1995 Chrysler Concorde-every Option Except Sunroof on 2040-cars
Salem, Virginia, United States
Up for auction 1995 Chrysler Concorde. Family friend purchased new from dealer in October 1994. Friend gave us the car in May 2001 due to the transmission went out. My family repaired the transmission and I drove it until June 2008 when I gave it to my brother. He drove the car until October 2013 when he gave it back to me. We both used the car to commute to work. I have two cars now and no longer need this one. Here is the good: Averaged 23 mpg during commuting. Radiator, A/C compressor have been replaced within the last 3 years All power windows, mirrors and door locks work. No tears in the leather seats Have both keyless entry remotes Has the Infinity sound package No major dents in the body, paint in very good shape Premium wheels Here is the NOT so good: Engine has been overheating. Not sure what the cause is. Therefore the car would need to be towed to avoid any issues. A/C will need to be recharged Radio doesn't work Driver power seat isn't working. Passenger side works fine Hood has small dents in front edge due to family friend wasn't paying attention while stopped at a light and rolled under a truck. It's still a decent car and I don't want to junk it. However, car is sold as is. It would be a great buy for a mechanic who has the ability to repair the car. Payment in the form of cash, U.S. Postal money ordered (must come from post office) or certified cashier's check from local bank will be accepted. Once auction is over, I will make arrangements with purchaser on picking up the car. Please email me with any questions or request for additional information. Thanks for looking Please email me with any questions and I will try my best to answer. Thanks for looking. |
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Treasury says auto bailout tally drops to $20.3 billion
Tue, 12 Feb 2013In December, the US Treasury announced that it was going to sell all of its shares in General Motors within 12 to 15 months. The first tranche of the 500-million total shares was purchased by GM, which took 200 million of them at $27.50 per share. That price represents an eight-percent premium over the market price at the time. The remaining 300 million shares will be sold "through various means in an orderly fashion."
Of the $418 billion disbursed through the Troubled Asset Relief Program (TARP), a report in Automotive News indicates that "about 93 percent" has been paid back, and the latest figures put Treasury's loss from the program overall at $55.58 billion. That's a $4.1 billion improvement on the last figure, when the expected red ink added up to $59.68 billion. The auto industry's portion of that loss is estimated to be $20.3 billion, a 16-percent drop from the earlier estimate of $24.3 billion.
The Treasury now owns 19 percent of GM, but if all goes well, there will be no more cause for anyone to utter "Government Motors" by the end of Q1 next year. A loss of some kind is still expected, however. Although GM's stock price is close to $29 at the time of this writing, that's still $4 below its IPO price and well below the $72 share price necessary for the government to come out even on its GM investment. On second thought, maybe the ribbing will continue.
Chrysler and Hyundai join Pepsi and Coke as top Super Bowl spenders [w/ video]
Thu, 23 Jan 2014Super Bowl XLVIII is barely a week away, and some of the early ads are already leaking out. It's timely then that The Street has released rankings of the top five Super Bowl advertisers since 2009, showing Chrysler and Hyundai/Kia taking two of the spots with $131.7 million in cumulative spending.
Since 2010, the cost to air a 30-second Super Bowl ad has risen from $3 million in 2009 to about $4 million in 2014, and about a fifth of advertisers opt for a one-minute ad, which doubles costs. Last year, the ads brought in $292 million, and they have brought in roughly $2 billion since 2010.
Chrysler has spent $64.3 million since 2009 to make it the fourth highest spending company in the last five years. In that time, the company has rebranded itself as it emerged from bankruptcy with the Imported from Detroit ad campaign that premiered in 2011 and last year's God Made a Farmer Ram Trucks ad. Its 2012 Halftime in America sparked national debate about whether it was also a reference to the upcoming presidential election.
Fiat's Marchionne ponders Chrysler going public again
Mon, 04 Mar 2013Fiat boss Sergio Marchionne says there's a real possibility that its majority-owned Chrysler Group may eventually return to the ranks of publicly traded companies. According to Bloomberg, the Fiat and Chrysler CEO gives that a "50 percent chance" of happening, but he doesn't appear to favor that scenario: "My preference is to be one single company... we belong together."
Marchionne has seemingly been operating under the assumption that Fiat will eventually own all of Chrysler, working to buy up the shares it doesn't own and looking to buy out the retiree trust fund that it shares Chrysler ownership with. Certainly, Chrysler going independent again would be increasingly difficult, as the companies continue to blend products, technologies, facilities and staffing, a trend started immediately after the Italian automaker became custodian of the brand following Chrysler's bankruptcy in 2009.
Marchionne's remarks to the media came at Chrysler's Kokomo, Indiana plant, where he was on hand to announce a major investment at four facilities in the state to build eight- and nine-speed automatic transmissions.