2011 Volkswagen Cc Sport Turbocharged Htd Seats 28k Mi Texas Direct Auto on 2040-cars
Stafford, Texas, United States
Vehicle Title:Clear
Engine:See Description
Fuel Type:Gasoline
For Sale By:Dealer
Transmission:Automatic
Certified pre-owned
Year: 2011
Make: Volkswagen
Warranty: Vehicle has an existing warranty
Model: CC
Power Options: Power Seats, Power Windows, Power Locks, Cruise Control
Mileage: 28,829
Sub Model: WE FINANCE!!
Exterior Color: Silver
Number Of Doors: 4
Interior Color: Black
Inspection: Vehicle has been inspected
Number of Cylinders: 4
CALL NOW: 281-410-6099
Seller Rating: 5 STAR *****
Volkswagen CC for Sale
- 2010 volkswagen cc sport 2.0t auto heated seats 64k mi texas direct auto(US $13,980.00)
- 2012 vw cc r-line! we finance(US $19,000.00)
- 2010 volkswagen cc sport sedan 4-door 2.0l
- 2014 volkswagen cc r-line(US $36,165.00)
- 2010 volkswagen cc sport(US $14,494.00)
- 2012 volkswagen cc sport(US $19,563.00)
Auto Services in Texas
XL Parts ★★★★★
XL Parts ★★★★★
Wyatt`s Towing ★★★★★
vehiclebrakework ★★★★★
V G Motors ★★★★★
Twin City Honda-Nissan ★★★★★
Auto blog
BMW, Ferrari, VW cars use tungsten mined by terrorists
Thu, 08 Aug 2013Bloomberg Markets is reporting that BMW, Volkswagen and Ferrari have been using tungsten ore sourced from Columbia's FARC rebel terrorists. The extensive story focuses on Columbia's illegal mining trade and calls into question the provenance of the rare ore that is used not only in crankshaft parts production, but is also found in the world's computing and telecommunications industry for use in screens.
The ore is mined by the FARC (Fuerzas Armadas Revolucionarias de Colombia, or Revolutionary Armed Forces of Colombia - People's Army), and exported to Pennsylvania, where it is refined. The refined ore is then sent over to Austria, where a company called Plansee turns it into a finished product. Now, it's important to note that we aren't talking about the world's supply of tungsten here. In 2012, Plansee's American refinery purchased 93.2 metric tons of tungsten, valued at $1.8 million. That's peanuts, with the entire Colombian tungsten mining industry producing just one percent of the world's supplies.
That doesn't make indirectly supporting FARC any more acceptable, though. BMW, VW and Ferrari are all committed to not accepting mineral supplies from the Democratic Republic of Congo, which is also in the grips of a guerrilla insurrection funded, in part, by illegal mining. The same commitment would figure to extend to Colombian mining, but as BMW points out, it's difficult for a multi-national manufacturer to know where every item in its supply chain comes from. A company spokesperson says as much, telling Bloomberg, "These few grams out of the billions of tons of raw materials passing through the BMW supply chain are of no practical relevance."
$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.
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.
2040Cars.com © 2012-2024. All Rights Reserved.
Designated trademarks and brands are the property of their respective owners.
Use of this Web site constitutes acceptance of the 2040Cars User Agreement and Privacy Policy.
0.026 s, 7228 u