Volkswagen Golf Gti 20th Anniversary Hatchback 2-d on 2040-cars
Corsicana, Texas, United States
2003 Volkswagen GTI 20th Anniversary Edition #1706 1 of only 1,000 in Black Magic Pearl color. 1 of only 4,000 20th Anniversary GTIs. After retiring from the Army early 2006 I bought this car as a retirement project. It was a low mileage rebuildable salvage vehicle that the original owner had hit the left front end hard enough to pop the two font airbags, bend the hood, left fender, front bumper, and cracked the bumper cover, radiator and radiator support. It was a fun project where I put the vehicle completely back to stock using all OEM replacements parts and had the repaired areas painted by a local shop. It was then Retitled with a Texas blue title with rebuilt comments and it turned out to a very fun, quick little car that was/is a joy to drive. 1.8 Turbo motor 6sp Manual Transmission Now in 2015 it is still a fun car and only has 62k miles and it runs and drives like it should. During the intervening years; -The car was bumped at a 4 way stop hard enough that it broke the left taillight, cracked the rear bumper cover, and damaged the rear hatch. I picked up some used OEM parts and had that same Body shop fix it up.
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Auto Services in Texas
Your Mechanic ★★★★★
Yale Auto ★★★★★
Wyatt`s Discount Muffler & Brake ★★★★★
Wright Auto Glass ★★★★★
Wise Alignments ★★★★★
Wilkerson`s Automotive & Front End Service ★★★★★
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Submit your questions for Autoblog Podcast #299 LIVE!
Mon, 10 Sep 2012We record Episode #299 of the Autoblog Podcast tonight, and you can drop us your questions and comments via our Q&A module below. Subscribe to the Autoblog Podcast in iTunes if you haven't already done so, and if you want to take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight.
Discussion Topics for Autoblog Podcast Episode #299
2013 Honda Accord
2014 Volkswagen GTI to start a new hot hatch era in Geneva
Tue, 26 Feb 2013The upcoming Geneva Motor Show is going to be stocked with important new production models and sexy concept cars, but hot hatch enthusiasts will undoubtedly see it as the coming out party of the MkVII Volkswagen GTI. And while we've only got European specifications and pricing to go on for now, we can tell from the get-go that the new GTI will be a proper heir to VW's hot hatch legacy.
This seventh-generation GTI is powered by a turbocharged, direct-injection 2.0-liter four-cylinder engine, which makes 220 horsepower and 258 pound-feet of torque in base form. For the first time ever, Volkswagen is also offering a performance pack for the GTI as well, which ups the horsepower to 230 (torque remains unchanged). With a slightly lower curb weight to push around - the new base car weighs 2,978 pounds versus 3,034 for the current three-door GTI - 0-62 miles per hour is now achieved in 6.5 seconds, and top speed is 153 mph. (Cars with the performance pack offer 0-62 mph in 6.4 seconds, and a 155-mph top speed.) Buyers my choose between a six-speed manual transmission or an optional six-speed DSG unit.
Visually, the new GTI has obviously adopted the slant-nosed looks of the MkVII Golf, though with plenty of added drama. The exterior is dominated by the 17-inch "Brooklyn" wheels wearing 225-section rubber, and the aggressive front fascia gets black honeycombed inserts in the upper and lower grille sections. At launch, Volkswagen will offer the GTI in three colors: the Pure White seen here, Tornado Red and Black. Tartan patterned seats are of course still an option for the interior, while the GTI-specific steering wheel and shift knob are standard.
Porsche board members facing another ˆ1.8B lawsuit over VW takeover bid
Mon, 03 Feb 2014Back 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.