Advertising:
on 2040-cars
Year:1987
Mileage:2823
Location:
Delta, BC, Canada
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Immaculate 1987 Chrysler LeBaron convertible. Inline 4 cylinder 2.2 Turbo engine with automatic transmission, power windows and power bucket seats. Leather interior and has always been garage kept. This pristine car was purchased from the original owner and has a power top, window locks, and power mirrors. The paint, body and interior leather are all original and in beautiful condition.
This car is 100% original, with the exception of a new replacement fuel tank and battery. The tires are original and look great but may need replacing due to their age. The mileage is 2823 original miles. The vehicle does have a 5 inch crack in the steering wheel and there is an included picture to illustrate this damage. The fuel gauge is not working and requires a new fuel sending unit. The winning bidder must make a non refundable deposit of $500.00 via PayPal within 24 hours of winning. The balance must be paid within seven (7) days of the close of auction by cash, certified check or bank transfer prior to picking up the car. The buyer is responsible for transportation arrangements. All sales are final. The car is sold "as is" with no warranties or guarantees of any kind. |
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Auto blog
Treasury says auto bailout tally drops to $20.3 billion
Tue, 12 Feb 2013In December, the US Treasury announced that it was going to sell all of its shares in General Motors within 12 to 15 months. The first tranche of the 500-million total shares was purchased by GM, which took 200 million of them at $27.50 per share. That price represents an eight-percent premium over the market price at the time. The remaining 300 million shares will be sold "through various means in an orderly fashion."
Of the $418 billion disbursed through the Troubled Asset Relief Program (TARP), a report in Automotive News indicates that "about 93 percent" has been paid back, and the latest figures put Treasury's loss from the program overall at $55.58 billion. That's a $4.1 billion improvement on the last figure, when the expected red ink added up to $59.68 billion. The auto industry's portion of that loss is estimated to be $20.3 billion, a 16-percent drop from the earlier estimate of $24.3 billion.
The Treasury now owns 19 percent of GM, but if all goes well, there will be no more cause for anyone to utter "Government Motors" by the end of Q1 next year. A loss of some kind is still expected, however. Although GM's stock price is close to $29 at the time of this writing, that's still $4 below its IPO price and well below the $72 share price necessary for the government to come out even on its GM investment. On second thought, maybe the ribbing will continue.
Chrysler mum on Toledo Wrangler production after meeting Ohio leaders
Fri, 10 Oct 2014
"Fiat Chrysler remains committed to producing vehicles in Toledo and anticipates employment to remain at current levels."
The future of the iconic Jeep Wrangler in Toledo, OH, remains uncertain after a meeting Thursday between Fiat Chrysler CEO Sergio Marchionne and Ohio government leaders.
Detroit automakers gain market share simultaneously for first time in 20 years
Wed, 01 May 2013While monthly sales figures might be an easy way of tracking the progression of the auto industry and individual automakers, looking at market share might be more indicative of how each company is actually standing up against its competitors. For the Detroit Three automakers, they have collectively lost almost 30 percent of the market over the last 20 years, but now, for the first time since 1993, Ford, General Motors and Chrysler have each posted market share gains at the same time.
According to Automotive News, Ford's share increased the most by 0.7 percent, GM was up 0.5 percent and Chrysler rose marginally by 0.2 percent, giving the Detroit automakers a total market share of 45.6 percent. As for the Japan's Big Three, the article reports that Toyota is up by 0.7 percent, Nissan is down the same amount and Honda has seen "little change."