2012 Volkswagon Passat Sel Premium on 2040-cars
Amelia, Ohio, United States
Body Type:Sedan
Vehicle Title:Clear
Engine:2.5L 2480CC 151Cu. In. l5 GAS DOHC Naturally Aspirated
Fuel Type:Gasoline
For Sale By:Dealer
Used
Make: Volkswagen
Model: Passat
Year: 2012
Warranty: Vehicle has an existing warranty
Trim: SEL Premium Sedan 4-Door
Options: Sunroof, CD Player, MOONROOF, NAVIGATION, FENDER AUDIO
Drive Type: FWD
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag, Side Airbags
Mileage: 51,150
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows, Power Seats
Exterior Color: Black
Interior Color: Black
Number of Cylinders: 5
Carfax certified and still under factory warranty!! Just arrived-Local new car trade. This is an extremely clean 1-owner vehicle. Beautiful black finish with extra clean black leatherette interior. SEL Premium Package includes 2.5 liter 5 cylinder engine, 6-speed "tiptronic" automatic transmission, Leather wrapped tilt and telescopic multi-function steering wheel with cruise and audio controls, Fender Premium Audio system, voice navigation system, dual zone automatic climate control, heated seats, power moonroof, alloy wheels, remote keyless entry and much more. Call us toll free at 866-662-1861 or local at 513-947-9470. CHECK OUT OUR FEEDBACK AND BID WITH CONFIDENCE. Sales Tax, Title, License Fee, Registration Fee, Dealer Documentary Fee, are additional. |
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Auto blog
Porsche again staring down another $1.8B in hedge fund lawsuits
Wed, 15 May 2013The sequence of events from 2007 that began with Porsche's secret attempt to take over Volkswagen, and instead lead to Porsche being taken over by VW, continues to instigate lawsuits against the Stuttgart sports car manufacturer. A group of hedge funds that suffered over $1 billion in losses sued the car company in New York. Porsche had publicly stated it wasn't trying to buy VW, the hedge funds in question were shorting VW stock, and when Porsche's actual intentions were revealed, the stock shot up and the hedge funds took a beating.
The case was thrown out over the issue of jurisdiction, then appealed, only to see another suit filed on top of that. After that, most of the hedge funds withdrew their claims in New York and Porsche offered a 90-day window to refile in Germany where it is already fighting a number of other suits over the same issue. The hedge funds accepted the offer, refiling in Stuttgart for $1.8 billion in damages. According to Bloomberg, Porsche hasn't commented on the refiling, but as the same plaintiffs are involved, it's safe to assume that the carmaker still feels the case is "unsubstantiated and without merit." It has fared alright so far even in German courts, with two lesser cases against it thrown out last year.
Porsche-Piech buy 10% stake in VW's holding company
Tue, 18 Jun 2013In August, 2009, as the scuttled merger of Porsche and Volkswagen had gone bad and Porsche was backed up against the ropes, Porsche Automobil Holding SE (PAHSE) relinquished a ten-percent stake in itself to Qatar Holdings as well as options it held on 17 percent of VW shares. The sale meant that, for the first time since the founding of the company 61 years before, an entity outside the Porsche and Piech families had a say in the running of PAHSE.
Buying that ten-percent stake back returns full ownership to the two families, the holding company's sole possession being ownership of 50.7 percent of VW's common shares. The price paid wasn't disclosed, but at market rates the purchase would be worth close to $1.25 billion. Qatar intends to hold onto the 17-percent stake it has in Volkswagen.
Bentley considering diesel engine for new SUV
Wed, 05 Mar 2014Turns out, in case you didn't know, the rich are just like regular people. They too are concerned about the environment, even when tooling around town in their super-luxurious Bentleys. So the automaker is weighing the idea of offering a diesel engine in its SUV offering, which could help satisfy customers' demands for more fuel-efficient engines.
Chairman and CEO Wolfgang Schreiber told Autoblog in a roundtable interview at the Geneva Auto Show that the automaker is researching whether or not a diesel engine makes sense for the brand. Bentley, owned by the Volkswagen Group, could in theory use a diesel engine from anywhere in the Volkswagen Group family. We at Autoblog have hopes they'll revive the V10 TDI used in the VW Touareg until 2010, but ever-stricter emissions laws would likely make that problematic.
But rich people aren't so much like us that they'll be worried about petty things like pricing. Schreiber admitted the diesel engine could be a $15,000 option, which he said customers would probably find "acceptable." Given that the cheapest Bentley today starts at $177,000, typical customers probably won't be diddling around worrying about an extra 15 grand.
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