1997 Chrysler Cirrus on 2040-cars
El Monte, California, United States
Body Type:Sedan
Engine:V-6
Vehicle Title:Clear
Fuel Type:Gasoline
For Sale By:Owner
Number of Cylinders: 6
Model: Cirrus
Trim: 4 door LXI
Drive Type: rear wheel
Options: Leather Seats, CD Player
Mileage: 191,097
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Sub Model: LXI
Exterior Color: White
Interior Color: beige
Warranty: Vehicle does NOT have an existing warranty
I have had this car for 5 years, it has the normal wear and tear for a 1997 with 191,097 miles. The car does run but it does shut off while the car is stopped and sometimes surges but doesn't shut off when driving, i continued to drive it anyway because it didnt happen frequently. It has been in the shop twice due to us thinking that was the issue so we replaced the fuel filter, fuel pump and crank sensor but still shuts off. The check engine light does not come on so theres no code to read to tell us what is exactly wrong with the car. Recently the power steering pressure hose broke so the power steering is not working so that will need to be replaced. Don't want to put anymore money in the car so i am selling. Interior has normal wear and tear (see above pictures)..A/C and heater works good, all windows are electric and work, the locks work except for the drivers side which has to be done manually. All interior and exterior lights work. radio works (only 2 front speakers). Body and paint look very good, no major dents. As for wheels and tires they are in good shape.
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Auto Services in California
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Auto blog
Fiat ups Chrysler stake by 3.3%, inches closer to full control
Mon, 08 Jul 2013Fiat is one step closer to completing a merger with Chrysler after exercising an option to acquire an additional 3.3 percent of the Auburn Hills-based automaker today. Automotive News reports that Fiat now controls 68.49-percent of Chrysler, which is up almost 10 percent since we last heard news of this deal back in February when Fiat talking to various banks to raise more capital in order to complete the acquisition.
The article says that Fiat is still able to increase its stake in Chrysler up to 75 percent over the next 12 months, but it sounds like CEO Sergio Marchinonne would rather purchase the remaining shares from VEBA - the retiree benefits trust - sooner rather than later. Unfortunately, the two sides still seem far from an agreement on a fair price for the rest of Chrysler, as Fiat has them valued at $4.2 billion compared to the $10.3 billion estimate from the unions that currently own the remaining stake in Chrysler.
UAW urging Chrysler to sell shares to investors
Thu, 10 Jan 2013The United Auto Workers union is pushing Chrysler to sell 16.6 percent of its stock to investors in an attempt to establish the value of the shares. The UAW is currently locked in a lawsuit with Chrysler parent company Fiat over how much the Italian automaker should pay to buy shares from the trust fund. Last year, Fiat told the trust it intended to exercise its right to purchase 3.3 percent of the union's shares at issue. But the union contended the 54,154 shares were worth closer to $381 million instead of the $155 million Fiat offered.
Currently, the UAW owns 41.5 percent of Chrysler while Fiat holds 58.5 percent of the company. Currently, it's unclear whether the UAW could force Chrysler to put the shares on the open market. Doing so would be the first step toward a much-anticipated initial public offering. Chrysler has said it will comply with its shareholders agreement, and Fiat has echoed that tune. According to The Detroit Free Press, the UAW Retiree Medical Benefits Trust has declined to comment on the situation.
Chrysler reports $464M net income for Q3
Wed, 30 Oct 2013Chrysler has just announced earnings of $464 million in net income for this third quarter, a 22-percent year-over-year increase. Net income for the first three quarters of 2013 is at $1.1 billion. Net revenue climbed significantly as well, to $17.6 billion, a 13.5-percent increase on Q3 of 2012.
Those increases were thanks in no small part to an eight-percent rise in sales from the same period last year, with 603,000 vehicles sold worldwide. "Chrysler Group's ninth consecutive quarter of positive net income highlights our commitment to producing award-winning vehicles for consumers, such as the Jeep Grand Cherokee and the Ram 1500," said Sergio Marchionne, Chairman and CEO of Chrysler Group.
Despite the increased sales, Chrysler's US market share dropped slightly, from 11.3 percent in Q3 2012 to 11.2. Canadian market share remained level at 14.3 percent. Have a look below for the entire press release from Chrysler.