1959 Classic Beetle, Incredibly Original, Original 6v System, 36hp, Wonderful! on 2040-cars
Hanover, Maryland, United States
Engine:36 hp
Body Type:Coupe
Vehicle Title:Clear
Year: 1959
Exterior Color: Black
Make: Volkswagen
Interior Color: White
Model: Beetle - Classic
Number of Cylinders: 4
Trim: Deluxe
Drive Type: Rear wheel drive
Mileage: 36,000
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First time offered in 20 years!!! At Speed Motors focuses upon investment-level Porsches...and in this case sometimes, VW's!!! I have owned, raced, serviced, and collected Porsches and VWs for years and come across wonderful examples for your consideration.
This is a wonderfully original, 1959 Type I Bug. I have owned this car for nearly 20 years and it has never given me a minute of trouble. It is wonderfully original including much of the ORIGINAL PAINT!!! The engine is absolutely original to the car as is the transmission (Please note engine number picture). The interior was originally red with the correct horsehair (I kept all of the original seat covers with the original horsehair intact), but was changed to white before I purchased the car. It still retains its correct 6V system, has a very rare dealer-installed three gauge cluster (fuel, amps, and oil temp), has the correct rims with full spare and the original jack. I have the correct owner's manual and many, many records/pictures, several trophies from VW shows, as well as a trophy winner as an original car. Car comes without the original luggage rack or with it (+$900). This is an excellent car in a wonderful period color combination that will be a joy for years to come for the next owner. Given my focus upon Porsches, I really don't use either or my Bugs (see my 1954 Bug for sale eBay #291054962475) so I've decided to make some garage room. There is no good reason other than that to sell either of them... They need nothing at all. Please contact me with any questions at 703-627-9991. Take a look at my 100% rating and bid with full confidence. I stand behind absolutely everything I sell. My thanks, Bob.
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Auto Services in Maryland
Wes Greenway`s Waldorf VW ★★★★★
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Auto blog
Who wants to pay a million dollars for a VW Beetle?
Mon, Jun 1 2015The Volkswagen Beetle was always envisioned as a cheap mode of transportation, but now one is being offered for over $1 million by a dealer in the company's home base of Wolfsburg, Germany. So just what makes this Beetle so special? It's not the first one made, and it's not the last one made – but it comes close: This particular example is an Ultima Edicion – one of the final Bugs made in Mexico before production ended even there in 2003. It's decked out in beige with a black fabric interior and none – repeat, none – of the bells and whistles. With less than 75 miles on the odometer, it offers one wealthy buyer the rare opportunity to get an original Beetle (not some modernized incarnation thereof) in factory-fresh condition, which no one has been able to do for over a dozen years now. Does that make it worth the million-euro ($1.1M) asking price? Not if you ask us, no. But then we wouldn't count ourselves among the most dedicated Beetle fanatics out there.
$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.
Mixed sales results, but automaker stocks rise on need for cars in Houston
Fri, Sep 1 2017DETROIT — The Big Three Detroit automakers on Friday reported better-than-expected August sales and issued optimistic outlooks for demand as residents of the Houston area replace flood-damaged cars and trucks after Hurricane Harvey, sending their stocks higher. General Motors, Ford and Fiat Chrysler posted mixed August U.S. sales, with GM up 7.5 percent and Ford and Fiat Chrysler down. Japanese automaker Toyota improved sales by nearly 7 percent, while Honda fell 2.4 percent. Still, analysts focused on the potential for Detroit automakers to cut inventories and stabilize used vehicle prices as residents of Houston, the fourth largest city in the United States, are forced to replace tens of thousands, perhaps hundreds of thousands, of vehicles after the devastation from Hurricane Harvey. Mark LaNeve, Ford's U.S. sales chief, told analysts on Friday that following Hurricane Katrina in 2005 "we saw a very dramatic snapback" in demand. That said, Ford sales fell 2.1 percent in August. It sold 209,897 vehicles in the United States, compared with 214,482 a year earlier. Sales were down 1.9 percent in the Ford division and off 5.8 percent at Lincoln. Demand was down for cars, crossovers and SUVs. It was not clear how many vehicles in the Houston area will be scrapped, LaNeve said, saying he had seen estimates ranging from 200,000 to 400,000 to 1 million. Ford's Houston dealers may have lost fewer than 5,000 vehicles in inventory, he said. Ford is the No. 1 automaker in the Houston market, with 18 percent share, according to IHS Markit. The company plans to ship used vehicles to Houston dealers and has "every indication we would have to add some production" of new vehicles to meet demand, LaNeve said. Investor concerns about inventories of unsold vehicles and falling used car prices have weighed on Detroit automakers' shares most of this year. Now, automakers can anticipate a jolt of demand from a big market that is a stronghold for Detroit brand trucks and SUVs. "It's got to be a positive for the industry," LaNeve said. Investors appeared to agree. GM shares rose as much as 3.3 percent to their highest since early March. Ford increased 2.8 percent at $11.34, and Fiat Chrysler's U.S.-traded shares were up 5.2 percent $15.91, hitting their highest in more than five years. GM reported a 7.5 percent increase in U.S. auto sales in August, helped by robust sales of crossovers across its four brands.
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