1962 Volkswagen Beetle on 2040-cars
Gray, Georgia, United States
Transmission:Manual
Engine:1.2L 1192CC 73Cu. In. H4 GAS OHV Naturally Aspirated
Vehicle Title:Clear
Body Type:U/K
For Sale By:Owner
Make: Volkswagen
Mileage: 2,000
Model: Beetle
Exterior Color: L87-VW pearl white
Trim: Base
Warranty: Vehicle does NOT have an existing warranty
Drive Type: U/K
Number of Cylinders: 4
Options: CD Player
*****1962 VW Original Ragtop*****
This is a 1962 VW beetle, also an original Ragtop car. This car is very reliable and solid. This car is an everyday driver, with 1600 dual port engine including a Flame thrower coil, Electric fuel pump w/ regulator, Empi Serpentine belt system, New Alternator, Spark Plugs and Plug Wires, dual 38 carbs with GT exhaust. I also have an Electronic Ignition I just haven't installed yet. This car has New window rubbers/felt all the way around. Everything works on this car. The front has a narrowed beam and adjustable front suspension. New Tires front and back, The front are 145/65R15, and the rear are 205/65R15. The wheels are 15" Radar style. The interior of the car is clean, I installed a seat belt in the rear for my son. The stereo is a Boss CD/ MP3 player with Aux hookups. I have all the replacement Ivory knobs and handles that match the interior. Also has a new headliner. Extras that come with the car are Door handles, window cranks, Tail lights lens, fuel gauge, E brake handle, Shifter knob, a new set of Spark plugs, and Deck lid standoffs. The color of this car is L87 Volkswagen Pearl White. This car gets a lot of attention every where I go. If there are any questions about the car feel free to email me and I will try to get back to you as soon as possible. The winning bidder must submit a $1000 deposit Non-Refundable within 24 hrs after bidding has ended to secure the vehicle. The buyer must agree to pay remaining balance within 7 days of the final close of the auction. * AS-IS-NO-WARRANTY*
Volkswagen Beetle - Classic for Sale
Auto Services in Georgia
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Auto blog
VW's Winterkorn tells 20,000 staffers of big cost-cutting plans
Thu, 24 Jul 2014During a gathering of 20,000 Volkswagen Group employees at company headquarters in Wolfsburg, Germany on Wednesday, CEO Martin Winterkorn dropped a bombshell. The boss stated that the automaker isn't operating efficiently enough and admitted the company needs to radically start cutting back to raise its profit margins. To right the ship, Winterkorn has proposed killing off less profitable models and spending less on research and development.
According to Reuters, Winterkorn wants to raise the VW brand's profit margin from about 2.9 percent in 2013 to a target of 6 percent. To make that possible, his plan amounts to increasing cost cutting until Volkswagen reaches about 5 billion euros ($6.7 billion) per year to get things back in order. "Over the short-term, we urgently need more efficiency and higher profit," the CEO said during his speech, according to Reuters.
However, Winterkorn can't make these decisions unilaterally. Volkswagen's works council also has a seat on the supervisory board to represent laborers, and it isn't likely to take the proposed cuts sitting down.
EU formally questions French government assistance of Peugeot's finance arm
Fri, 28 Dec 2012Recently, the finance arm of PSA/Peugeot-Citroën was in such debt trouble that it was pricing itself out of the car loan market. The rates it was paying to service its debt, which was rated one step above junk, were so high that it was forced to charge car-buying customers higher rates than they could find elsewhere. This was adding to Peugeot's already impressive woes by sending revenue out the door to competitors.
Two months ago a deal was worked out with the French government whereby the state would provide 7 billion euro ($9 billion USD) in bonds to guarantee the finance arm's loans. The French government could nominate someone to join the Peugeot board, Peugeot would guarantee more French jobs, and on top of that deal, other banks would provide non-guaranteed loans. The government would take no equity stake in the car company.
Although not yet finalized, the arrangement is meant to create some breathing room for Peugeot Finance to lower its interest rates for customers, and a government-nominated board member, Louis Gallois, was recently named to Peugeot's supervisory board. The arrangement was also openly questioned by at least three competitors: Ford, Renault - which is 15-percent owned by the French government after it received state aid - and the German state of Lower Saxony, itself a 15-percent shareholder in Volkswagen.
European car sales up 8% in February
Sat, 22 Mar 2014Three weeks ago an analyst increased projections for European car sales this year, expecting them to climb three percent compared to last year instead of 2.7 percent. That number is a postive sign after years of hard times but it turns out February was especially good, overall European sales climbing eight percent on a wave of southern European recovery and discounts - and this comes after five months of gains including January's 7.2-percent jump over the year before.
The only country of Europe's five largest markets to post a decline was France, just as it did in January, Germany, the UK and Italy posting solid double-digit numbers, Spain rocking the charts with an 18-percent increase because of a government program to encourage trade-ins.
The only brand to miss the wave was Volkswagen, dropping 0.8 percent as it watched the double-digit growth at sister brands Audi, Seat and Skoda lift the Volkswagen Group sales up by seven-percent. Peugeot overcame flat sales at Citroën to improve the group by 3.5 percent, BMW and the Mercedes-Benz/Smart combo rose by four percent, the Fiat group jumped 5.8 percent, Ford was up 11 percent, the Renault Group 11.5 percent, General Motors 12 percent and the Toyota clan by 14 percent.