Author Archives for Autobob
Fiat exercises option to buy additional 3.3% of Chrysler shares
Purchase brings closer a merger of the two automakers- September 10, 2017
- Automakers, Manufacturing, Production
- Posted by Autobob
- Comments Off on Fiat exercises option to buy additional 3.3% of Chrysler shares
Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.
The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.
Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.
Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.
Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.
Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 [...]
- September 10, 2017
- Not categorized
- Posted by Autobob
- Comments Off on Home
What is an affordable, fun car that is ready for the track? How about a Corvette Z06? Corvettes have won the 24 Hours of Le Mans eight times over a 16 year period.
For a historical racing pedigree, consider the Alfa Romeo 4C. With a dedicated performance package, a cutting-edge carbon fiber monocoque for a lowered curb weight, it can fly from 0-60 in just 4.1 seconds.
We can't over look the BMW M4 or a Porsche Cayman GT4 with the 3.8-liter six-cylinder engine that kicks out 385 horsepower and 309 lb.-ft. of torque.
A SPORT UTILITY FOR THE FAMILYAlfa Romeo Stelvio Quadrifoglio Its performance ranks at the top of the class thanks to its handling, comfortable ride, strong engine and great looks. Performance enthusiasts will be drawn to the Alfa Romeo Stelvio Quadrifoglio and its muscular twin turbocharged V6.
The engine is a Ferrari engineered all-aluminum, 2.9-litre, twin-turbo, 90 degree V6. It puts out 505bhp and 443lb ft of torque, propelling the Quadrifoglio to 60mph in just 3.6 seconds. The gearbox is an iteration of the well-known, and well-regarded, Z [...]About Us
We have a passion for finely crafted vehicles- September 10, 2017
- Not categorized
- Posted by Autobob
- Comments Off on About Us
![](https://autobahn1.com/wp-content/uploads/2022/06/Bob-F355-300x209.jpg)
Error 404: File not found.
That being said, we will give you an amazing deal for the trouble.- September 10, 2017
- Not categorized
- Posted by Autobob
- Comments Off on Error 404: File not found.