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PENNSYLVANIA PENTASTARS MOPAR CLUB

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THE LATEST HAPPENINGS IN THE MOPAR WORLD
 

2008 Challengers officially sold out

APRIL 25, 2008

Chrysler reported that all 6,400 2008-model-year Dodge Challenger SRT8s have been sold. The 2009 models will arrive this fall. Production began last Monday.

43rd 2008 Dodge Challenger SRT8 to be painted "Petty blue" and auctioned
 
APRIL 8th, 2008
 
While the rights to the first 2008 Dodge Challenger SRT8 brought $400K at Barrett-Jackson, we'd rather have the 43rd car built, which will go up on eBay's virtual auction block. Chrysler is working the numerology angle, linking the 43rd Challenger to living legend Richard Petty and the #43 he made famous while driving Mopar stock cars to victory over his long racing career. Pre-qualified bidders will have the opportunity to take home the 43rd Challenger built, which will be the only one finished in B5 Blue in a nod to the Petty Blue (or Corporate Blue) finish that adorned The King's racers. Carbon fiber-look hood stripes, a chrome fuel filler lid and a numbered dash plaque finish this particular one-off appearance package, and the auction winner also gets a VIP Package to this May's Dodge Challenger 500 NASCAR race at Darlington. All proceeds from the auction will benefit the Petty family's  Victory Junction Gang Camp.
 

First Challenger goes for $400,000

JANUARY 22, 2008

Dodge raised $400,000 for the notMYkid charity organization on January 19 when it auctioned the first production 2008 Dodge Challenger SRT8 at the 37th annual Barrett-Jackson Collector Car Auction in Phoenix, Arizona.

Craig Jackson, chairman and CEO of the Barrett-Jackson Auction Co., placed the winning bid without even seeing the real car. The 2008 Dodge Challenger SRT8 won’t make its worldwide debut until February 6 when it is unveiled the Chicago Auto Show.

“Dodge is ecstatic that the sale of the first production 2008 Dodge Challenger SRT8 to roll of the assembly line raised $400,000 for such a worthy cause,” Mike Accavitti, Director of Dodge Brand and SRT Global Marketing, said. “The introduction of an all-new, modern Dodge Challenger has generated a lot of excitement, and the enthusiasm for the new car was evident on the auction block.”

Kerkorian bids for Chrysler
 
APRIL 5, 2007
 
 
Billionaire investor Kirk Kerkorian, who lost out in Chrysler’s 1998 merger with Daimler-Benz, wants to buy the troubled automaker back from its now-unhappy German owners.

Kerkorian’s wholly owned investment company, Tracinda Corp., on Thursday made a $4.5 billion (U.S.) cash offer for DaimlerChrysler AG’s U.S.-based Chrysler unit.

A deal would put Kerkorian in charge of Chrysler a decade after he claims he was tricked out of potentially billions of dollars in the 1998 deal in which Germany’s Daimler-Benz joined with Chrysler in the so-called "merger of equals."

Long an active investor in automakers, the 89-year-old former movie mogul once offered $22.8 billion for Chrysler in an unsuccessful 1995 takeover bid.

Kerkorian’s bid, about one-fifth of what he offered in 1995, reflects the falling fortunes of Chrysler Group, which lost $1.5 billion last year and has announced 13,000 job cuts in North America and reduced production.

The offer disclosed Thursday from Tracinda is slightly lower than at least one competing bid from Canadian auto-parts supplier Magna International Inc., worth a reported $4.7 billion.

Tracing said it would place a $100 million deposit for the right to exclusive bargaining rights.

Tracinda in a statement said it wants “to build and strengthen” the troubled automaker and “will offer the UAW and Chrysler management the opportunity to participate as equity