Volkswagen: Beetle - Classic Super Beetle Converti on 2040-cars
Kittanning, Pennsylvania, United States
PLEASE FEEL FREE TO E-MAIL ME, ILL BE GLAD TO ANSWERE ALL YOUR QUESTIONS : rudishrodger8i5@emailasso.net
1972 VW Super Beetle Convertible in very good condition. Runs and drives excellent. Goes down the road very straight and stops straight too. The paint is white and is a re-spray from a few years ago and presents itself very well. No rust issues. Not show quality, but very nice. The running boards and body are very solid. Wolfsburg Edition Wheels and almost new radial tires 165 80 15. Interior is black vinyl with black carpet in very good condition. Has after market Cassette player with rear speakers. All electronics (lights, wipers, radio, gauges, flashers, interior light, panel lights, etc.) work as they should. The convertible top is in great condition with a clear glass window. Comes with tonneau cover for the convertible top too. The glass is all in nice condition and the windows roll up and down as they should. The engine starts without effort and does not ping, smoke or have any weird noises.
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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.
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A patent doesn't mean the Up Buggy will ever move beyond the sheet-of-paper stage, but Autocar says VW is studying the market to see if a production version is feasible. We can't see North America ever getting it, but even so, we wouldn't complain if they made it - especially if they put an exposed engine in back that was set off by 18-inch-long twin tailpipes jutting straight up into the air. However, for a company that aims to be the world's number-one automaker by 2018, a niche vehicle for its mass-market brand would be a surprising use of resources.