Chrysler: Town & Country Seats Recovered W/bed on 2040-cars
Allendale, Illinois, United States
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1948 Chrysler Town and Country 4 door sedan.
HISTORY OF THE CAR OWNERS This 1948 Chrysler Town and Country sedan was purchased new on June 15, 1948 by Henry W. Breyer, Jr. who was the grandson of William A. Breyer, the man who founded the Breyer Ice Cream Company. Henry was then living on an 80 acre estate on Old York Road in Elkins Park, Pennsylvania (Cheltenham Township). His mansion, which was built by his father, Henry W. Breyer, Sr., in 1915, is now on the National Register of Historic Places. Breyer Jr. used the woodie sedan to transport his family, guests and company’s executives as well as serving to commute him to his office and factory in Philadelphia. Judging by the condition of the original carpets, the rear floor and the driver’s side front were quite worn but the passenger side front was still in good condition. That would indicate that Breyer had a chauffeur to do the driving and that he and his guests would ride in the back seat
Chrysler Town & Country for Sale
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Marchionne's pay as Fiat CEO falls to $5M
Wed, 12 Mar 2014Sergio Marchionne will be buying fewer of his iconic sweaters, as his 2013 pay from Fiat took a dip from $6.24 million to an even $5 million. Marchionne, who was also CEO of Chrysler, made $307,989 thanks to some stocks and benefits from the American company, although he didn't take a salary. Of that $5 million paid by Fiat, $3.19 million came from Marchionne's fixed salary while the remaining $1.8 million was paid for hitting unspecified performance targets.
The news comes from Fiat's compensation reports, which also showed that the 61-year-old, who already owned three million shares in Fiat at the end of 2013, was able to receive an additional 2.3 million shares through a stock incentive program. According to Automotive News Europe, the additional shares would be worth about $25 million at today's prices, although so far, Marchionne has declined to claim the extra shares.
According to ANE, Fiat reported a 2013 trading profit of $4.7 billion.
Chrysler stays IPO until 2014
Mon, 25 Nov 2013There will not be a Chrysler IPO in 2013. Fiat, according to a report from Forbes, has announced that it will not be able to make the American brand's initial public offering before the end of the year, saying that the short, five-week window that makes up the rest of 2013 is "not practicable."
Not surprisingly, the issue with the Chrysler IPO is the same as it's always been - a disagreement between parent company Fiat, which owns 58.5 percent of the Chrysler Group and a UAW healthcare trust, which owns 41.5 percent. Fiat wants to buy out the UAW VEBA healthcare trust, which is responsible for shouldering retiree healthcare costs, but the two sides are hung up on an actual price tag for the remaining two-fifths of the company.
The original idea saw an IPO as a way of setting a fair market price for the remaining shares, although it's not entirely clear what broke down and led to a delay of the IPO plan. As Forbes points out, by waiting until 2014, Chrysler could be risking a cool-off in the IPO market, which could mean less money in its pocket when the automaker finally goes public.
Chrysler releases Born Maker ad campaign for 2015 200 [w/video]
Fri, 06 Jun 2014
"The 200 sets the benchmark, for us, on how we plan to develop cars going forward." - Marissa Hunter
Is the 2015 Chrysler 200 the most important new product for Fiat Chrysler Automobiles? While it is certainly debatable, we'd be strongly inclined to say "yes." As the first competent midsize sedan that Chrysler has released in the better part of two decades, the new 200 is absolutely crucial to achieving the brand's goal of becoming FCA's "mainstream" manufacturer.