Volkswagen : Beetle - Classic White 1979 Convertible Super Beetle on 2040-cars
Star, North Carolina, United States
Here's the story. Bought this as a surprise graduation gift. The giftee said it doesn't have A/C, I said put the top down. She said it will mess up my hair. Took her shopping, she picked out a air conditioned Mustang. Now I have a VW, Bug, Super Beetle for sale. Bought locally from an individual. They told me a few years ago that the interior had been redone, the motor was replaced with a new Scat 1766cc long block at 96,000 miles. Speedometer reads 06,400 today. The top and headliner appear to be in good shape too, no rips or tears and car has had a re-paint. The car looks good for it's age and drives great, the tires have about 80% left. Fuel gauge needs repair and heater/blower/defroster does not work. Wipers, brake lights, horn, headlamps, turn signals, am/fm radio all work properly. Brakes stops car as it should, emergency brake works, clutch and gears shift properly. Carpets look great except near your left foot, piping is coming loose. Doors could need new seals as with one window. There is some pitting on the chrome marker lights. A small ding under drivers side headlamp. A little paint bubbling barely noticeable on each side of the car at bottom before rear fenders see photos. Has convertible cover, car cover and bag included with sale. The VW bug was the first car I ever owned, this car will make someone very happy and save money on gas. 1979 is the last year of the super beetle convertible and can only go up in value if taken care of. Please call me if you have any questions before bidding or to take a test drive at 910-571-2900. 500.00 deposit to winning bidder, balance in cash or wired funds within 7 days of auctions end. Clear North Carolina title in my name. Car is sold as is with no warranty. I can assist if it needs to be shipped and know a reasonable shipper. Chauffeur not included, I don't know why but we get lots of looks when I let him drive. Low reserve for quick sale, Have a great day! |
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Volkswagen shows off performance-ish Passat concept
Mon, 14 Jan 2013As part of its 2013 Detroit Auto Show debut package, Volkswagen has rolled out a sportier version of the Passat sedan, though it's strictly conceptual for now. A small dose of go-fast visuals have been added to the handsome Volkswagen, including 19-inch wheels, carbon-capped mirrors, an advanced front lighting system, LED taillamps and dual exhaust. Some carbon bits and upgraded leather are found inside the cabin, as well.
But the real performance chops come in the form of a 1.8-liter turbocharged four-cylinder engine that sends 250 horsepower to the Passat's front wheels via a six-speed automatic transmission. That's a good boost in power over the 170 hp of the base 2.5-liter inline-five, but not quite as potent as the 3.6-liter VR6. A lowered sport suspension and revised electronic steering are also on hand, making things slightly more involving out on the road... we assume.
It's not quite the performance concept we were hoping for, but a more enthusiastic Passat isn't necessarily a bad thing. Scroll down for the press release.
Former Porsche CEO Wiedeking indicted over VW takeover bid
Thu, 20 Dec 2012Do you recall the failed efforts by Porsche to take over Volkswagen? According to a Bloomberg report, former Porsche CEO Wendelin Wiedeking (above) and ex-CFO Holger Haerter have finally been charged with market manipulation over the exercising of options as part of the German sportscar manufacturer's ill-fated attempt to take over the much larger VW. That failed bid eventually resulted in the reverse coming true - VW swallowing Porsche.
The charges leveled by Stuttgart prosecutors come after a three-year investigation centered around allegations that Porsche execs made a concerted effort to increase the company's share in VW to 75 percent in preparation for a hostile takeover. Porsche had previously told its investors on at least five occasions that it had no intention to buy VW.
Portions of the investigation have subsided, according to prosecutors, citing an inability to prove certain improprieties with a "necessary degree of certainty." The number of charges is down to 5 from a previous 14 counts regarding "information-based market manipulation."
$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.