2006 Vw Jetta Turbo Diesel *navigation * 45+ Mpg * 1-owner * No Reserve on 2040-cars

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Former Porsche execs acquitted of stock manipulation charges

A German court acquitted former Porsche CEO Wendelin Wiedeking and former CFO Holger Harter of stock manipulation charges, according to Bloomberg. Prosecutors alleged the men hid plans to takeover Volkswagen while publicly denying their intentions to investors. The presiding judge didn't find any merit to those claims, though. "There is nothing to the allegations, absolutely nothing," Judge Frank Maurer said, according to Bloomberg. "There was no secret plan to take over VW." Rather than Porsche taking over VW, the exact opposite eventually happened, and both execs stepped down. Investigators first indicted Wiedeking and Harter for alleged stock manipulation in late 2012. A court in Stuttgart dismissed the case in 2014 because of a lack of evidence, but an appeals court later overruled that decision. The current trial finally began in October 2015. If convicted, Wiedeking faced up to 30 months in prison, and Harter could have received up to 27 months, Bloomberg reported. Prosecutors also wanted one million euro ($1.1 million) fines from them and 807 million euros ($910 million) from Porsche. The acquittal might not be the end of this long-running case, though. In Germany, prosecutors have the right to appeal a ruling, and the lawyer hasn't made a final decision yet. If the court thinks there's a reason, the former execs could be back in front of a judge at some point in the future.

How the VW diesels perform in cheat mode

Are you tired of the Volkswagen diesel emissions scandal? Yeah? We are, too. But here's a story that, at the very least, gives us something resembling answers about one of the most important questions surrounding the firestorm – how will the affected cars perform when they're in their emissions-cheating test mode? Consumer Reports was able to find out, tapping into what it believes is the cheat mode. By turning the car to accessory mode, flipping on the hazards, and tapping the gas pedal five times, CR was able to defeat the auto-engaged traction and stability controls, which it believes activates cheat mode. The safeties will reengage if it detects the rear wheels spinning, so the next step was what CR called "a hack." The team unplugged the rear wheel sensors, so the car's computers couldn't tell whether the wheels were spinning. By the way, don't try this at home. With that done, CR hit the road, testing both a 2011 Jetta Sportwagen TDI and a 2015 Jetta TDI sedan in their normal and cheat modes. Why both cars? Well, the 2011 uses the EA188 diesel, which represents the bulk of the affected cars, while the newer Jetta uses the latest EA288, which just arrived for model year 2015. The results are, in a word, interesting. The EA188 engine lost 0.6 seconds on the way to 60 miles per hour while in emissions-compliant cheat mode, and fuel economy fell from 50 miles per gallon to 46. For the newer EA288, the 0-60 difference was negligible – just a tenth of a second – while the fuel economy dipped from 53 to 50 mpg. There are a few takeaways here. First of all, and as suspected, running in cheat mode did hurt both performance and fuel economy. But perhaps more importantly, even in emissions-compliant mode, both vehicles easily beat their EPA fuel economy estimates. According to FuelEconomy.gov, the highest rated 2011 TDI Sportwagen, the manual-trans model, was rated at 30 mpg city and 42 mpg highway, with a combined rating of 34 (the auto drops the city and combined ratings by one mpg, while the highway falls by three). The best a 2015 Jetta TDI sedan can do according to Uncle Sam, meanwhile, is 31 city, 46 highway, and 36 combined with the manual (again, the auto is worse, but only by a single highway mpg). Related Video:

VW could fight Uber Black with Porsche and Audi vehicles

Last week, the Volkswagen group dumped $300 million into Gett, a taxi hailing-cum-ride sharing app that's big outside of the US. Now, the company has revealed that it's pondering a rival to Uber Black by offering private drivers access to its higher-end vehicles. Details are scarce since it's a single line reference in a very long press release, but VW says that it's looking at a "special chauffeur service" that features "premium brands, such as Audi and Porsche." What that looks like in reality is anyone's guess, although the idea of getting ferried around in an Audi RS 7 does have some appeal. The deal with Gett will concentrate on getting Volkswagen cars into the hands of Gett's drivers with the promise of juicy discounts. For instance, the firm will offer a special package that'll bundle car insurance and servicing with the purchase price, which can be paid by a would-be operator in installments. It's a similar deal to the one that Uber offers would-be drivers, letting them buy cars from manufacturers like Volkswagen, Ford and Toyota at a discount. Uber, however, also lets prospective cabbies rent their vehicle on a monthly basis, thanks to a deal with Enterprise. Both of which will likely become more muscular now that Uber has a further $3.5 billion in its back pocket. The troubling fact for the auto industry is that people will still need cars, but it's likely that they won't need as many as they do right now. On-demand services and self-driving vehicles are, after all, intended to shuttle around cities like an ersatz taxi-cum-metro system rather than sitting in parking lots. The concepts of ownership that we currently hold dear (and the profits that car companies get from them) are likely to fade away in the next, say, fifty years time. As such, conglomerates like VW will have to reinvent themselves as both manufacturer and transport company in one. But these changes are never easy, especially when the biggest car firms have tons of baggage that slows down their progress. Many are still devoting time and resources to producing thousands of new cars with combustion engines that will be on the roads for years to come. Looming in the shadow, however, is the emissions scandal, with the financial and reputational penalties likely to be felt for years to come. Younger, more nimble rivals without legacy businesses, like Tesla, are working on mass-producing electric cars for mass-market prices.