1983 Chrysler Lebaron Mark Cross Town & Country Convertible on 2040-cars
Waynesburg, Pennsylvania, United States
Body Type:Convertible
Engine:2.6 Liter four cylinder
Vehicle Title:Clear
Fuel Type:Gasoline
For Sale By:Private Seller
Interior Color: Brown
Make: Chrysler
Number of Cylinders: 4
Model: LeBaron
Trim: Convertible
Drive Type: FWD
Options: Leather Seats, Convertible
Mileage: 80,331
Power Options: Power Windows
Sub Model: LeBaron
Exterior Color: White with artificial wood on side of car.
1983 Chrysler LeBaron, Mark Cross Edition. I bought this car four years ago and have never put the top up. The top was only a couple years old, and I'm sure its fine. Needs a new hydraulic cylinder for the top lift, but I never cared because I can manually assist it up, if wanted. Cylinder is available on eBay for $100. The car is garaged if not a great day to drive it with the top down, but in three seasons of each year, it is almost a daily driver. It is fun to drive. Needs a radio, but who would want one. Needs an A/C compressor, but who cares? A great looker for parades. Overall runs well. Windows work well. Heater works well. Has new transmission. Has new battery, and new front shocks. Has new front brake calipers and brakes. Should be aligned, but I haven't cared about alignment too much. Wire wheel covers, but not perfect ... well nothings perfect on this car ... its a Lee Iacocca Chrysler sold by Ricardo! Buyer gets the Time magazine adv page pictured, too!
Chrysler LeBaron for Sale
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Fiat Chrysler begins Magneti Marelli spinoff
Thu, Jul 19 2018MILAN — Fiat Chrysler has kicked off its planned spinoff of parts maker Magneti Marelli, which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed. The spinoff is part of a plan by FCA Chief Executive Sergio Marchionne to "purify" the Italian-American carmaker's portfolio and to unlock value at Magneti Marelli similar to his earlier spinoff of Ferrari. Analysts say Magneti Marelli could be worth between 3.6 billion and 5 billion euros ($4.2 billion to $5.8 billion). It sits within FCA's components unit alongside robotics specialist Comau and castings firm Teksid. FCA has created a separate entity called MM Srl, the document showed, into which it will fold Magneti Marelli's electronics and electro-mechanical operations related to racing motorbikes and racing cars, as well as 14 other holdings in various companies around the world, including Germany, Slovakia, Mexico and South Africa. MM will be incorporated into a Dutch holding company via a cross-border merger, it added. FCA declined to comment. The move follows a similar procedure adopted by FCA for the spinoff and listing of Ferrari as well as of trucks and tractor maker CNH Industrial, both registered in the Netherlands and listed in Milan. The Dutch holding company would allow Marchionne, known for his success in extracting shareholder value through this strategy, to introduce a loyalty share scheme to reward long-term investors through multiple voting rights, as was the case with CNH and Ferrari. That would tighten the grip of FCA's controlling shareholder Exor, the Agnelli family's investment holding company, on the parts maker. Magneti Marelli, which employs around 43,000 people and operates in 19 countries, is a diversified components supplier specialized in lighting, powertrain and electronics. The Magneti Marelli separation is expected to be completed by the end of this year or early 2019, FCA has said. FCA's advisers initially looked at a possible initial public offering for the business to raise cash to cut FCA's debt, but the Agnelli family — FCA's main shareholder — was put off by low industry valuations and did not want its stake in Magneti Marelli to be diluted, three sources close to the matter told Reuters in March. Magneti Marelli has often been touted as a takeover target, and FCA has fielded interest from various rivals and private equity firms over the years.
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These dealers believe that they should be compensated by the federal government, as Chrysler wouldn't have trimmed its sales centers had it not been ordered to by Uncle Sam. Now, thanks to the ruling of three judges on the US Court of Appeals for the Federal Circuit, the dealers will get a chance to argue their point.
According to Automotive News, the dealers argue that the mandatory shuttering of dealers was unconstitutional, because the federal government was taking property without compensation. If the dealers are victorious, not only would the government be out millions of dollars, but a precedent could be set that would allow similarly closed GM dealerships to cash in.
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The whole situation flared up in March when the South Puget Sound Community College in Olympia, WA, received a notice from Chrysler Group that requested that the school's Viper be destroyed. The automaker had loaned the muscle car to it about a decade ago to use for educational purposes in its auto tech classes. With the Dodge growing long in the tooth, "it is unlikely that these vehicles offer any educational value to students," the company said in its press release on the matter.
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