1972 Orange Super Beetle on 2040-cars
Milwaukee, Wisconsin, United States
Vehicle Title:Clear
Engine:upright 160cc air-cooled
Fuel Type:Gasoline
For Sale By:Private Seller
Exterior Color: Orange
Make: Volkswagen
Interior Color: Black
Model: Beetle - Classic
Trim: super beetle
Drive Type: RWD
Mileage: 72,925
I've personally owned this car since 1991. Bought it from an older lady down in Illinois. Drove the car through all climates and seasons until about 1996 when I put it in a garage for storage and decided to get a more modern car. The car sat there until the summer of 2011 when I finally had to do something with it as I lost the storage space. Spent about $1500 to get it running again and safe enough for street use. As I said above, there is definitely rust and corrosion issues after all this time. The car has gotten me through the last two Wisconsin winters and kept starting when all my co-workers cars wouldn't. Runs okay, but needs some love. It is burning through a lot of oil. I really don't want to sell it, but I don't have the time or space to properly re-build it. The car has no heat, the stereo is gone, and the speakers are in an awkward place on the doors. I'm not gonna lie, this car is going to need some work, but overall it's in fair condition. As I said, it does run and I've had it out on the streets plenty. If you have more specific questions you can contact me at (414) 737-5670. Upon sale, picking up the car will be the buyer's responsibility.
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$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.
Volkswagen unveils sportier Passat Performance Concept ahead of Detroit debut
Fri, 11 Jan 2013Ahead of its official unveiling at next week's Detroit Auto Show, Volkswagen has released some preliminary details and images of its Passat Performance Concept - a car that, as its name suggests, adds a little more spice to the automaker's midsize sedan formula. VW makes no mention of any production intent for this road-ready-looking sedan, simply stating that the Performance Concept is a way to "explore this practical four-door's sportier side."
It certainly doesn't look too sporty, the only visual upgrades being larger 19-inch wheels, dual exhaust, bi-xenon headlamps with VW's Advanced Front Lighting system, LED taillmaps and carbon-look mirror caps. Inside, there are carbon interior accents and two-tone leather upholstery. But no matter, the real upgrades for this mightier Passat are found below the sheetmetal.
Powering the Performance Concept is a 1.8-liter turbocharged four-cylinder engine, churning out 250 horsepower and sending its grunt to the ground via a six-speed automatic transmission. For reference, that's 80 more horsepower than the Passat's base 2.5-liter inline-five, but 20 horsepower less than the potent 3.6-liter VR6. As for other performance upgrades, Volkswagen has fitted the car with a lowered sport suspension and revamped electronic steering, which should indeed add a bit more dynamic feedback to the already nice-driving sedan.
Editors' Choice: Top Five 2013 Geneva Motor Show Debuts
Fri, 08 Mar 2013We've returned from a very busy week in Switzerland, and in going back over all of our 75 stories from the Geneva Motor Show, our editors have gathered up their personal favorite debuts from the European expo.
The wonderful thing about the Geneva show is just how wide of an array of vehicles are on display - everything from funny little one-off EVs to the most exotic of supercars to, well, truly ridiculous displays of coachbuilding. And because of that, this list of our editors' favorites might not be as predictable as you think.
But we don't want to give anything away just yet. Scroll down to have a look at our team's favorites from Geneva.