1970 Ford Mustang Mach1 Grabber Yellow Fastback With 351 Cleveland 4v Project on 2040-cars
Hookstown, Pennsylvania, United States
Body Type:sportsroof
Engine:m code 351 cleveland 4v
Vehicle Title:Clear
Fuel Type:Gasoline
For Sale By:Private Seller
Interior Color: Black
Make: Ford
Number of Cylinders: 8
Model: Mustang
Trim: fastback
Drive Type: rwd
Mileage: 85,069
Sub Model: mach1
Warranty: Vehicle does NOT have an existing warranty
Exterior Color: grabber yellow
up for auction is a real 1970 ford mustang mach1 and not a clone.first off let me say that the entire car will need gone over and restored because it has been sitting in a garage since about the early 1980's.the car was a texas car that moved to kentucky at some time in its life and thats where i got it, and had it shipped here from. i will try to describe the car as accurately as i can.first off the major parts of any mustang that are usually rusted and rotted out are not rotted on this car as i will list.all the frame rails both front and back and both sides are not rotted and need nothing done to them.one torque box needs a patch put on it but the rest are very nice.the quarter panels are also very nice originals that need very little done to them.the inside of the trunk is also very nice with no patches or rot showing.the passenger door needs little work.the drivers door has a rust hole in the bottom rear corner and a dent in it so i would just put on a new skin.the door frame is in good shape so it can be used over.the trunk lid has rust and a hole in the corner so it will also need replaced.the floor pans have some rust and holes and also a piece cut out where i think someone wanted to put a 4 speed in but never did,i would replace the floor with a one piece complete floor just to make it look perfect and a one piece is much easier to do than putting in sections.all the front framework and rad support is in great shape there is no rot where the front bumper bolts on as most have, there is not even a rot hole under the battery tray where they all rot.the nuts pulled through the rear aprons for the hood hinges so they will need changed the old ones were correctly removed by taking out the spot welds and temporary ones were put in just so the car doesnt shift when transporting it.the drivers side shock tower had a hole cut in it to get to the grease fittings and the wrap around part was welded solid on both sides for extra support.you can change these if you want when changing the rear aprons.fenders are not all rotted out but do have dings and dents so i would just replace them anyway. other rust that i can find that needs repaired is some around the windshield lip,roof and cowl panel.the hood had a hole cut in it for air and a aftermarket scoop put on it as so many cars did in that era.the wheels and tires were also changed and now has huge 50 series in the rear and 60 series in the front.the engine transmission and rear end are as far as i can tell the original ones from the car.i cant find any serial numbers stamped in anything but all the driveline parts are dated less than 90 days before the car was finished.as a matter of fact all the major engine parts were made in a week.engine block 9h13 intake 9h14 heads 9h9 and 9h11 definitely all original to this engine.the engine is a 351 cleveland factory 4 barrel with 4 barrel heads.i removed the engine and transmission and removed the intake and heads to check the condition of the engine.it seems to be all original and i dont think it was ever taken apart before me.the speedometer reads 85,069 miles and the title says 85,000 miles on it and i truly believe these are original miles.engine needs rebuilt from sitting just like the rest of the car.i cant possibly describe every single part of this car as this description is already getting pretty long so if you have any questions about anything just e-mail me.i am including a copy of the marti report in the listing so you can check out all the info on the car.i have to sell it.just e-mail me with any questions at all that you might have.i encourage anyone who lives close to come and check out the car in person,or have someone come check it out for you.
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FCA close to paying off debt, outperforming Ford in earnings
Fri, Jan 26 2018FCA boosting output of SUVs, trucks in U.S. Marchionne says the company no longer needs a merger partner FCA expects to pay off all debt this year "There's a very strong likelihood that we will outperform Ford" MILAN/DETROIT — Fiat Chrysler's shift to sell more trucks and SUVs boosted margins yet again in its North American profit center, making Chief Executive Sergio Marchionne confident he can hit most of the final targets of his five-year turnaround plan. FCA has been retooling some U.S. factories to boost output of lucrative sport-utility vehicles and trucks while ending production of some unprofitable sedans. This put the world's seventh-largest carmaker on track to become debt-free by the end of the year, and allowed Marchionne to make good on his promise to close the gap on larger U.S. rivals General Motors (GM) and Ford. "There's a very strong likelihood that we will outperform Ford in terms of operating earnings in 2018," Marchionne told analysts on an earnings call Thursday. "That's something that if I told any of us in the room here that would've been doable five years ago, nobody would have believed it." As the 65-year-old executive prepares to hand over the reins to an internal successor next year, he said the improvements mean the company no longer needed a partner to survive. The carmaker has often been the subject of merger speculation, especially after its unsuccessful 2015 attempt to tie up with GM. "The necessity to find a partner, to try and guarantee our survival, going forward, is put to bed. I mean we're done," Marchionne told analysts on a post-results conference call. North America accounted for 71 percent of earnings last quarter, and profit margins in the region rose to 8 percent from 7.1 percent a year earlier, even as shipments fell 3 percent. Meanwhile Ford's automotive margin for North America slipped to 6.8 percent, down from 8.5 percent a year earlier.FCA trimmed its expectations for 2018 revenues and forecast adjusted operating profit of at least 8.7 billion euros, at the lower end of a previously given range. Analysts said FCA's margin improvement was impressive, and it could be on the cusp of a big boost from its new Jeep Wrangler and Jeep Cherokee models and its Ram 1500 truck. FCA ready to pay off its debt But the Italian-American carmaker expects to cancel all debt during 2018 — possibly by the end of June — and generate around 4 billion euros in net cash by the end of the year.
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