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

2003 Chrysler Sebring Gtc Convertible Leather 107k Clean Autocheck - No Reserve! on 2040-cars

Year:2003 Mileage:107186 Color: White /
 Tan
Location:

Clearwater, Florida, United States

Clearwater, Florida, United States
Advertising:
Transmission:Automatic
Engine:2.7L 2700CC 167Cu. In. V6 FLEX DOHC Naturally Aspirated
Vehicle Title:Clear
For Sale By:Dealer
Condition:
Used: A vehicle is considered used if it has been registered and issued a title. Used vehicles have had at least one previous owner. The condition of the exterior, interior and engine can vary depending on the vehicle's history. See the seller's listing for full details and description of any imperfections. ...
VIN (Vehicle Identification Number)
: 1C3EL75TX3N581155
Year: 2003
Exterior Color: White
Make: Chrysler
Interior Color: Tan
Model: Sebring
Trim: GTC Convertible 2-Door
Warranty: Vehicle does NOT have an existing warranty
Drive Type: FWD
Options: Convertible
Mileage: 107,186
Power Options: Power Locks
Sub Model: GTC Conv.

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Tue, Jun 9 2015

Sergio Marchionne may have been rebuffed in his previous advances at General Motors, but he's not about to give up that easily. According to The Wall Street Journal, the Fiat Chrysler chief is now turning to activist investors to help coax GM into joining forces. Marchionne has been a staunch and ceaseless advocate of the need for consolidation, arguing that the industry needs to amalgamate into larger groups that will share resources and reduce overhead. Under his leadership, the Fiat group consolidated its own operations, and officially merged with Chrysler last year. But he's also been pursuing additional mergers with the likes of Volkswagen, Peugeot, Ford, and Opel (to name just a few). Now he's pursuing a merger with GM, which has not shown much enthusiasm towards the idea. For one thing, GM is a much larger company, and probably doesn't need FCA as much as FCA needs it. For another, it has a troubled past with Marchionne, who in 2005 dissolved an agreed merger (of sorts) with GM, yet still managed to get the General to pay Fiat some $2 billion in the process. However, Marchionne is evidently hoping that the intervention of activist investors could compel GM CEO Mary Barra and company to proceed with a merger anyway. For precedent, he's looking at the recent negotiation between GM and some of its stakeholders that prompted the company to buy back $5 billion of its own shares, demonstrating Barra's willingness to deal with investors. The more compelling precedent, however, may have been set in 2006, when activist investor Kirk Kerkorian locked arms with Carlos Ghosn to get GM to consider joining the alliance between Renault and Nissan. GM ultimately declined, and Ghosn turned instead of Daimler (which of course has its own history of having merged with Chrysler). Only time will tell if this initiative will prove more successful, but one thing's for sure, and that's that Marchionne isn't about to relent in his pursuit of a major merger partner.