1955 Chrysler Imperial on 2040-cars
El Monte, California, United States
If you have questions email email me at: ieshaisscarbro@worldfriend.com .
Rare 1955 Imperial Newport 2 door. One of only 3418 ever built, this vehicle is from my
father’s car collection. My father purchased the car in 1995 from a man in Oakland Ca. During his ownership here
in California he kept the car garaged and drove it occasionally on club functions. The battery is new and the 331
Hemi engine starts right up. The car runs, drives and stops well. The master cylinder and power brake booster were
replaced a few years ago. The car comes with real wire wheels. The glass all looks good. The car has some pitting
of the chrome, some surface rust in a few spots, some surface cracking of the leather interior, one tear in the
seats (measuring about an inch long). Original color is cream and it is now painted white with the gold top.
Hagerty valuation tools lists the value of this car at $79,700 if it were restored to “#1 Concours” condition
and at a value of $16,800 if in “#4 Fair” condition. This car meets or slightly exceeds the #4 condition
description but is not a “#3 Good” example, in my opinion.
Brief History of the 1955 Imperial: With understated elegance and a well-deserved reputation for excellent
engineering, the Imperial marked the pinnacle of the Chrysler product line. Notably, 1955 marked the registration
of Imperial as a separate marquee within the Chrysler Corporation, and the completely new-for-1955 models benefited
from the full stylistic influence of the renowned Virgil Exner.
For 1955, Imperials were available in two forms: the C-69 short wheelbase version known as the Newport Coupe or
Sedan, along with the C-70 long wheelbase sedan version named the Crown Imperial. Featuring excellent build
quality, the upscale Imperial was priced from $4,483, providing a very attractive alternative to the contemporary
offerings from Cadillac and Lincoln.
Chrysler Imperial for Sale
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Auto blog
Chrysler reports $166M net income for Q1, down $307M vs. 2012
Mon, 29 Apr 2013Preliminary first-quarter results from 2013 have been announced by Chrysler, and the company is reporting a net income of $166 million on revenue of $15.4 billion. Compared to this period last year, net income is down $307 million and revenue has dropped $1 billion.
Chrysler says that its quarter was negatively affected by the costs associated with launching its 2013 Ram Heavy Duty, 2014 Jeep Grand Cherokee and preparation for the return of the all-new 2014 Jeep Cherokee pictured above. The launches should provide a strong second half of 2013, says the automaker. "We remain on track to achieve our business targets, even as the first-quarter results were affected by an aggressive product launch schedule," said Chrysler Group LLC Chairman and CEO Sergio Marchionne.
On a positive note, the automaker says worldwide vehicle sales are up 8 percent from one year ago, a number pushed by a 12 percent bump in U.S. retail sales. In addition, domestic market share has risen slightly, up to 11.4 percent from 11.2 percent last year. Read more in the official statement below.
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.
Chrysler recalls 1.2 million Ram pickup trucks
Sat, 09 Nov 2013Chrysler has announced that it will issue three separate recalls that will cover as many as 1.2 million Ram pickup trucks for "steering-system tie rods that may have been misaligned during assembly or steering-system service." The vast majority of these trucks were sold in the United States, though some trucks in Mexico, Canada or overseas will be called in, as well.
The largest of the three recalls covers an estimated 842,400 model-year 2003-2008 Ram 2500 and 3500 trucks. Two smaller campaigns will bring 294,000 model-year 2008-2012 Ram 2500 and 3500 pickups, chassis cabs and 2008 Ram 1500 4x4 Mega Cabs; plus 43,500 model-year 2008-2012 Ram 4500 and 5500 4x4 chassis cabs into the dealer to be checked and repaired if necessary.
This is a very large recall, and Chrysler says it is "casting the net wider than necessary to identify those vehicles that require repair." The automaker estimates that "as many as 726,000 may not need repair."