1966 Classic V W Bettle Gl Above Average Condition For Age. on 2040-cars
Kalona, Iowa, United States
Engine:1600
Fuel Type:Gasline
For Sale By:Private Seller
Exterior Color: Blue
Make: Volkswagen
Interior Color: Gray/blue
Model: Beetle - Classic
Warranty: Vehicle does NOT have an existing warranty
Trim: GL
Drive Type: 4 Speed manual
Mileage: 40,450
Disability Equipped: No
This is a classic, 1966 Beetle (bug), Not a "super" beetle. No rust, body very solid, floor pans and running boards solid, paint is good, several little scratches, not a show car. The interior needs a little TLC, seat are good. It runs and handles well. I have spent about $2600.00 on mechanics in the last year. Had the transmission rebuilt, new shocks, one front spindle replaced, new clutch. Two new tire on front. The mechanic that did the work has worked on them for the last 40 + years, well know in this area for that type of work. Just been drive in good weather. Own a piece of history. Reason for selling, pursueing other interests. Feel free to contact me with questions, or send offers.
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Auto Services in Iowa
White`s Automotive ★★★★★
Smart Honda ★★★★★
Route 3 Tire ★★★★★
Precision Repair ★★★★★
Northwest CARSTAR Auto Body Repair Experts ★★★★★
Napa Auto Parts - Genuine Parts Company ★★★★★
Auto blog
Porsche board members facing another ˆ1.8B lawsuit over VW takeover bid
Mon, 03 Feb 2014Back in 2008, Porsche got the bright idea that it could take over Volkswagen in the midst of the worst economic slump since the Great Depression. Ignoring that this was a catastrophic move for the Stuttgart sports car manufacturer that that eventually resulted in it nearly going bankrupt and eventually being taken over by the same company it sought to control, the aftermath has left Porsche Chairman Wolfgang Porsche and board member Ferdinand Piëch in the crosshairs of seven hedge funds that lost out during the takeover and are now seeking €1.8 billion - $2.43 billion US - in damages from the two execs, according to the BBC.
See, investors bet on Volkswagen's share price going down, partially because Porsche said it wasn't going to attempt a takeover. But Porsche was attempting to take over VW, having bought up nearly 75-percent of VW's publicly traded shares. When word broke that Porsche owned nearly three-quarters of VW (which indicated an imminent takeover attempt), rather than go down like the hedge funds bet it would, VW's share price skyrocketed to over 1,000 euros per share, according to Reuters.
Naturally, when you bet that a company's share price is going to drop and it in turn (temporarily) becomes the world's most valuable company, you lose a lot of money, unless you're able to buy up shares before prices jump too much. This led to a squeeze on the stock, which the hedge funds accuse Porsche and Piëch (who are both members of the Porsche family and supervisory board) of organizing.
Autoblog Podcast #327
Tue, 02 Apr 2013New York Auto Show, Jim Farley interview, 2014 Chevrolet Silverado fuel economy, Ford fuel economy app challenge
Episode #327 of the Autoblog Podcast is here, and this week, Dan Roth, Zach Bowman and Jeff Ross talk about this year's New York Auto Show, Chevrolet's latest assault in the pickup truck fuel economy battle, and Ford's reward for developing a better fuel economy app. Dan also has an interview with Ford's Jim Farley about the future of Lincoln. We wrap with your questions and emails, and for those of you who hung with us live on our UStream channel, thanks for taking the time. Keep reading for our Q&A module for you to scroll through and follow along, too. Thanks for listening!
Autoblog Podcast #327:
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."