Find or Sell Used Cars, Trucks, and SUVs in USA

Touring Ethanol - Ffv 3.6l Air Conditioning Power Seat Power/heated Mirrors Sync on 2040-cars

Year:2011 Mileage:25994 Color: White
Location:

Traverse City, Michigan, United States

Traverse City, Michigan, United States
Transmission:Automatic
Body Type:Minivan, Van
Vehicle Title:Clear
Fuel Type:Ethanol - FFV
For Sale By:Dealer
Condition:

Used

VIN (Vehicle Identification Number)
: 2A4RR5DGXBR604160
Year: 2011
Make: Chrysler
Model: Town & Country
Warranty: Unspecified
Mileage: 25,994
Sub Model: Touring
Power Options: Power Locks
Exterior Color: White
Number of Cylinders: 6

Auto Services in Michigan

Zaharion Automotive ★★★★★

Auto Repair & Service, Brake Repair, Tire Changing Equipment
Address: 13111 Beadle Lake Rd, Climax
Phone: (269) 979-8500

Woodland-Kawkawlin Trailers ★★★★★

New Car Dealers, Trailers-Automobile Utility, Trailer Equipment & Parts
Address: 112 S Huron Rd, Bay-City
Phone: (989) 686-6176

W L Frazier Trucking ★★★★★

New Car Dealers, Trucks-Industrial
Address: 5195 E River Rd, Lake-Isabella
Phone: (989) 779-0733

Valvoline Instant Oil Change ★★★★★

Auto Repair & Service, Auto Oil & Lube, Automotive Tune Up Service
Address: 1424 E M 89, Otsego
Phone: (269) 694-9407

Urka Auto Center ★★★★★

Auto Repair & Service, New Car Dealers, Automobile Body Repairing & Painting
Address: 3736 W US 10, Free-Soil
Phone: (231) 845-6282

Tuffy Auto Service Centers ★★★★★

Auto Repair & Service, Brake Repair
Address: G-4175 W Pierson, Grand-Blanc
Phone: (810) 785-7320

Auto blog

Fiat and UAW back at negotiating table over Chrysler stake

Mon, 23 Dec 2013

We knew there'd be no Chrysler IPO before the end of this year, but Fiat is determined to get the best run going into 2014 and is back at the poker table with the UAW. The delay was said to be Chrysler's desire to clean up a tax issue with the IRS; turns out that also bought the carmaker time to try and close a deal for the UAW's 48.5-percent stake in the company before the IPO happens.
Whereas the price Chrysler was willing to pay was once more than $1 billion under the UAW's asking price, the gap has closed to just $800 million of late. A recent valuation of the company at $10 billion - a valuation the UAW has disputed - means Fiat would be looking to pay about $4.2 billion instead of the $5 billion that the UAW seeks. But the UAW needs to hold out for the highest amount it can get because its pension obligations through the Voluntary Employee Benefit Association (VEBA) are $3.1 billion greater than the VEBA's assets, which include the Chrysler stake.
There's a clause in the agreement that Fiat can buy the VEBA shares for $6 billion, but Fiat CEO Sergio Marchionne has said that the UAW "should buy a ticket for the lottery" if they even want $5 billion. The UAW, though, has more time to wait; it's Fiat that wants access to Chrysler's $11.9-billion war chest and that would like to avoid the risk of paying the full $6 billion for the UAW share if the float really takes off. With other valuations of Chrysler as high as $19 billion, a hot IPO could make that $6 billion look like a bargain.

Chrysler files for IPO

Tue, 24 Sep 2013

Chrysler 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.

Marchionne's pay as Fiat CEO falls to $5M

Wed, 12 Mar 2014

Sergio 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.