1966 Volkswagen Vw Beetle Bug Classic Ruby Red No Reserve on 2040-cars
Johnson Creek, Wisconsin, United States
Here we have a Beautiful 1966 Beetle in its original ruby red paint that has a upgraded new 1600cc motor from MidAmerica Motor works and a rebuilt transmission. Runs and drives good. All lights and horn, Blaupunkt radio works, wipers work but are slow. Drivers door was opened to far due to wind, I had a body guy look at the door and he took a piece of wood and put it between the door and hinges and bent it back a touch and it opens and closes better now, not perfect but decent. Serious buyers can call 414-429-0037. Sorry no text or trades. Will sell to highest bidder. No reserve. I do reserve the right to end the auction early if there are no bids due to being for sale locally, if there are bids I will not end the item early for any reason.
On May-06-14 at 09:30:55 PDT, seller added the following information: Video on YouTube.com just type in fuzzycars14. And you should be able to see it. I made it with a iPad. Any questions feel free to call. Happy bidding. |
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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.
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Bloomberg reports that another light has gone out, though, with a Stuttgart court dismissing the market manipulation case before going to trial because, as a court spokesperson said, "there wasn't enough evidence backing up the charges." When prosecutors get the files back from the court, they have a week to decide to refile, but unless they've been sandbagging evidence that could bolster the case, the only lights at the end of the tunnel will be those welcoming Wiedeking and Härter back to the world of legally unencumbered men.
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It's a good guess then, that this Golf wagon (called a Golf Kombi by our spy photographer) is a prototype that's pretty far along in the development cycle for Volkswagen. We can't be sure what impact this will have on the company's small wagon offering here in the US, but we'd be pretty surprised if something very like this didn't end up as the next Jetta SportWagen. We might well have more information on that front, after we visit Geneva next week.