1990 Chrysler New Yorker Fifth Avenue Sedan 4-door 3.3l on 2040-cars
Huntington Woods, Michigan, United States
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You're looking at a 1990 Chrysler New Yorker Fifth Avenue, in great condition for its age. The car has 133,612 miles at the time of this posting and had the transmission replaced at 75,000 miles. Included in the asking price are four infiniti speakers; the radio is not included. You'll see that the interior on this gorgeous New Yorker Fifth Avenue is impeccable. Just take a look at the backseats.
This Michigan car has developed some rust during the years and there are a few dents, but the paint job still glistens like new with a good car wash. The coolant tank leaks, but I have never, not once, had a problem with the car overheating. I believe the problem is isolated to just the tank, not any of the lines. The A/C no longer works and the passenger side rear window no longer goes up and down, but the valve covers, CV shafts, water pump and gas pump have all been replaced on this car. The engine fan must be operated manually, with a switch that has been installed adjacent to the steering wheel. Please see the included picture. Also, the tires on this car were just replaced in November. Throughout the winter, it was only driven on the weekend, so these tires are pretty much brand new. Much like the Chryslers of the famed "Imported from Detroit" advertisements, this New Yorker Fifth Avenue is from a time when Chrysler was fighting to compete with the high-end, and more expensive, luxury cruisers from Cadillac and Lincoln. For just 1500 bucks, be proud to park this beautiful car in your driveway. Feel free to contact me at 248-770-0160 to arrange for a viewing of the vehicle or email through Ebay with any questions. I look forward to hearing from you. If interested, give me an offer. I am willing to ship the vehicle at owner's expense. |
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Chrysler dealers terminated in bankruptcy still stuck in court
Mon, 14 Apr 2014Part of the deal for the federal bailouts of Chrysler and General Motors was that both organizations were required to trim their vast array of dealerships. This move did not sit well with the people that would be losing out on franchises, though, and in Chrysler's case, 148 of the shuttered dealers have fought for money they feel they are entitled to.
These dealers believe that they should be compensated by the federal government, as Chrysler wouldn't have trimmed its sales centers had it not been ordered to by Uncle Sam. Now, thanks to the ruling of three judges on the US Court of Appeals for the Federal Circuit, the dealers will get a chance to argue their point.
According to Automotive News, the dealers argue that the mandatory shuttering of dealers was unconstitutional, because the federal government was taking property without compensation. If the dealers are victorious, not only would the government be out millions of dollars, but a precedent could be set that would allow similarly closed GM dealerships to cash in.
Fiat Chrysler posts $690M Q1 loss
Mon, 12 May 2014If there is one thing that should be remembered when looking at quarterly and annual earnings, it's that the headline numbers rarely tell the whole story when it comes to an automaker's health. Chrysler's first-quarter earnings are just such an example.
Yes, the Auburn Hills-based manufacturer lost $690 million, which is quite a large sum of money. The reasons for the loss, according to Chrysler, were "Unfavorable infrequent items," which includes a $504 million payment to rid itself of the debts it took on for prepaying the UAW's VEBA healthcare trust. Chrysler was also hit with a $672 million charge to the UAW, which was part of a deal that allowed Fiat to purchase the remaining shares of Chrysler owned by the VEBA.
Ignoring those one-time deals, the first quarter was quite a successful one for Chrysler. It would have made $486 million if you erased the merger costs, which would have been a year-over-year increase of $320 million. Even more promising is the fact that Chrysler snagged the largest increase in market share of any automaker during Q1 at 1.1 percent, bringing its overall share to 12.7 percent of the US market. Chrysler saw a 30-percent improvement in sales of trucks and SUVs, along with an 11-percent increase in year-over-year sales and a 23-percent increase in revenue, to $19 billion.
Court ruling to delay Fiat's Chrysler buyout?
Thu, 01 Aug 2013We've already reported on the attempts of Fiat to purchase the remaining 41.5-percent stake in Chrysler, currently owned by the United Auto Workers' VEBA healthcare trust. And while the issues still aren't resolved, Fiat has received both a bit of good news and a bit of bad news from a Delaware judge.
The good news is that the court ruled in favor on two key arguments of Fiat's, relating to what is a fair price for the Chrysler shares. The rulings essentially slash half a billion dollars off the price of the 54,000 shares owned by VEBA, according to a report from Reuters.
The bad news is that this makes the UAW an even more difficult opponent in negotiations. Its VEBA fund is meant to cover ever escalating retiree healthcare costs, so naturally, the UAW wants to get as much money as possible. Losing a big chunk of cash isn't likely to make the union more cooperative.