2008 Chrysler Pt Cruiser Base Wagon 4-door 2.4l on 2040-cars
Campobello, SC, United States
Body Type:Wagon
Vehicle Title:Salvage
Engine:2.4L 2429CC 148Cu. In. l4 GAS DOHC Naturally Aspirated
Fuel Type:GAS
For Sale By:Dealer
Make: Chrysler
Model: PT Cruiser
Warranty: Vehicle does NOT have an existing warranty
Trim: Base Wagon 4-Door
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Drive Type: FWD
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Mileage: 92,890
Exterior Color: Burgundy
Disability Equipped: No
Interior Color: Gray
Number of Cylinders: 4
2008 Chrysler PT Cruiser. Burgendy exterior with gray interior. Looks great inside and out. Automatic. 4 door.
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Ferrari borrows $2.6 billion to finance FCA spinoff
Tue, Dec 1 2015Ferrari announced Monday that it is borrowing about $2.6 billion to finance its spinoff from Fiat Chrysler Automobiles. Here's how it breaks down: Ferrari NV, the automaker's parent company based in the Netherlands, is taking out loans totaling 2.5 billion euros. That's equivalent to $2.64 billion at current exchange rates, and is divided between a term loan of $2.12 billion and a revolving credit facility of $529 million. The larger term loan "will be used to refinance indebtedness owing to Fiat Chrysler Automobiles," among other purposes. That ought to constitute the lion's share of the $2.38 billion which the Prancing Horse marque was, according to reports last year, slated to pay its current parent company in order to help FCA fund its ambitious growth plans. The separate line of credit is earmarked "to be used from time to time for general corporate and working capital purposes of the Ferrari group." Though Ferrari is not expected to take any other Fiat Chrysler properties with it, the "group" in this case would include its various financial services and distribution arms around the world that may have been separately incorporated. As noted in the statement below, the financial arrangement "represents a further step towards the separation of Ferrari from the FCA Group," following the separate stock issues from both companies as independent from each other. FERRARI N.V. SIGNS ˆ2.5 BILLION SYNDICATED CREDIT FACILITY Ferrari N.V. (NYSE: RACE) ("Ferrari") announced today that it has entered into a ˆ2.5 billion syndicated loan facility with a group of ten bookrunner banks. The facility comprises a bridge loan (the "Bridge Loan") and a term loan (the "Term Loan") of ˆ2 billion in aggregate and a revolving credit facility of ˆ500 million (the "RCF"). Proceeds of the Bridge Loan and Term Loan will be used to refinance indebtedness owing to Fiat Chrysler AutomobilesN.V. (NYSE: FCAU) ("FCA") and other indebtedness and for other general corporate purposes. Proceeds of the RCF may be used from time to time for general corporate and working capital purposes of the Ferrari group. The Bridge Loan has a 12 month maturity with an option for Ferrari to extend once for a six-month period. Ferrari intends to refinance the Bridge Loan prior to its maturity with longer term debt, including through capital markets or other financing transactions. The Term Loan, which comprises a majority of the total facility, and the RCF each have a maturity of five years.
Fiat seeking $10B in financing to buy Chrysler
Thu, 30 May 2013As Fiat looks to become the full owner of Chrysler, all it has standing in its way is the retiree trust of the United Auto Workers, which currently holds the remaining 41.5 percent of the company as the result of the Pentastar's bankruptcy deal. The Detroit News is reporting that that Fiat is currently talking to numerous banks in an attempt to raise around $10 billion to fund the purchase of Chrysler's remaining stake with enough left over to refinance the debt of both companies. We've known that Fiat has been working to obtain the capital to buy out Chrysler for some time now, but this is the first time we've seen Fiat tip its hand about how much cash it thinks it will need to close the deal.
The first order of business is a legal dispute over the value of the UAW's stake in Chrysler, which the report indicates could cost Fiat around $3.5 billion. The acquisition of remaining shares could happen by this summer, but it sounds like CEO Sergio Marchionne (above) might not be ready for a full merger until next year.
Will the Dodge Charger keep a gas engine? It's always been a possibility
Wed, Oct 25 2023The automotive rumormill has been working at a frenetic pace ever since images of what's thought to be the upcoming Dodge Charger Daytona body-in-white hit the internet a week or so ago. When we initially posted the pictures, which had been uploaded to various social media channels and web forums, we took immediate note of the presence of an unmistakable transmission tunnel. We wondered out loud (virtually, at least) "if there have been some changes to battery and component layout, or if this is to allow for an internal-combustion powertrain option early on." Well, if you believe a report from "a source connected to a supplier with firsthand information of Dodge's production plans" who reportedly "agreed to speak about the next-gen Charger program in exchange for anonymity" to The Drive, that transmission tunnel is for — you guessed it! — a transmission. An upcoming and updated version of the eight-speed automatic currently in use in any number of Chrysler, Dodge, Jeep and Ram vehicles, to be specific, hooked up to the Hurricane-branded inline-six-cylinder engine that debuted under the hood of the Jeep Wagoneer. That engine is destined to replace the Hemi-branded V8 engines that have admirably served across the Stellantis portfolio for just about as long as anyone can remember. Here's where things get tricky. There's actually zero reason to be surprised that there's a transmission tunnel buried inside the Dodge Charger Daytona. Dodge boss Tim Kuniskis basically said there would be a transmission tunnel a year ago. "I've been very transparent that our next cars are built on the STLA Large platform, and the STLA Large is a multi-energy platform," he said. He further reinforced the point, adding, "I can put an ICE engine in there. Doesn't mean we're going to. We're certainly not launching with anything like that." Removing all further doubt about the matter, Kuniskis concluded, "We're launching with full battery-electric and we think that by the time we get to that point the offering we're going to have is going to be really attractive in the marketplace. If some day we want to add ICE to that car, could we? It's totally [possible], but maybe we'll never get there." Is there any way to reconcile the information anonymously provided to The Drive with the statements made earlier by Dodge honchos? Sure. It's entirely possible that we don't know all the vehicles, or the names of those vehicles, that will be built atop the STLA Large platform.







