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Junkyard Gem: 1990 Chrysler LeBaron GT Convertible

When Chrysler sprang back to life under Lee Iacocca and his K-Cars, the flagship of the new front-wheel-drive order was the luxurious new 1982 LeBaron convertible, which shoved aside the drab and antiquated Dodge Diplomat-based 1981 LeBaron. The LeBaron sedan got the axe after 1989, with only sporty coupes and devil-may-care ragtops given LeBaron badges after that. Here's an example of the third-generation LeBaron convertible, found in a Colorado wrecking yard a few months ago. There were four trim levels of LeBaron convertible available for the 1990 model year: Highline, Premium, GT and GTC. Today's Junkyard Gem is a second-from-the-top GT, which had an MSRP of $17,799 (about $43,383 in 2023 dollars). The intake manifold may bear the Chrysler name, but this engine is three liters of pure Mitsubishi 6G72 power. With 141 horsepower and 171 pound-feet, this engine was  standard equipment on the GT convertible (if you bought the GTC Coupe, you got a 175-horse 2.5-liter turbocharged four-cylinder). The idea of a Detroit luxury machine with a manual transmission seems strange today… and it was also somewhat strange 33 years ago. The original buyer of this car almost certainly had the money for the optional automatic ($552, or $1,314 today) but preferred the five-on-the-floor manual. With a curb weight of just 2,775 pounds, this car would have been plenty of fun to drive with a three-pedal setup. The resemblance between this car and its far more expensive first cousin, Chrysler's TC by Maserati, was all too obvious to TC shoppers. Yes, that's genuine Corinthian Leather on the seats. Driver's-side airbags were rare on 1990 US-market cars, but Chrysler was ahead of the competition with this safety feature. This car nearly reached 275,000 miles during its life. Who says a convertible doesn't make a good daily commuter? It looks to have been in good condition at the end, though the driver's door latch mechanism needed to be reattached via welding repairs at some point. The retractable headlight covers are open in these photos. Chrysler ditched the hidden headlights for the 1993 LeBarons; production ended after 1995. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. There is no luxury without engineering. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. In Canada, Celine Dion pitched this generation of LeBaron convertible.

Who are Mike Manley, Louis Camilleri, and Suzanne Heywood?

MILAN – Fiat Chrysler aid on Saturday that boss Sergio Marchionne, 66, would not be returning to work because he was gravely ill. In addition to being FCA chief executive, Marchionne was also CEO and chairman of luxury sports car brand Ferrari and chairman of truck and tractor maker CNH Industrial, which were spun off from FCA in recent years. Following is a brief summary on the executives who have been appointed to replace him in the various roles: MIKE MANLEY The 54-year-old Briton picked to become the FCA's new CEO has been leading the group's top brand Jeep since 2009, first as Jeep President and CEO at Chrysler and then as FCA's Jeep head. In 2015 he was also appointed head of the Ram brand. Under his tenure, Jeep turned into a global brand becoming, together with Ram, FCA's profit engine. Jeep sold nearly 1.4 million cars last year compared with less than 338,000 in 2009. Manley had worked as DaimlerChrysler's head of network development in Britain since 2000, having earlier worked for several years in car dealership. At Chrysler, he headed product planning and all sales activities outside of North America and then became the group's chief operating officer for Asia and the lead executive for the international activities outside of NAFTA. LOUIS CAMILLERI The new Ferrari CEO was already a board member at the luxury sportscar maker before his latest appointment. He is also the chairman of Philip Morris International, where he also held the job of CEO from 2008 to 2013. Born in 1955, Camilleri had joined Altria Group, which controls Philip Morris, in 1978 holding various positions until he became chief financial officer in 1996 and then CEO in 2002. Camilleri was also chairman of Kraft Foods from 2002 to 2007. Malta's Prime Minister Joseph Muscat wished Camilleri luck on Twitter saying he was proud to have "a bit of Malta in Ferrari" thanks to the new CEO, who was born in Egypt to Maltese parents. SUZANNE HEYWOOD The new, British-born chairwoman of CNH Industrial has been since 2016 the managing director of EXOR, the holding company through which the Agnelli family controls FCA. Heywood, 49, started her career at the British Treasury and then joined McKinsey in 1997, leading for many years the consultancy firm's global service line on organization design. She eventually became a senior partner there. Heywood sits on the board of The Economist, which is controlled by EXOR, and the board of the Royal Opera House, where she is also deputy chair.

Ferrari and FCA are officially separated

It's been a long time in the making, but it's officially happened: Ferrari is no longer part of Fiat Chrysler Automobiles. Following the Italian automaker's initial public offering, it has officially split off from its former parent company. As part of the spin-off, FCA's stakeholders will each receive one common share in Ferrari for every ten they hold in Fiat Chrysler. Special voting shares will be distributed in the same proportions to certain shareholders as well. Those shares being distributed will account for 80 percent of the company's ownership. Another ten percent was floated as part of the company's IPO, while the remaining 10 percent is held by Enzo's son Piero Ferrari (pictured above at center), who serves as vice chairman of the company. The shares will continue to be traded under the ticker symbol RACE on the New York Stock Exchange, and will begin trading this week as well under the same symbol on the Mercato Telematico Azionario, part of the Borsa Italiana in Milan. Since the extended Agnelli family headed by chairman John Elkann (above, right) holds the largest stake in FCA, expect it to continue controlling the largest portion of Ferrari shares as well. Between them, nearly half of the shares in the supercar manufacturer – and we suspect a little more than half of the voting rights – will be controlled by the Agnelli and Ferrari families, who are expected to cooperate to ensure the remaining shareholders don't attempt a takeover of the company. Similar to its former parent company, which operates out of Turin and Detroit, the Ferrari NV holding company is nominally incorporated in the Netherlands, but the automaker will continue to base its operations in Maranello, Italy. That's where it's always been headquartered, on the outskirts of Modena. For the time being, Sergio Marchionne (above, left) remains both chairman of Ferrari and chief executive of FCA – a position to which he is not unaccustomed, having previously headed both Fiat and Chrysler before the two officially merged. Related Video: Separation of Ferrari from FCA Completed LONDON, January 3, 2016 /PRNewswire/ -- Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) and Ferrari N.V. ("Ferrari") (NYSE/MTA: RACE) announced today that the separation of the Ferrari business from the FCA group was completed on January 3, 2016. FCA shareholders are entitled to receive one common share of Ferrari for every 10 FCA common shares held.