1968 Custom Restored Garaged Vw Beetle Cali Style on 2040-cars

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VW midsize crossover production headed for Chattanooga

Potential labor woes aside, it looks like Volkswagen's Chattanooga, TN factory must have done something that impressed the bosses in Germany, because it sounds like the three-year-old factory is set to score a second model.
The factory currently builds the Passat, and has been in the running alongside VW's Puebla, Mexico factory to build a new crossover vehicle, likely based on the CrossBlue Concept. According to Bloomberg, a pair of unnamed sources have confirmed that Chattanooga is the favorite ahead of an official announcement.
When last we heard about the CrossBlue Concept, word was that a production decision had been delayed over concerns about the three-row CUV's business case. That August 2013 story claimed that a decision regarding the CrossBlue would be pushed back until early in 2014, which means we're ripe for some sort of news, whether good or bad.

Porsche board members facing another ˆ1.8B lawsuit over VW takeover bid

Back 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.

Icon goes Derelict on a 1967 VW Bus

Jonathan Ward and Icon have an eye for the little details in everything they make, and that's especially true of the company's Derelict projects. This time they are turning their attention to the '67 Volkswagen Bus. The van might look a little tired at first, but Icon gives the VW a complete makeover to keep it on the road for decades to come. Ward's client for this build had owned VW Buses before but wanted to have a truly usable one. Making that harder, she requested that the final result remain true to the essence of these classic vans. To do that, Icon let the exterior remain almost entirely stock, except for a few minor additions like the roof rack, tent, and a 110-volt outlet hidden at the back. The interior was kept looking original too, but the builders installed custom walnut cabinets and a load of modern upgrades, including air conditioning. The air-cooled boxer engine was also dumped in favor of a 2.0-liter four-cylinder sourced from a Jetta. To really understand just how much is changed, let Ward take you on a complete tour of the overhauled, vintage VW in this clip to show off all of his team's impressive work. Related Video: