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

2005 Chrysler Crossfire Limited Coupe on 2040-cars

US $7,100.00
Year:2004 Mileage:87600
Location:

Mesa, Arizona, United States

Mesa, Arizona, United States
Advertising:

 Great Crossfire - excellent drivers car - always garaged - normal wear for a 10 YO car. The time has come to need a regular size vehicle so I need to part with my fantastic car. Happy to supply any further information or photos - please ask any questions before submitting a bid - just let me know.

Auto Services in Arizona

Xtreme Roadside ★★★★★

Auto Repair & Service, Locks & Locksmiths, Keys
Address: 9424 W Jamestown Rd, Cashion
Phone: (623) 680-6941

Xpress Automotive & Wash ★★★★★

Auto Repair & Service
Address: 1436 N Higley Rd, Apache-Jct
Phone: (480) 924-5224

Windshield Replacement & Auto Glass Repair Phoenix ★★★★★

Auto Repair & Service, Windshield Repair, Glass-Auto, Plate, Window, Etc
Address: 1121 N 44th Street, Paradise-Valley
Phone: (602) 235-0353

West Glenn Body Shop ★★★★★

Automobile Body Repairing & Painting
Address: 5218 W Glenn Dr, Glendale-Luke-Afb
Phone: (623) 931-4100

Valley Express Auto Repair ★★★★★

Auto Repair & Service, Automobile Inspection Stations & Services, Automobile Repairing & Service-Equipment & Supplies
Address: 629 W Broadway Rd, El-Mirage
Phone: (480) 630-1279

Valley Express Auto Repair ★★★★★

Auto Repair & Service, Automobile Inspection Stations & Services, Automobile Repairing & Service-Equipment & Supplies
Address: 629 W Broadway Rd, Scottsdale
Phone: (480) 630-1279

Auto blog

Fiat Chrysler dumped 40,000 unordered vehicles on dealers

Thu, Nov 14 2019

In a move that echoes recent history, Fiat Chrysler has been making more cars and trucks than dealers in the U.S. are willing to accept, with Bloomberg reporting that at one point the automaker had built up a glut of around 40,000 unordered vehicles. That’s led some dealers to accuse FCA of reviving the dreaded “sales bank” accounting practice of obscuring inventory to improve the balance sheet. The company reportedly began building up its inventory of unordered cars this summer despite an industrywide slowdown in sales and an eagerness by some dealers to thin their inventories because rising interest rates are making it more expensive to hold unsold cars. The inventory build-up also coincided with Fiat ChryslerÂ’s efforts to find a merger partner, first with Renault, which fell through, then last monthÂ’s announcement that it will merge with FranceÂ’s PSA Group. FCA denies any such scheme and tells Bloomberg the rising inventory is down to a new predictive analytics system designed to better square supply with demand from dealers that is helping the company save money and narrow the numbers of unsold vehicles. The company recently agreed to pay a $40 million civil penalty to the U.S. Securities and Exchange Commission to settle a complaint that it paid dealers to report fake sales figures over a span of five years. While no one is suggesting that FCA is in dire financial straits — the company saw higher than expected earnings in the third quarter and record profits in North America — the practice has strong historical precedent by Chrysler, which built up bloated inventories in the run-up to its two federal bailouts, in 1980 and 2009. It was also common at GM and Ford during the 2000s, when all three Detroit automakers struggled with excess manufacturing capacity and plummeting sales in the lead-up to the Great Recession. Back in 2012, CFO Magazine wrote about a report that explained automakersÂ’ rationale for the practice and how it works: Say fixed costs for a given factory are $100, and that the factory can make 50 cars. Consumers, however, demand only 10. Under absorption costing, if the company makes all 50 cars, its cost-per-car is $2. If it makes only up to demand, or 10 cars, the cost-per-car is $10. Although each car adds variable costs for steel and other parts, if those costs are low, the company still has an incentive to make more cars to keep the cost-per-car down.

Chrysler reports $464M net income for Q3

Wed, 30 Oct 2013

Chrysler has just announced earnings of $464 million in net income for this third quarter, a 22-percent year-over-year increase. Net income for the first three quarters of 2013 is at $1.1 billion. Net revenue climbed significantly as well, to $17.6 billion, a 13.5-percent increase on Q3 of 2012.
Those increases were thanks in no small part to an eight-percent rise in sales from the same period last year, with 603,000 vehicles sold worldwide. "Chrysler Group's ninth consecutive quarter of positive net income highlights our commitment to producing award-winning vehicles for consumers, such as the Jeep Grand Cherokee and the Ram 1500," said Sergio Marchionne, Chairman and CEO of Chrysler Group.
Despite the increased sales, Chrysler's US market share dropped slightly, from 11.3 percent in Q3 2012 to 11.2. Canadian market share remained level at 14.3 percent. Have a look below for the entire press release from Chrysler.

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.