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This is an authentic Chrysler Town and Country Convertible that still supports the original inline 8 cylinder engine and wood. It is very complete, but not operable at this time. It is a project car that needs total restoration as the wood on the passenger side is almost completely deteriorated and the floorboards are rusty. The engine spins freely but hasn't been started in years. This car is actually an early or "first series" 1949 of which only about 300 were made. It looks just like the 1948 T&C and shares the same parts. Later in 1949, Chrysler changed the outside appearance of the T&C showing less wood on the body. It was called the "second series" 1949.

The top mechanism on this car is complete and not rusted out. Even some of the canvas is still present. I purchased this vehicle with the intent to restore it to original condition because most of the hard to get T&C parts were still on the car. I also purchased a 1948 Chrysler New Yorker sedan from Montana as a donor car for this one as it was almost rust free and running. Most of the sheet metal, interior, floors, dash etc. and complete drive train from the New Yorker will be a correct fit onto the T&C. They share the same platform. I have researched and found that wood kits are available for the T&C at around 25k. The 2014 collector car guide shows this car (same category as a 1948) being valued at $225k in a #1 condition. This is a solid investment for someone who has a working knowledge of automotive restoration.

This auction is for the T&C Convertible only. The New Yorker sedan is NOT included. You will be bidding on one car, the T&C Convertible. The New Yorker will be available as an option to purchase only to the winning bidder if they are interested, as it has almost all of the parts to restore the T&C. However, the winning bidder on the T&C is under no obligation in any way to purchase the New Yorker sedan. It is an option only, and that the purchase price of the New Yorker sedan (which will be reasonable) is agreed to by both parties. If the winning bidder chooses not to purchase the New Yorker sedan, it will be available in a later auction. Therefore, I will not post photos or a detailed description of it in this listing.

The winning bidder is responsible for transportation of the vehicle. It rolls and steers freely, the tires hold air and it is in dry inside storage. I can assist in loading the vehicle onto a trailer if needed. It is located at zip code 97045, Oregon City, Oregon. I urge perspective buyers to view this car in person if possible. I can show it almost any day of the week.

Down payment of $2000 is due at the close of auction via PayPal. Balance is due within 7 working days of close of auction. I can store the car for a reasonable time inside.

I have a 100% positive feedback, and strive to keep it that way. I have included the maximum amount of photos to show the condition of the car. Thanks for looking.

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Ferrari raises $893M, valued at $12B

Wed, Oct 21 2015

Ferrari's stock is moving as quickly on the New York Stock Exchange as the brand's iconic sports cars do on the road. The company's incredibly popular initial public offering has already raised $893.1 million by virtue of 17.18 million shares sold for $52 apiece. If the deal's underwriters buy in as well, the figure would grow to $982.4 million. Plus, even after shouldering some of FCA's debt, the automaker carries an enterprise value of $12 billion, Bloomberg reports. Just as the company starts trading on the New York Stock Exchange, the share price is already racing upward, too. As of this writing, Ferrari stock, which is listed under the symbol RACE, is priced at $57.59. At its high so far today, the value reached as high as $60.95. While Ferrari is looking strong, the big winner in this success looks to be FCA because the company should raise $4 billion in the spin-off, according to Bloomberg. With nine percent of the sports car maker on the NYSE and one percent for the underwriters, another 80 percent will be distributed to FCA investors in 2016. When that's through, Exor, the holding company for the Agnelli/Elkann family, should have the largest stake at about 30 percent. Piero Ferrari holds the remaining 10 percent and has no intention to sell it. Related Video: FCA Announces Pricing of Initial Public Offering of Ferrari N.V. Common Shares Fiat Chrysler Automobiles N.V. (NYSE: FCAU/MI: FCA) ("FCA") and its subsidiary Ferrari N.V. ("Ferrari") announce today the pricing of Ferrari's initial public offering of 17,175,000 common shares at an offering price of $52 per share for a total offering size of $893.1 million ($982.4 million if the underwriters exercise the option described below in full). The shares are expected to begin trading on the New York Stock Exchange on Wednesday, October 21, 2015, under the symbol "RACE", and closing of the offering is expected to occur on October 26, 2015. In addition, the underwriters have a 30-day option to purchase an aggregate of up to 1,717,150 common shares of Ferrari from FCA. The offering is intended to be part of a series of transactions to separate Ferrari from FCA. Following completion of this offering, FCA expects to distribute its remaining ownership interest in Ferrari to FCA shareholders at the beginning of 2016. UBS Investment Bank is acting as Global Coordinator for the offering.

Trump Administration will look 'very carefully' at FCA/Peugeot deal

Sat, Nov 2 2019

WASHINGTON — U.S. President Donald Trump's administration will look very closely at the planned merger between Fiat Chrysler and Peugeot owner PSA, White House economic adviser Larry Kudlow said on Friday. The deal, announced on Thursday, would create the world's fourth-largest automaker. "We will obviously look at it very, very carefully," Kudlow said on Bloomberg. "The president has not commented on the deal ... We're not afraid of doing business with international companies, Lord knows." When asked about the 12.2% equity stake and 19.5% voting stake China's Dongfeng Motors holds in PSA, Kudlow said: "With respect to the Chinese story, we obviously are alert and on guard." The deal, which would be structured as a 50-50 merger, would create the fourth-largest global automaker with annual sales of nearly 9 million vehicles. Fiat Chrysler told employees the deal could generate synergies of 3.7 billion euros but added "these synergies are NOT based on closing plants." Fiat Chrysler declined to comment. There has been speculation Dongfeng might sell its holdings, which could help ease the deal's passage through U.S. regulators, given U.S.-Chinese trade tensions. "We will welcome a good deal. We hope it will get more production in the United States, more factories and workers and employment in the U.S. And with respect to the Chinese angle, we will take a careful look at it," Kudlow said. Fiat Chrysler said on Thursday that "teams at both companies are working to finalize discussions and reach a Memorandum of Understanding in the coming weeks."

MotorWeek reviews '83 American Motors lineup

Wed, Mar 18 2015

The 30th anniversary of American Motors' 1987 sale to Chrysler by Renault is just a few years away. AMC is long dead, but for its latest peek in the archives, MotorWeek winds back the clock to somewhat happier times. Take a look at the entire AMC lineup from 1983, including its models from Jeep and Renault. The Jeeps, and to a lesser extent, the AMC Eagle, enjoy a cult following today, but it's amazing how many of these other vehicles are now practically forgotten. Even the big debut in '83 of the Renault Alliance is largely ignored. Although with a ludicrous amount of body roll and a 55-horsepower 1.4-liter engine, it's probably rightly buried. Related Video: News Source: MotorWeek via YouTube Design/Style Chrysler Jeep Renault Classics Videos amc

Convertible Project on 2040-cars

Chrysler Town & Country for Sale