1968 Chrysler Newport Custom Convertible 2-door 6.3l on 2040-cars
Princeton, Minnesota, United States
Body Type:Convertible
Vehicle Title:Clear
Engine:6.3L 6286CC 383Cu. In. V8 GAS OHV Naturally Aspirated
Fuel Type:GAS
For Sale By:Private Seller
Make: Chrysler
Model: Newport
Warranty: Vehicle does NOT have an existing warranty
Trim: Custom Convertible 2-Door
Options: Convertible
Drive Type: U/K
Power Options: Air Conditioning, Power Windows
Exterior Color: Teal
Interior Color: Black
Number of Cylinders: 8
Mileage: 66,680
383 high-performance engine. No rust. Former Denver car. New tires. Rides and drives great. Interior needs some work. Selling this for my father-in-law. E-mail with any questions.
Chrysler Newport for Sale
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Thu, 02 Jan 2014Now that Fiat has finalized a deal to purchase the outstanding shares of Chrysler owned by the United Auto Workers' VEBA retiree heathcare fund without having to file for an IPO, you can count the Italian automaker's stockholders among the happy. The Detroit News reports that Fiat stock closed Thursday with a 12-percent gain for the day on the Borsa Italiana, having been up by as much as 15.8 percent during the day's trading, at prices not seen since mid-2011. One trader reasoned the run was because Fiat "paid less than the market had expected and there will be no capital increase to fund this."
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Italian unions are also concerned about what the deal means for the future. Fiat CEO Sergio Marchionne has had an at-times contentious relationship with both unions and the Italian government over the future of Italian manufacturing, a fact that makes headlines because Fiat is Italy's largest private employer. At least two left-leaning unions have publicly called on Fiat to give guarantees and to explain what the deal means for its Italian operations, while a centrist union argues this is "good news for Fiat workers, for the auto industry and for our country."
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In terms of unit sales, Chrysler sold 2.4 million cars worldwide in 2013, up 9 percent. According to Automotive News, 1.8 million of those vehicles were sold in the US, a 14-percent increase. The sales growth boosted Chrysler's US market share to 11.4 percent, up 0.2 percent.
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