1951 Chrysler New Yorker Base 5.4l on 2040-cars
Clovis, California, United States
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Restored to show quality. Runs and Drives excellent, including the original Hemi-head engine fully rebuilt. I performed or personally supervised all aspects of this 2 year long, ground up restoration of this incredible car. Hundreds of hours were spent on the restoration. The rebuilt engine was finished in immaculate detail, included the amazing lettering on the hemi valve covers. Nearly all chrome is new and all engine accessory parts are powder coated, professionally refinished steering wheel. Innumerable mechanical parts and components were repaired or replaced including carburator, engine, transmission, radiator, gas tank and float, power brake booster, generator and voltage regulator, water and fuel pumps, all six wheel cylinders etc. All of the interior is 100 percent new, with era correct fabric design, headliner to carpet, and sun visors to the package shelf. I have been contacted to just sell the rebuilt original engine but I've been determined to keep the car intact.
This rust free New Yorker had been stored in a California garage for 25 years. The original 6V system starts on a dime and the car drives like a dream. I restored it to this high level because I had planned on keeping the car and passing it on to my kids. But unfortunately my circumstances have changed and I need to let it go. |
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Auto blog
Fiat ups Chrysler stake by 3.3%, inches closer to full control
Mon, 08 Jul 2013Fiat is one step closer to completing a merger with Chrysler after exercising an option to acquire an additional 3.3 percent of the Auburn Hills-based automaker today. Automotive News reports that Fiat now controls 68.49-percent of Chrysler, which is up almost 10 percent since we last heard news of this deal back in February when Fiat talking to various banks to raise more capital in order to complete the acquisition.
The article says that Fiat is still able to increase its stake in Chrysler up to 75 percent over the next 12 months, but it sounds like CEO Sergio Marchinonne would rather purchase the remaining shares from VEBA - the retiree benefits trust - sooner rather than later. Unfortunately, the two sides still seem far from an agreement on a fair price for the rest of Chrysler, as Fiat has them valued at $4.2 billion compared to the $10.3 billion estimate from the unions that currently own the remaining stake in Chrysler.
Chrysler names six new board directors
Mon, 16 Jun 2014Executives may call the shots day-to-day at the world's leading automakers - much as they do at any other corporation - but the ultimate decision-making body remains the board of directors. And Chrysler has just named six new members to its board.
The appointments include Hermann Waldemer, the former CFO of Philip Morris International - the tobacco giant whose Marlboro brand has funneled untold billions into Ferrari as the Scuderia's title sponsor for decades, and on whose board Fiat-Chrysler CEO Sergio Marchionne sits. Waldemer replaces Doug Steenland, who came to the Chrysler board after Northwest Airlines (at which he served as CEO) merged with Delta, and whose term on the board expired just days ago.
In addition to the Waldemer appointment, Chrysler has expanded its board with five more seats, all filled by existing group executives. Among them are Reid Bigland (head of US and Canadian sales and of the Ram truck brand), Fiat general counsel Giorgio Fossati, human resources director Michael J. Keegan, Jeep CEO Michael Manley, and group CFO Richard Palmer.
Marchionne to take his sweater and go home after 2018
Wed, 08 Oct 2014The end is in sight for Fiat Chrysler boss Sergio Marchionne, who confirmed in an interview with Bloomberg that once FCA's sweeping five-year plan is completed, he'd be stepping down from his post to "undoubtedly" do something else that didn't involve turning around global corporations. That would mean he should finish up after 2018 if all goes according to plan.
"It's as important to walk away from the table as it is to sit down," Marchionne told Bloomberg.
Marchionne has been at Fiat since June of 2004 and is one of the chief architects behind the Italian company's acquisition of Chrysler. Despite his successes, he does sound quite ready to move beyond the auto industry, rhetorically asking his Bloomberg interviewers if there "are other things I like to do apart from this?"