2004 Volkswagen Jetta Gli Turbo 6-speed Manual, on 2040-cars
Rockford, Tennessee, United States
2004 VW Jetta GLI
1.8L Turbo 6-speed manual transmission with good clutch 146,xxx miles Tornado Red over black Recaro interior OEM 18" BBS RC wheels with great tires Power locks, windows, and mirrors Sunroof Aftermarket head unit Exterior: The car has been regularly washed and waxed its entire life. The paint has incredibly deep reflections and very few rock chips. I recently had a full corrective detail performed on the exterior and the car receives compliments every time I drive it. There are two spots in the paint on the roof. One at the back of the sunroof and one to the passenger side of the antenna base. The original whip antenna starting breaking down at the base and I replaced it with a shorter antenna. The windows are tinted 35% all the way around. The car has been a Tennessee car for the majority of its life and has no rust or winter damage. The previous owner had the muffler replaced and it sounds excellent. Interior: The interior is in great shape. The Recaro front seats are in excellent condition and the rear bench seat is nice, but has a small spot on the center seat cushion. All of the GLI brushed aluminum trim is clean and the GLI door seals are great. The car has brand new floor mats and an aftermarket radio head with AUX input. Drivetrain/ Engine: This car is a blast to drive. It runs, stops, and handles like VWs are known for: quick, alert, and responsive. The 6-speed transmission shifts fluidly and the clutch is excellent. The brakes will stop the car on a dime and have plenty of pad left. The front rotors have a little bit of heat warpage in them. The timing belt and water pump were replaced at 90k miles. I recently replaced the alternator, battery, and had an alignment performed. Overall: This is one of the cleanest GLIs you will find with any mileage and is nearly mint for the year. It is stock (save the muffler) and has never been modified. I have tried to be as honest as possible in this ad and the new owner can expect no surprises whatsoever. I am asking $6700 and located in Knoxville, Tennessee |
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Auto Services in Tennessee
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Auto blog
$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.
2014 Volkswagen XL1 [w/video]
Mon, 11 Mar 2013World's Most Efficient Car Impresses, Not Without Compromises
Among our many duties at the recent Geneva Motor Show, we were offered a pretty exclusive drive in the new Volkswagen XL1 hyper-efficient plug-in diesel hybrid. There is so much that is interesting about a car like this reaching production from a major automaker that it's tough to know where to begin.
First off, you should know that - at least for this generation - there is absolutely no chance in Albuquerque that this "1-liter vehicle" (i.e. a vehicle that can burn just one liter of fuel to travel 100 kilometers, or 62.1 miles) will ever make it into the hands of North American customers. We, too, were having trouble imagining an XL1 in typical American traffic, surrounded by comparatively massive pickups and SUVs. The driving experience had us recalling a couple of weeks in 1999 when we drove the then-revolutionary Honda Insight hybrid on US roads. We keenly remember the feeling of being very small and vulnerable, even as we felt proudly green in our 61-mpg Tochigi pod. Thing is, the Volkswagen is smaller still, and nearly as light despite its more complex drivetrain and safety features.
Former Porsche CEO Wiedeking indicted over VW takeover bid
Thu, 20 Dec 2012Do you recall the failed efforts by Porsche to take over Volkswagen? According to a Bloomberg report, former Porsche CEO Wendelin Wiedeking (above) and ex-CFO Holger Haerter have finally been charged with market manipulation over the exercising of options as part of the German sportscar manufacturer's ill-fated attempt to take over the much larger VW. That failed bid eventually resulted in the reverse coming true - VW swallowing Porsche.
The charges leveled by Stuttgart prosecutors come after a three-year investigation centered around allegations that Porsche execs made a concerted effort to increase the company's share in VW to 75 percent in preparation for a hostile takeover. Porsche had previously told its investors on at least five occasions that it had no intention to buy VW.
Portions of the investigation have subsided, according to prosecutors, citing an inability to prove certain improprieties with a "necessary degree of certainty." The number of charges is down to 5 from a previous 14 counts regarding "information-based market manipulation."