Golf Gti~factory Warranty~dsg Trans!~xenons~sunroof~3m Carbon Fiber~turbo~wow! on 2040-cars
Addison, Illinois, United States
Engine:4
Fuel Type:Gasoline
For Sale By:Dealer
Transmission:Automatic
Body Type:Hatchback
Cab Type (For Trucks Only): Other
Make: Volkswagen
Warranty: Vehicle does NOT have an existing warranty
Model: Golf
Mileage: 49,936
Exterior Color: Red
Disability Equipped: No
Interior Color: Black
Doors: 2
Drive Train: Front Wheel Drive
Volkswagen Golf for Sale
- Salvage,no damage,light water flood,no issues, free 6 month warranty(US $9,499.00)
- Volkswagen gti 2011 autobahn edition loaded nav roof 6-spd like new shape a+
- 2007 vw gti golf 2.0l turbo abs cruise alloys(US $10,900.00)
- 2007 volkswagen gti
- 2005 volkswagen gti 1.8t turbo hatchback only 33k miles! auto! monsoon! clean!!!(US $13,991.00)
- 2011 2.5l 4-door 2.5l auto red certified pre owned 1 ow
Auto Services in Illinois
USA Muffler & Brakes ★★★★★
The Auto Shop ★★★★★
Super Low Foods ★★★★★
Spirit West Motor Carriage Body Repair ★★★★★
South West Auto Repair & Mufflers ★★★★★
Sierra Auto Group ★★★★★
Auto blog
VW's Winterkorn tells 20,000 staffers of big cost-cutting plans
Thu, 24 Jul 2014During a gathering of 20,000 Volkswagen Group employees at company headquarters in Wolfsburg, Germany on Wednesday, CEO Martin Winterkorn dropped a bombshell. The boss stated that the automaker isn't operating efficiently enough and admitted the company needs to radically start cutting back to raise its profit margins. To right the ship, Winterkorn has proposed killing off less profitable models and spending less on research and development.
According to Reuters, Winterkorn wants to raise the VW brand's profit margin from about 2.9 percent in 2013 to a target of 6 percent. To make that possible, his plan amounts to increasing cost cutting until Volkswagen reaches about 5 billion euros ($6.7 billion) per year to get things back in order. "Over the short-term, we urgently need more efficiency and higher profit," the CEO said during his speech, according to Reuters.
However, Winterkorn can't make these decisions unilaterally. Volkswagen's works council also has a seat on the supervisory board to represent laborers, and it isn't likely to take the proposed cuts sitting down.
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.
J.D. Power customer survey of dealers counts Cadillac, Buick as big winners
Mon, 14 Apr 2014Cadillac and Buick have taken the trophies in J.D. Power's latest Customer Service Index Study examining satisfaction with dealer service. Surveying more than 90,000 owners and lessees of 2009-2013 model-year cars, the study found that those with pre-paid maintenance packages were ten percent more likely to buy their next car from the same brand.
Dealer satisfaction scores have improved overall, Cadillac nabbed the luxury segment ahead of Audi and Lexus, taking the crown that Lexus held last year. Buick keeps the mass-market dealer satisfaction win in the family, finishing ahead of Volkswagen and last year's winner GMC. The study also found that service department use of tablets increased customer satisfaction, as did "best practices" like "providing helpful advice." Who knew?
You can find details on those and more findings in the press release below.