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Stow&go Nav Sunroof Dual-dvd Xenons Heated Seats Xenons Rearcam Uconnect Pwrdoor on 2040-cars

US $11,980.00
Year:2008 Mileage:95600 Color: Black /
 White
Location:

Houston, Texas, United States

Houston, Texas, United States
Advertising:
For Sale By:Dealer
Engine:V6 4L SOHC
Fuel Type:GAS
Transmission:Automatic
Body Type:Van
Vehicle Title:Clear
Condition:

Used

VIN (Vehicle Identification Number)
: 2A8HR64X68R805613
Year: 2008
Make: Chrysler
Doors: 4
Model: Town & Country
Fuel: Gasoline
Drivetrain: FWD
Mileage: 95,600
Trim: Limited Mini Passenger Van 4-Door
Sub Model: Limited 4.0L
Drive Type: FWD
Exterior Color: Black
Number of Cylinders: 6
Interior Color: White
Warranty: No

2008 Chrysler Town & Country Limited 4.0L 4-Door Van
Exterior Color:     Brilliant Black Crystal Pearl Interior Color:     Cream Stock Number:805613
Mileage:95,600 Engine:V6 4L SOHC Fuel:Gasoline
Transmission:Automatic Warranty:As Is - No Warranty Title:Clear
VIN:2A8HR64X68R805613 AutoCheck:FREE AutoCheck Vehicle Report
2008 Chrysler Town & Country Limited 4.0L - Photo 1 - Houston, TX 77031
2008 CHRYSLER TOWN AND COUNTRY LIMITED!
FREE AutoCheck Report
87 69 - 82
Vehicle Description
Ultimate Motorsport Presents
 
2008 Chrysler Town & Country
Limited 4.0L
 
NAVIGATION ! SUNROOF ! LEATHER !  ALLOYS ! XENONS ! WOOD ! PDC !
PREMIUM SOUND SYSTEM ! 
COLD WEATHER PACKAGE !
7 PASSENGER 3ROW SEATING ! 
REAR CAMERA ! POWER SLIDING DOORS !
DUAL DVD ENTERTAINMENT SYSTEMS
 
 
CLEAN LOADED CHRYSLER TOWN & COUNTRY LIMITED 4.0L  
 

CLEAN AUTOCHECK NO ACCIDENTS
CLICK ON AUTOCHECK LOGO ABOVE FOR FREE FULL REPORT ! 
 
ADD A 3 MONTH 3,000 MILE WARRANTY
FOR ONLY $ 295
ASK US FOR DETAILS ON A 4 YEAR UNLIMITED MILES NATION WIDE WARRANTY !!
 
PEACE OF MIND ! BUY WITH CONFIDENCE !!
 
60+ PICTURES BELOW AFTER DESCRIPTION
 
THIS CAR IS LOADED WITH THESE OPTIONS:
NAVIGATION WITH VOICE COMMAND
SUNROOF WITH POWER SLIDING GLASS
XENON HEADLIGHTS 
TELESCOPING STEERING WHEEL WITH CONTROLS
CRUISE CONTROL
DUAL ZONE AC AND HEAT
ALARM SYSTEM WITH KEYLESS ENTRY
FULL LEATHER AND WOOD  TRIM INTERIOR
HOMELINK
TINTED WINDOWS 
REAR VIEW CAMERA WITH PARK DISTANCE CONTROL
REMOTE START 
POWER SLIDING DOORS
POWER LIFT GATE
POWER HEATED LEATHER SEATS WITH MEMORY AND LUMBAR
PREMIUM SOUND SYSTEM WITH CD CHANGER AM FM SAT RADIO WITH UCONNECT
POWER WINDOWS AND MIRRORS
FOG LIGHTS
TRACTION CONTROL 
PREMIUM CHROME ALLOY 17”  WHEELS
7 PASSENGER 3 ROW SEATING WITH POWER FOLD 
REAR SPOILER 
ROOF RACK
TOW PACKAGE
DUAL DVD ENTERTAINMENT SYSTEM WITH 2ND AND 3RD ROW SCREENS
 
 
MUCH MUCH MORE SEE IT TO BELIEVE IT !!!
 
Beautiful BRILLIANT BLACK CRYSTAL PEARL COAT on
TAN LEATHER WITH FULL WOOD TRIM  Interior!!
 
Low Buy It NOW or Make us an Offer NOW!!

100% Positive Feedback
OWN THIS BEAUTY at a Fraction of the 
Original $ 37,000 Price!!!
COMPARE AT 
KELLY BLUE BOOK $ 16,929
NADA RETAIL $ 14,850
OUR BUY IT NOW $ 11,980
WOW ! WHAT A DEAL  !!!
 
 
WONT LAST LONG AT THIS PRICE !!! CALL US TODAY AT
281-506-8808

If You are Looking for a CHRYSLER TOWN & COUNTRY LIMITED 4.0L with all the options with LOW MILES, You Don't Have to Look any Further!!!
DON'T SLEEP ON THIS ONE!

NOTE: JUST LIKE ANY USED VEHICLE FEW VERY MINOR NICK NACKS DUE TO NORMAL WEAR AND TEAR AND ROAD DEBRIS.
REMEMBER: YOU ARE BUYING A TOP LOADED USED VEHICLE IN CLEAN CONDITION NOT A BRAND NEW ONE!

Bid with Excitement & Confidence!!!
Only at ULTIMATE MOTORSPORT !!
Good Luck & Happy Bidding!!!
FOR ANY QUESTIONS FEEL FREE TO CALL US AT 
281-506-8808 

So, If you are in the market for a LATE MODEL, VERY AFFORDABLE CHRYSLER TOWN & COUNTRY LIMITED 4.0L, then you owe it to yourself to take a closer look

LOW BUY-IT-NOW or MAKE AN OFFER!!! 
 
WE FINANCE ! APPLY ONLINE FOR AUTO LOANS AS LOW AS 2.99% 

FOR ANY QUESTIONS OR CONCERNS FEEL FREE TO CONTACT @ (281) 506-8808 
or email sales
 
DOOR TO DOOR SHIPPING AVAILABLE ASK FOR A QUOTE !
We Export For Canadian Customers
Email:
sales@ultimatems.com
Call
281-506-8808
Visit
10311 Altonbury Lane
Houston TX 77031
 
Additional Photos
2008 Chrysler Town & Country Limited 4.0L - Photo 2 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 3 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 4 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 5 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 6 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 7 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 8 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 9 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 10 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 11 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 12 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 13 - Houston, TX 77031
POWER SUNROOF!
2008 Chrysler Town & Country Limited 4.0L - Photo 14 - Houston, TX 77031
FULL LEATHER AND SUEDE INTERIOR!
2008 Chrysler Town & Country Limited 4.0L - Photo 15 - Houston, TX 77031
POWER-TILT STEERING WITH CONTROLS!
2008 Chrysler Town & Country Limited 4.0L - Photo 16 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 17 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 18 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 19 - Houston, TX 77031
FULL WOOD TRIM INTERIOR!
2008 Chrysler Town & Country Limited 4.0L - Photo 20 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 21 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 22 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 23 - Houston, TX 77031
NAVIGATION KEEPS YOU ON TRACK!
2008 Chrysler Town & Country Limited 4.0L - Photo 24 - Houston, TX 77031
BACK-UP CAMERA!
2008 Chrysler Town & Country Limited 4.0L - Photo 25 - Houston, TX 77031
HEATED SEATS!
2008 Chrysler Town & Country Limited 4.0L - Photo 26 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 27 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 28 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 29 - Houston, TX 77031
POWER HEATED SEATS!
2008 Chrysler Town & Country Limited 4.0L - Photo 30 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 31 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 32 - Houston, TX 77031
SPACIOUS 7 PASSENGER SEATING!
2008 Chrysler Town & Country Limited 4.0L - Photo 33 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 34 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 35 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 36 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 37 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 38 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 39 - Houston, TX 77031
DUAL DVD REAR ENTERTAINMENT SYSTEM!
2008 Chrysler Town & Country Limited 4.0L - Photo 40 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 41 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 42 - Houston, TX 77031
3RD ROW 7 PASSENGER SEATING!
2008 Chrysler Town & Country Limited 4.0L - Photo 43 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 44 - Houston, TX 77031
POWER FOLDING 3RD ROW!
2008 Chrysler Town & Country Limited 4.0L - Photo 45 - Houston, TX 77031
POWER LIFT-GATE!
2008 Chrysler Town & Country Limited 4.0L - Photo 46 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 47 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 48 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 49 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 50 - Houston, TX 77031
2008 Chrysler Town & Country Limited 4.0L - Photo 51 - Houston, TX 77031
ORIGINAL OWNERS MANUAL INCLUDED!
2008 Chrysler Town & Country Limited 4.0L - Photo 52 - Houston, TX 77031
Contact Information
Name: Sales Department Main Phone: (281) 506-8808 Alt. Phone: (281) 657-7293
Vehicle Features & Options
Standard Features
Appearance /
  Exterior:
  • Chrome Mirror Color
    Appearance /
      Interior:
    • Chrome Accents
    • Woodgrain Accents
    Comfort:
    • Air Filtration
    • Carpet Floor Mats
    • Front and Rear Floor Mats
    • Dual Front Air Conditioning Zones
    • Automatic Climate Control Front Air Conditioning
    • Single Rear Air Conditioning Zones
    • Automatic Climate Control Rear Air Conditioning
    • Leather Shift Knob Trim
    • Leather Steering Wheel Trim
    Convenience:
    • Power Adjustable Pedals
    • Front Console With Storage
    • Cruise Control
    • Front, Rear and Third Row Cupholders
    • Illuminated Cupholders
    • Front Door Pockets
    • Includes Adjustable Pedals
    • Includes Audio System
    • Includes Driver Seat
    • Includes Exterior Mirrors
    • Keyless Entry Multi-Function Remote
    • 2 Number of Drivers
    • Rear Overhead Console Overhead Console
    • Overhead Console With Storage
    • 12V Rear Power Outlet(s)
    • 12V and 115V Front Power Outlet(s)
    • Power Steering
    • Cargo Area Rechargeable Flashlight
    • Retained Accessory Power
    • Steering Wheel Mounted Audio Controls
    • Steering Wheel Mounted Cruise Control
    • Tilt-Adjustable Steering Wheel
    • Cargo Net
    • Grocery Bag Holder
    • In-Floor
    • Under Seat
    • Garage Door Opener Universal Remote Transmitter
    Drivetrain /
      Suspension:
    • 4-Wheel ABS
    • Braking Assist
    • Front Wheel Drive
    • Electronic Brakeforce Distribution
    • Lower Control Arms Front Arm
    • 11.1 Front Brake Diameter
    • 1.1 Front Brake Width
    • Ventilated Disc Front Brakes
    • Coil Springs Front Spring
    • Independent Front Suspension
    • Macpherson Struts Front Suspension
    • Modified Macpherson Strut Front Suspension
    • 11.4 Rear Brake Diameter
    • 0.5 Rear Brake Width
    • Disc Rear Brakes
    • Leaf Springs Rear Spring
    • Solid Axle Rear Suspension
    • Stability Control
    • Front Stabilizer Bar
    • Traction Control
    Entertainment /
      Telematics:
    • Mast Antenna
    • 6 CD Changer
    • CD-Controller
    • Compass
    • Electroluminescent Instrumentation
    • External Temperature Display
    • In-Dash Hard Drive
    • Single CD/DVD In-Dash CD
    • CD MP3 Playback MP3 Player
    • Multi-Functional Information Center
    • Infinity Premium Brand Speakers
    • AM/FM Radio
    • In Dash Remote CD Changer Location
    • Sirius Satellite Radio
    • Tachometer
    • 9 Total Number of Speakers
    • Trip Computer
    • Low Fuel Level Warnings and Reminders
    • Tire Pressure Warning Warnings and Reminders
    • 506 Watts
    Exterior:
    • Cargo Area Light
    • Exterior Entry Lights
    • Front Fog Lights
    • Auto Delay Off Headlights
    • Dusk Sensing Headlights
    • Front and Rear Reading Lights
    • Power Liftgate Rear Door
    • Dual Power Sliding Side Door
    Rims / Tires:
    • Underbody Spare Tire Mount Location
    • Temporary Spare Tire Size
    • Steel Spare Wheel
    • Tire Pressure Monitoring System
    • All Season Tire
    • Chrome Alloy Wheel
    Roof / Glass:
    • Intermittent Front Wipers
    • 2 One-Touch Windows
    • Power Windows
    • Rear Defogger
    • Power Rear Quarter Windows
    • Intermittent Rear Wiper
    • With Crossbars Roof Rack
    Safety:
    • Remote 2-Stage Unlocking
    • Alarm With Remote Anti-Theft System
    • Engine Immobilizer Anti-Theft System
    • Child Safety Locks
    • Child Seat Anchors
    • Folding Exterior Mirrors
    • Heated Exterior Mirrors
    • Heated Driver Mirror Exterior Mirrors
    • Integrated Turn Signals Exterior Mirrors
    • Power Exterior Mirrors
    • Dual Front Airbags
    • Auto-Dimming Inside Rearview Mirror
    • Dual Front Knee Airbags
    • Rear Parking Sensors
    • Occupant Sensing Passenger Airbag Deactivation
    • Remote Power Door Locks
    • Rear View Camera
    • Rear View Monitor
    • Front, Rear and Third Row Side Curtain Airbags
    • Dual Illuminating Vanity Mirrors
    Seating:
    • Lumbar Driver Seat Manual Adjustments
    • 8 Driver Seat Power Adjustments
    • Height Adjustable Driver Seat
    • Multi-Level Heating Driver Seat
    • 2 Front Headrests
    • Height Adjustable Front Headrests
    • Bucket Front Seats
    • 8 Passenger Seat Power Adjustments
    • Height Adjustable Passenger Seat
    • Multi-Level Heating Passenger Seat
    • 2 Rear Headrests
    • Height Adjustable Rear Headrests
    • Vents Rear Seat Heat
    • Bucket Rear Seat
    • Heated Second Row Rear Seat
    • One-Piece Folding Rear Seat
    • Front Seatbelt Pretensioners
    • 3 Third Row Headrests
    • Folding Third Row Manual Adjustments
    • 40-60 Split Bench Third Row Seat
    • Leather Upholstery

    Installed Options
    Entertainment /
      Telematics:
    • Uconnect Hands-Free Communication
      Roof / Glass:
      • Power Sunroof
        Seating:
        • Power Folding 3Rd Row Seat
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          eBay Motors
          ultimate_motorsport_inc
          Financing Information
          We Finance ! Rates a slow as 2.99% with Approved credit
          Fill out our credit app today by clicking the link above !
          Shipping Information
          WE SHIP AND EXPORT WORLDWIDE
          GREAT LOW NATIONWIDE US SHIPPING RATES !!
          Canadian Customers Welcome
          Email us your zip code for Special Shipping Rates !
          email sales@ultimatems.com
          If Outside US or Canada email us your Port City and Country
          for a quote !
          Dealership Information
          Ultimate Motorsports
          Main Phone:(281) 506-8808
          Alt. Phone:(281) 657-7293
          Email:sales@ultimatems.com
          Business Hours:
          Weekdays:9:00 AM to 7:00 PM
          Saturday:10 TO 5PM
          Sunday:CLOSED
          Location:
          10311 Altonbury Lane
          Houston, TX 77031
          Map of Ultimate Motorsports at 10311 Altonbury Lane, Houston, TX 77031
          Terms of Sale
          Standard Terms & conditions
           

          PLEASE READ CAREFULLY! BY SUBMITTING A BID, MAKING AN OFFER OR CLICKING THE BUY IT NOW YOU ARE AGREEING TO THE FOLLOWING TERMS AND CONDITIONS.

          Fee and Tax Information: All Texas residents will pay 6.25% state sales tax and $ 133 Title Fee. This only applies to Texas Residents ONLY! Out of State customer only pay :

          All sales are subject to Texas V.I.T. tax based at a rate of .002834% of purchase price and $395.00 Processing fee.

          PAYPAL IS FOR DEPOSITS ONLY. WE DO NOT ACCEPT FULL PAYMENTS THOUGH THE PAYPAL.

          FINANCING IS AVAILABLE WITH APPROVED CREDIT (WAC) ONLY ! ALL BUY IT NOW PRICES LISTED ARE FOR CASH BUYERS OR IF CUSTOMERS ARRANGE THEIR OWN FINANCING !!!

          IF YOU CHOOSE TO CLICK THE BUY IT NOW OPTION YOU ARE REQUIRED TO PICK UP THE VEHICLE LOCALLY AND ADDRESS ANY ISSUES BEFORE THE VEHICLE LEAVES THE LOT.

          Please contact SALES@ultimatems.com or 281-657-7293
          Winning bidder must contact us within 24 hours of auction end, and make arrangements for payment at that time. A $500.00 NON REFUNDABLE deposit is due within 24 hours of end of auction. The remainder is due within 7 days of Auction end. If no contact is made within 24 hours we reserve the right to re-list the vehicle, sell it to the next high bidder, or sell it otherwise.  Most banks and credit unions do not finance vehicles older than 2002 or with more than 100K miles. Make sure if financing, your financial institution accepts the year and miles of this vehicle before bidding. Please arrange financing prior to bidding.
          Buyer is responsible for pickup or shipping of this vehicle. If you wish to have it shipped using a service, we will gladly cooperate, you can locate shippers by doing a search for `auto shippers`.
          If you are not sure about something, Please ASK. Do not assume anything not listed is included. We reserve the right to cancel bids for excessive negative feedback. We reserve the right to end the listing if the vehicle is no longer available for sale.
          Please do not bid on this auction unless you are serious about owning this vehicle.  All non-paying high bidders will be reported to Ebay, and negative feedback posted.
          PLEASE ONLY BID WHAT YOU ARE WILLING TO PAY.  IF THE RESERVE IS NOT MET, WE MAY CONTACT THE HIGH BIDDER TO OFFER THE SECOND CHANCE OPTION.
          By placing a bid on this vehicle you are entering into a legal and binding contract to purchase the above-described vehicle. We reserve the right to cancel all existing bids and end the auction early should the item no longer be available for sale.
          By bidding and buying this auction, you enter a contract that you have read and understood all the terms and conditions of this auction. 
          We reserve the rights to sell the car outside the ebay auctions. We reserve the right to end the auction anytime. We reserve the right to cancel any bid from any bidder. 
          This vehicle is being sold as is, where it is with no warranty, expressed written or implied. In either case, The seller shall not be responsible for the correct description, authenticity, genuineness, or defects herein, and makes no warranty in connection therewith. No allowance or set aside will be made on account of any incorrectness, imperfection, defect or damage. Any descriptions or representations are for identification purposes only and are not to be construed as a warranty of any type. It is the responsibility of the buyer to have thoroughly inspected the vehicle, and to have satisfied himself or herself as to the condition and value and to bid based upon that judgment solely. The seller shall and will make reasonable effort to disclose any known defects associated with this vehicle at the buyer's request prior to the close of sale. Seller assumes no responsibility for any repairs regardless of any oral statements about the vehicle.
          Please understand that the vehicles are Pre-Owned vehicles and at times, the vehicles may come without accessories such as extra keys, cd magazines, navigation discs, floormats, tools, and owner's manuals. Please call for the exact accessories included for the vehicle. 
          Buyer's are responsible for shipping costs.
          All bidders should have all questions answered and loans pre-approved before bidding. Please note that Non paying buyers would be handled by our attorney. Remember buying a car on eBay is legal binding contract.

          All vehicles are sold "AS IS". This is in full accordance with the laws of the State of TEXAS regarding motor vehicle sales. You the buyer/bidder must have a complete understanding that this vehicle is used and we do not know the complete history of this vehicle. We are presenting this vehicle to the best of our knowledge. The accuracy of our description is based on any and all information that we were able to obtain concerning this vehicle either by records, previous owners statements, or other statements if any made by the persons who sold or traded in this vehicle. We ULTIMATE MOTORSPORT Inc or any of its employees or agents will not be held responsible. All buyers are responsible for having an independent inspection completed on their vehicle of inetrest prior to sale or close of auction. You are welcome to fly in or schedule a inspection with several companies in Houston area to have a car professionally inspected.

          WE ARE NOT RESPONSIBLE FOR ANY REPAIRS OR INSPECTIONS PRIOR OR AFTER THE SALE OF AN AUTOMOBILE. ALL VEHICLES SOLD AS IS WHERE IS !!

          WE WELCOME INSPECTIONS BUT PLEASE DO INSPECTIONS BEFORE THE SALE IS CONFIRMED ! 

          This Agreement will be governed the laws of the State of Texas (without regard to principals of conflict of laws). Any claims arising out of or related to this Agreement or the Goods shall be brought exclusively in Harris County, Texas. Bidder submits to the jurisdiction of all such courts. BIDDER AND SELLER HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY IN ANY ACTION TO ENFORCE, DEFEND, CONSTRUE OR OTHERWISE CONCERNING THIS AGREEMENT OR THE GOODS. If it is necessary for bidder to commence litigation to enforce any portion of this Agreement, Seller will be entitled to recover from Bidder its reasonable attorneys’ fees and costs, including the reasonable fees of in-house counsel.

          Auction Views:  

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          Auto blog

          Detroit 3 and UAW could create healthcare pool

          Thu, Sep 3 2015

          Healthcare costs continue to multiply in the US with no clear end in sight, but the United Auto Workers and the Big Three are negotiating a way to rapid growth under control. As part of the latest contract talks, the union has an idea to create a healthcare pool across all of its members at Ford, General Motors, and FCA US. If accepted, the company-wide integration would spread out the expenses and create a massive member base for bargaining with insurance companies. Both Ford and GM are at least considering the proposal, according to The Detroit News, and FCA US might be on board, as well. The idea is the work of current UAW president Dennis Williams and is based on the similar pool for the Voluntary Employee Beneficiary Association for retirees. "I've walked through this several ways; I just don't have any other answer," Williams said to The Detroit News. "I do believe this will work. It's worked with the VEBA." Williams was elected UAW president last year and won by an overwhelming margin. He vowed no more concessions to automakers. In addition to healthcare, the two-tier wage system is another major talking point in the contract negotiation because it gives fewer benefits to entry-level workers. Higher wages are also a request. Healthcare costs are a massive expense for automakers and are expected to reach over $2 billion this year, according to The Detroit News. The payments are up nearly 50 percent or more in just the last four years.

          Fiat Chrysler open to mergers, and PSA is looking for one

          Fri, Mar 8 2019

          GENEVA — Fiat Chrysler (FCA) is open to pursuing alliances and merger opportunities if they make sense, but a sale of its luxury brand Maserati is not an option, Chief Executive Mike Manley said on Tuesday. "We have a strong independent future, but if there is a partnership, a relationship or a merger which strengthens that future, I will look at that," Manley told reporters at the Geneva Motor Show. Asked whether he would consider selling Maserati to China's Geely Automobile Holdings, as suggested by recent media reports, Manley said: "Maserati is one of our really beautiful brands and it has an incredibly bright future. ... No." FCA is often cited as a possible merger candidate. Bloomberg said this week that the Italian-American carmaker was attractive to France's PSA Group given its exposure to the U.S. market and its popular Jeep brand. The Detroit News' headline on the situation Friday read, "Fiat Chrysler CEO open to a deal as PSA circles" and stated that Manley's open-to-just-about-anything comments were aimed directly at PSA. Bloomberg said talks between the two were preliminary and said PSA chief Carlos Tavares has also contemplated mergers with General Motors or Jaguar Land Rover, which is losing money for Indian owner Tata. PSA has enjoyed a decade of turnaround and has $10.2 billion in net cash available. The maker of Peugeot, Citroen and DS, acquired Opel and Vauxhall in 2017 and made them almost instantly profitable. Manley, who took over after the death of Sergio Marchionne, said he currently had no news on possible deals. Manley also said the world's seventh-largest carmaker, which is lagging rivals in developing hybrid and electric vehicles, would take the least costly approach to comply with increasingly more stringent European emissions regulations. "There are three options. You can sell enough electrified vehicles to balance your fleet. Two: You can be part of a pooling scheme. Three is to pay the fines," he said. "I don't see a scenario when (carmakers) continue to subsidize technologies ... indefinitely." The carmaker had said last June it would invest 9 billion euros ($10.19 billion) over the next five years to introduce hybrid and electric cars across all regions to be fully compliant with emissions regulations. Asked about a 5-billion-euro investment plan for Italy FCA announced in November but then put under review, Manley said the plan had been confirmed as originally presented.

          Fiat To Pay $3.65 Billion For Remaining Chrysler Shares

          Thu, Jan 2 2014

          Italian automaker Fiat SpA announced Wednesday that it reached an agreement to acquire the remaining shares of Chrysler for $3.65 billion in payments to a union-controlled trust fund. Fiat already owns 58.5 percent of Chrysler's shares, with the remaining 41.5 percent held by a United Auto Workers union trust fund that pays health care bills for retirees. Under the deal, Fiat will make an initial payment of $1.9 billion to the fund, plus an additional $1.75 billion upon closing the deal. Chrysler will also make additional payments totaling $700 million to the fund as part of an agreement with the UAW. The deal is expected to close on or before Jan. 20, according to a statement from Chrysler. Sergio Marchionne, CEO of both Fiat and Chrysler, has long sought to acquire the union's shares in order to combine the two companies. "The unified ownership structure will now allow us to fully execute our vision of creating a global automaker that is truly unique in terms of mix of experience, perspective and know-how, a solid and open organization," Marchionne said in a statement issued by Turin, Italy-based Fiat. The deal eliminates the need for an initial public offering of the union fund's stake, which analysts had previously valued at $5.6 billion. Fiat went to court last year seeking a judgment on the price, but the trial date was set for next September. Marchionne can't spend Chrysler's cash on Fiat's operations unless the companies merge. In recent months he made it clear that he preferred to settle the dispute without an IPO, but filed the paperwork for the offering in September at the trust's request. Chrysler's profits have helped prop up Fiat on the balance sheet as the Italian automaker struggles in a down European market. The Auburn Hills, Mich., automaker earned $464 million in the third quarter on U.S. sales of the Ram pickup and Jeep Grand Cherokee, its ninth-straight profitable quarter. The results boosted Fiat, which earned $260 million in the quarter. Without Chrysler's contribution, Fiat would have lost $340 million. UAW/Unions Chrysler Fiat