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This government surveillance van is both cool and creepy, and it could be yours

Whether you're planning a heist and need to gather information, or you're a government agency tracking down the leader of a crime ring, Hollywood has taught us that the unmarked van is the ideal machine for gathering intel. And apparently that's not just a Hollywood trope, because you can buy this actual, honest-to-goodness ex-government surveillance van: a 1998 Plymouth Grand Voyager. It's being sold by the Chicago suburb of Streamwood, Ill., on the government surplus auction site GovDeals. According to the description, the van was acquired by the town as part of a drug seizure and converted to surveillance duty. It looks like a plain white Grand Voyager for the most part, except for the amber flashing light on the roof. Or at least it looks like a light. It's actually the disguise for the camera periscope. Open up the sliding door of the van and you'll discover a swivel mount for the camera, a TV mounted to the back of the driver's seat, and a toolbox that holds all the electronic equipment, including battery chargers for the van and the camera. There are also solid panels behind the windows so that people walking by can't peer in and see all the equipment. It's a bit less wild than some of the vans we've seen on film, but those Hollywood vans are usually larger commercial vans that can store more people and stuff. Less interesting details include the fact that this Grand Voyager has a 3.3-liter V6 with an automatic transmission. It has just over 100,000 miles and was good for a little more than 150 horsepower and 200 pound-feet of torque when it was new. The interior looks impressively clean, as does most of the exterior, but the description and photos highlight the fact that the front strut towers are rusty and in need of repair. Included are new strut towers, but obviously the welding in and painting is the expensive part. Also, while we think this van is pretty neat, since it's an actual surveillance van like we've seen on film for years, we would feel creepy actually owning it. After all, it's a vehicle for watching people, and while a government might have a legitimate reason for doing that, your average person doesn't. Unless you need a prop for a film, are going to show it off at car shows, or are another city government needing a cheap surveillance car, we think having this would be a little too weird. But if you have one of those reasons, or are less worried about what people think, you have a few more days to bid.

As it did with Ferrari, Fiat Chrysler spinning off Magneti Marelli

MILAN — Fiat Chrysler said on Thursday its board had tasked management to proceed with spinning off Magneti Marelli and distributing shares in a new holding for the 99-year old parts business to FCA investors. The spinoff is part of a plan by FCA Chief Executive Sergio Marchionne to "purify" the Italian-American carmaker's portfolio and to unlock value at Magneti Marelli, which sits within FCA's components unit alongside robotics specialist Comau and castings firm Teksid, and which analysts say could be worth between 3.6 and 5 billion euros ($4.4-6.1 billion). "The separation will deliver value to FCA shareholders, while providing the operational flexibility necessary for Magneti Marelli's strategic growth in the coming years," Marchionne said in a statement. Magneti Marelli, which employs around 43,000 people and operates in 19 countries, is a diversified components supplier specialized in lighting, powertrain and electronics, and its spinoff is part of a five-year business plan FCA is due to present on June 1. "The spinoff will also allow FCA to further focus on its core portfolio while at the same time improving its capital position," Marchionne added. Marchionne has a long history of such moves. The 65-year-old was behind the spinoff and listing of trucks and tractor maker CNH Industrial and supercar brand Ferrari. The Magneti Marelli separation is expected to be completed by the end of this year or early 2019, with shares in the company expected to be listed on the Milan stock exchange. FCA's advisers initially looked at a possible initial public offering for the business to raise cash to cut FCA's debt, but the Agnelli family - FCA's main shareholder - were put off by low industry valuations and did not want their stake in Magneti Marelli to be diluted, three sources close to the matter told Reuters last month. Magneti Marelli has often been touted as a takeover target and FCA has fielded interest from various rivals and private equity firms over the years. South Korea's Samsung Electronics made a bid approach in 2016 but negotiations fell through as it was only interested in parts of the business, other sources have said. The spinoff is subject to regulatory approvals, tax and legal considerations and a final approval by the FCA board. The carmaker may modify or call off the transaction at any time and for any reason, it added.

Lee Iacocca's very first Dodge Viper RT/10 nets $285,500 at auction

The first 1992 Dodge Viper RT/10 to roll down the assembly line, which was snapped up by Chrysler chief Lee Iacocca, yesterday hammered at the Bonhams auction in Arizona for $285,500, more than double the pre-sale estimate. According to a history of the car published by the auction house, Iacocca, in his introduction of the Viper to the press, pointed to the car on stage and said, "This one right here is mine." That historic Viper, with serial number 001, has never been available on the open market, as Iacocca kept the car from new until he passed away last year. The car has been driven just 6,200 miles and was being sold by his estate. Other Lee Iacocca cars offered at the same sale fared less well. A 1986 Chrysler LeBaron Town & Country convertible — the ultimate expression of Iacocca's company-saving K-cars — with 20,500 miles on it sold for $19,040. That's less than the $20,000 to $25,000 the auction house had estimated the car would bring. A third car from the former auto executive's estate was a customized 2009 Ford Mustang. The pony car was one of a limited run of 45 Iacocca-branded custom Mustangs, which were reworked by Metalcrafters and sold by Galpin Ford in Los Angeles. The Iacocca Mustang, never titled and with 220 miles on it, hammered for $49,280. Related Video:     Featured Gallery Lee Iacocca's 1992 Dodge Viper RT/10 View 13 Photos Celebrities Chrysler Dodge Auctions Automotive History