Find or Sell Used Cars, Trucks, and SUVs in USA

2002 Black Limited! on 2040-cars

US $5,399.00
Year:2002 Mileage:60884 Color: Black
Location:

Paterson, New Jersey, United States

Paterson, New Jersey, United States
Advertising:

Auto Services in New Jersey

Xclusive Auto Leasing ★★★★★

New Car Dealers, Used Car Dealers, Wholesale Used Car Dealers
Address: 2445 Hylan Blvd, Avenel
Phone: (718) 517-2277

Willie`s Auto Body Works ★★★★★

Automobile Body Repairing & Painting
Address: 127 Old Belmont Ave, Deptford
Phone: (610) 664-5886

United Motor Service ★★★★★

Auto Repair & Service, Automobile Inspection Stations & Services, Emissions Inspection Stations
Address: 3802 22 St, Union-City
Phone: (718) 472-4262

Ultrarev Inc ★★★★★

Automobile Parts & Supplies
Address: 750 Central Ave, Howell
Phone: (732) 938-3999

Turnersville Transmission Center ★★★★★

Auto Repair & Service, Automobile Parts & Supplies, Auto Transmission
Address: 4791 Route 42, Blackwood
Phone: (856) 728-5111

Troppoli Automotive Used Cars ★★★★★

Auto Repair & Service, Used Car Dealers
Address: 1300 State Route 33, Point-Pleasant-Beach
Phone: (732) 774-3344

Auto blog

Fiat Chrysler shares get a boost after revised Stellantis merger deal with PSA

Tue, Sep 15 2020

MILAN — Shares in Fiat Chrysler (FCA) rose sharply in Milan on Tuesday after the car maker and French partner PSA revised the terms of their merger deal, with FCA's shareholders getting a smaller cash payout but a stake in another business. FCA and PSA, which last year agreed to merge to give birth to Stellantis, the world's fourth largest car manufacturer, said late on Monday they had amended the accord to conserve cash and better face the COVID-19 challenge to the auto sector. Milan-listed shares in Fiat Chrysler rose almost 8% by 1000 GMT, while PSA gained 1.5%. Under the revised terms, FCA will cut from 5.5 billion euros ($6.5 billion) to 2.9 billion euros the cash portion of a special dividend its shareholders are set to receive on conclusion of the merger. However, PSA will for its part delay the planned spinoff of its 46% stake in car parts maker Faurecia until after the deal is finalized. That means all Stellantis shareholders — and not just the current PSA investors - will get shares in a company which has a market value of 5.8 billion euros. Based on Stellantis' 50-50 ownership structure, FCA and PSA respective shareholders will each receive a 23% stake in Faurecia. Analysts welcomed the 2.6 billion euros in additional liquidity for Stellantis' balance sheet as well as the increase in projected synergies to more than 5 billion euros from 3.7 billion. There was also further reassurance as the two companies confirmed they expected the deal to close by the end of the first quarter of 2021. "All told, the two players emerge as winners," broker ODDO BHF said in a note. "Of the two, FCA might be a bit more of a winner in the short term given the structure of the deal and the numerous payouts to shareholders to come in the quarters ahead (potentially close to 5 billion euros versus the current capitalization of around 16 billion euros)." The special dividend for FCA shareholders had proved contentious after Italy offered state guarantees for a 6.3 billion euro loan to the company's Italian business. "These announcements should, at last, end the debate over the financial terms of the merger, which had become a big topic and was still penalizing the two groups' share performances," ODDO BHF said. PSA and FCA said they would consider paying out 500 million euros to shareholders in each firm before closing or else a 1 billion euro payout to Stellantis shareholders afterwards, depending on market conditions and company performance and outlook.

Chrysler nets $1.6B income in Q4, Fiat profit up 5%

Wed, 29 Jan 2014

Chrysler announced its 2013 financial results today and unveiled its new name and decidedly bank-like logo. Amid the announcement, Chrysler posted big gains in income, while Fiat didn't perform to analysts' expectations.
For 2013, Chrysler had revenue of $72.1 billion, up 10 percent from 2012. Net income reached $2.8 billion, a 65-percent increase. It was the company's third straight year of annual profits.
In terms of unit sales, Chrysler sold 2.4 million cars worldwide in 2013, up 9 percent. According to Automotive News, 1.8 million of those vehicles were sold in the US, a 14-percent increase. The sales growth boosted Chrysler's US market share to 11.4 percent, up 0.2 percent.

Fiat seeking autonomous partnerships with Uber and Amazon

Fri, Jun 10 2016

If Fiat Chrysler Automobiles CEO Sergio Marchionne can't find another automaker to partner with, he'll have to look elsewhere. Like, outside the traditional automotive industry entirely, if recent reports are to be believed. According to Bloomberg and Business Insider, Fiat is pursuing relationships with Uber and Amazon for self-driving vehicles. This news comes shortly after FCA announced an official tie-up with Google to turn 100 Chrysler Pacifica minivans into autonomobiles. Uber might want to venture into self-driven vehicles for its ride-hailing service, cutting out the expense of human drivers. For its part, Amazon could use autonomous vehicles for deliveries from its online shopping destinations. FCA's interest in these endeavors seems to revolve around their vehicles being used as platforms for software and bespoke hardware setups created by the tech companies. There's no indication of what vehicles FCA would provide to either Uber or Amazon, but something minivan shaped could capably serve both the ride-sharing and package delivery service industries. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. News Source: Bloomberg, Business InsiderImage Credit: Jeff Kowalsky/Bloomberg via Getty Green Chrysler Fiat Transportation Alternatives Technology Emerging Technologies Autonomous Vehicles Uber Sergio Marchionne FCA Amazon