2012 Fiat 500 Pop Hatchback With 32k Miles No Reserve The Car Must Go!! on 2040-cars
Garfield, New Jersey, United States
Body Type:Hatchback
Vehicle Title:Salvage
Engine:1.4L 1368CC 83Cu. In. l4 GAS SOHC Naturally Aspirated
Fuel Type:Gasoline
For Sale By:Dealer
Model: 500
Year: 2012
Warranty: Unspecified
Trim: Pop Hatchback 2-Door
Options: CD Player
Drive Type: FWD
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Mileage: 32,697
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Exterior Color: Yellow
Interior Color: Black
Number of Cylinders: 4
UP FOR SALE 2012 FIAT 500 POP EDITION WITH 32K MILES AND 1.4L V4 ENGINE THE CAR IS LOADED WITH : COLD A/C SATILITE RADIO , POWER LOCKS ,POWER WINDOWS ,15 INCH. ALLOY AM/FM/CD AUDIO SYSTEM,AUTOMTAIC TRANSMISSION,CLOTH SEATS CRUISE CONTROL POWER EXTERIOR MIRRORS AND AND MANY MANY MORE OPTIONS. THIS CAR IS IN EXTREMLY EXCELENT CONDITION RUNS AND DRIVES PERFECT. MECHANICALLY THIS CAR IS IN EXCELLENT CONDITION.THE ENGINE RUNS PERFECT AND AUTOMATIC TRANSMISION SHIFTS SMOOTHLY. ALL ELECTRICAL EQUIPMENT IN THE CAR WORKS 100% !!! DONT MISS THE DEAL !!!!! THE WATER BARLEY REACHED THE TIRES. EVRYTHING WORKS PERFECTLY FINE ON THIS VEHICLE.... THE CAR DOES NOT SMELL LIKE THERE WAS ANY WATER IN IT. THE CAR RUNS AND DRIVES LIKE BRAND NEW VEHICLE. THIS IS A NO RESERVE AUCTION AND THIS CAR MUST BE SOLD TO THE HIGHEST BIDDER !!! THE CAR IS SOLDE WITH RECONSTRUCTED TITLE THE CAR IS READY TO BE REGISTER IN ANY STATE !!! WE ARE LICENSED NJ STATE DEALER.MUST BE SOLD AS IS WHERE IS !!! FULL PAYMENT MUST BE RECEIVED IN 3 DAYS !!! WE ACCEPT CERTIFIED BANK CHECK, BANK TO BANK WIRE TRANSFER OR CASH IN PERSON ONLY.NO PAY PAL. PLEASE DON'T MISS THIS AMAZING DEAL !!!! AND COTACT US FOR MORE DEATAILS !! 201 414 0641 MIKE OR JOHN 9735191582
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Auto Services in New Jersey
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Auto blog
Fiat buying rest of Chrysler in $4.35 billion deal, IPO avoided
Wed, 01 Jan 2014Chrysler will now become a wholly owned member of the Fiat family, as it's been announced that the 41.46-percent stake in the Auburn Hills, MI-based manufacturer owned by the United Auto Workers' VEBA trust fund will be sold to the Italian company. Concluding the agreement will mark the closure of a piecemeal purchase process that could have resulted in an initial public offering.
The total cost of the sale will see the VEBA healthcare trust receive $4.35 billion, $3.65 billion of which will come from Fiat. $1.75 billion of that will be cash, while an additional $1.9 billion will be part of a "special distribution." An additional $700 million will be paid over four separate installments according to reports from Automotive News Europe and USA Today, although the shares will belong to Fiat following the first payment. The deal was reportedly initially struck on Sunday (though it is just being announced today), and is being portrayed as particularly good news for Fiat and Chrysler, which have now prevented the remaining shares going to the stock market in a UAW-forced IPO.
"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 that will ensure all employees a challenging and rewarding environment," Fiat CEO Sergio Marchionne said in a statement.
Fiat-Chrysler alliance in jeopardy due to Pentastar's IPO filing?
Thu, 26 Sep 2013The four-year relationship between Fiat and Chrysler has thus far been beneficial for both automakers, but it has also proven to be a complicated battle between Sergio Marchionne and the United Auto Workers - the latter controlling the remaining 41.5 percent of Chrysler. With the recent filing for a US IPO, it looks like Marchionne and the UAW appear to be playing a billion-dollar game of chicken, with both sides far apart on how much the union's shares are worth. If it comes down to Chrysler's remaining stake being publicly traded, it could act to drive a wedge between the two companies.
According to Bloomberg, Fiat's chairman John Elkann says "if the IPO will take place, there will be two companies, and that's different than having a single one." Now, we're not great at math, but this sounds like the complete opposite of the full merger that Marchionne has been pushing for since taking the helm at Chrysler. Bloomberg notes that the UAW's shares should be worth around $5.6 billion, but Fiat could end up paying as little as $4.9 billion for Fiat to gain full control of Chrysler. A story by The Detroit News points out that Marchionne's "alleged low-balling" is just the latest hurdle the Auburn Hills-based automaker must overcome as its ownership is being fought over for the fourth time in 15 years.
Marchionne's pay as Fiat CEO falls to $5M
Wed, 12 Mar 2014Sergio Marchionne will be buying fewer of his iconic sweaters, as his 2013 pay from Fiat took a dip from $6.24 million to an even $5 million. Marchionne, who was also CEO of Chrysler, made $307,989 thanks to some stocks and benefits from the American company, although he didn't take a salary. Of that $5 million paid by Fiat, $3.19 million came from Marchionne's fixed salary while the remaining $1.8 million was paid for hitting unspecified performance targets.
The news comes from Fiat's compensation reports, which also showed that the 61-year-old, who already owned three million shares in Fiat at the end of 2013, was able to receive an additional 2.3 million shares through a stock incentive program. According to Automotive News Europe, the additional shares would be worth about $25 million at today's prices, although so far, Marchionne has declined to claim the extra shares.
According to ANE, Fiat reported a 2013 trading profit of $4.7 billion.