2005 Chrysler Pacifica Tounring Minivan/crossover 4d Navy Blue 76k Excellent Con on 2040-cars

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Fiat and UAW back at negotiating table over Chrysler stake

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.

Auto industry insider previews tell-all book, What Did Jesus Drive?

"It's about some of the biggest crises in history. It's about who did it right and who did it wrong." - Jason Vines
Jason Vines, the former head of public relations at Chrysler, Ford and Nissan, has seen a lot during his more than 30-year career, and now he's offering a behind-the-scenes look at the auto industry in his tell-all book What Did Jesus Drive? that went on sale this month.

Chrysler prices updated 2021 Voyager and Pacifica line

Chrysler is updating the Voyager and the Pacifica with a fresh design, available all-wheel drive, plus a handful of improvements inside and out for the 2021 model year. Unsurprising, the changes come with a higher price. Priced at $28,730 including a mandatory $1,495 destination charge, the Voyager L remains the company's entry-level model, and it's $250 more expensive than the 2020 model. Next up is the LX, which starts at $31,540. It's followed by the fleet-only LXi model; if you operate a fleet, or if you're just curious, it's priced at $34,740. Moving up, the Pacifica is a nicer alternative to the Voyager with additional features, a more upscale look, and a correspondingly higher price. It's also offered with all-wheel drive and with a gasoline-electric hybrid powertrain, though the two options are not compatible. The entry point into the range is the Touring priced at $36,540 including the aforementioned destination charge, which is a $1,000 increase compared to the 2020 model.   Related: Least expensive vehicles to insure in America   New for 2021, all-wheel drive is a long-awaited $2,995 option that brings the Touring's price up to $39,535, while selecting the hybrid model bumps that figure to $41,490. Interestingly, the Touring and Touring L models are the only front-wheel drive, non-electrified variants of the Pacifica. Called Limited and Pinnacle, respectively, the next two are only available with one or the other, and they're priced accordingly. The top-of-the-line all-wheel drive Pinnacle is priced in luxury car territory at $54,885, while the hybrid starts at $52,340.  It's worth mentioning the positioning of the all-wheel drive and hybrid models is reversed as buyers move up in the trim hierarchy. Shop for a Touring L, and you'll pay $1,155 more for a hybrid van than for one equipped with all-wheel drive. Step up to the Pinnacle model, and all-wheel drive costs $2,545 more than the hybrid system. 2021 marks the end of the 35th Anniversary and Red S models. Don't expect a 36th, 37th, or 38th Anniversary model to appear, but a sportier-looking version along the lines of the Red S could reappear. Built in Canada, the 2021 Chrysler Voyager and 2021 Chrysler Pacifica will begin arriving in American showrooms in the fourth quarter of 2020. Although the minivan segment isn't nearly as important as it once was, it's still relatively big and several of its main players are receiving comprehensive updates for 2021.