California Original, 1974 Volkswagen Super Beetle, 100% Rust Free, No Reserve on 2040-cars
Los Angeles, California, United States
Up for No RESERVE is this cute 1974 Super Beetle with custom roof rack. -100% rust free California car -Runs and drives extremely well -Clutch shifts perfectly through all the gears -Brakes, steering and suspension are a+ Cosmetically the car is lovely. Luminous color with lustrous paint finish. -Excellent floors -Nice wheels -Nice chrome The interior is superb. -Nice dash, seats, carpeting and door panels -The headliner does have some imperfections and should be replaced Lots of new parts: -Running boards -Taillight's -Front and rear seat upholstery -Turn signals -Roof rack -Tailpipes etc. This is a great car to see, or be seen in. She will always put a smile on your face. The car is turn key and ready to be enjoyed now! The new owner will be pleased with it's overall mechanical and cosmetic condition. If you have any questions contact Evan at 310-594-4224 or email. The bug is also available for sale locally and is subject to removal from the auction at anytime should it be sold. Shipping can be arranged worldwide and expedited quickly and inexpensively to your door. Thanks for looking!
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Volkswagen Beetle - Classic for Sale
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CEO says Volkswagen's buying spree is over
Mon, 03 Sep 2012
After adding Italian motorcycle icon Ducati to its stable and spending $5.6 billion on the rest of Porsche, Volkswagen CEO Martin Winterkorn says he's done shopping for a while.
"We have enough to do at the moment in taking our twelve brands to where we want to be," Winterkorn tells German newspaper Handelsblatt.
$1.4B hedge fund suit against Porsche dismissed
Wed, 19 Mar 2014Investors have canvassed courts in Europe and the US to repeatedly sue Porsche over its failed attempt to take over Volkswagen in 2008 (see here, and here and here), and they have repeatedly failed to win any cases. You can add another big loss to the tally, with Bloomberg reporting that the Stuttgart Regional Court has dismissed a 1.4-billion euro ($1.95B US) lawsuit, the decision explained by the court's assertion that the investors would have lost on their short bets even if Porsche hadn't misled them.
Examining the hedge funds' motives for stock purchases and the bets that VW share prices would fall, judge Carola Wittig said that the funds didn't base their decisions on the key bits of "misinformation," and instead were participating simply in "highly speculative and naked short selling," only to get caught out.
With other cases still pending, the continued streak of victories bodes well for Porsche's courtroom fortunes, since judges will expect new information to consider overturning precedent. If there is any new info, it could come from the potential criminal cases still outstanding against former CEO Wendelin Wiedeking and CFO Holger Härter, who were both indicted on charges of market manipulation.
VW pondering low-cost sub-brand for China?
Wed, 30 Jan 2013More detail is being sketched into the Volkswagen Group's plan to launch a low-cost brand for emerging markets. Late last year a German report quoted a VW rep saying that the brand has been interested in building a no-frills car, the kind that would challenge Dacia and Datsun, for a while. With both Proton and Suzuki effectively out of the partnership picture, a report in Reuters suggests VW could go straight to China, developing a car with its joint venture partners and building and selling it there.
Officially, company CEO Martin Winterkorn said the issue of a model for emerging markets would be decided this year but VW isn't any closer to confirming any kind of plan for a car in its portfolio underneath the Up!, remarking to Reuters about the China possibility, "That's an issue we're currently looking at."