered now is - depending on the outcome of the court case - to purchase the 41.5-percent stake and then issue an IPO to recoup some of the cost. About two months ago, Marchionne put the odds of an IPO for a wholly combined Fiat/Chrysler at 50 percent. Even with the WSJ report, it's not clear if those odds have changed.
The current company structure leaves a lot of options as to how a potential IPO could be issued, but it's said that Marchionne is against it, preferring "to be one company," under Fiat, indivisible. If Fiat is finally able to purchase all of the Pentastar, it would get access to Chrysler's war chest, pegged at $11.9 billion at the end of Q3 in 2012, and that money can't come soon enough for a brand taking a beating in Europe and delaying product over cash concerns.