Runs And Drives, Needs Some Work. Very Cute Car For Its Age. on 2040-cars
Narrowsburg, New York, United States
A cute, quick Volkswagen Jetta is up for auction. 6,000 miles on its rebuilt engine, 153,000+ overall. It's been lowered, so it rides kind of hard. Leather interior is in good shape. Good gas mileage, since it's a 4-cylinder. Power sunroof / moon roof works great. Clean, and very little rust or dents considering it is 15 years old. Snow tires on the front are less than a year old. NYS Inspection is good until December, 2014. I am selling this "as is", with no warranty, so come and look at it and drive it. Kelley Blue Book value is $1306 in its current condition and mileage. I've included several picture, but if there is something else you would like to see, just ask. And yes, that is a Batman headliner.
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Volkswagen Jetta for Sale
- S low miles 4 dr sedan automatic gasoline 2.0l 4 cyl platinum gray metallic(US $13,000.00)
- Turbo diesel !just serviced !just inspected !leather! warranty ! black/black !11(US $12,980.00)
- 4dr automatic se pzev low miles sedan automatic gasoline 2.5l 5 cyl reflex silve(US $14,500.00)
- Sel low miles 4 dr sedan automatic gasoline 2.5l 5 cyl black(US $16,000.00)
- 12 tdi cd player sirius radio heated leather sunroof keyless entry
- 2.5l sel bluetooth nav signal mirrors - turn signal in mirrors power steering(US $15,446.00)
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$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.
VW reveals Outback-rivaling Golf Alltrack ahead of Paris
Wed, 24 Sep 2014The Volkswagen Passat Alltrack is getting a baby brother at this year's 2014 Paris Motor Show in the form of a new Golf Alltrack. Like its larger sibling, the little wagon is supposed to offer light-duty off-road driving ability combined with a more rugged look to show it off.
To give the Golf Alltrack that soft-road ability, VW is outfitting the wagon with its latest 4Motion all-wheel drive system from Haldex. The setup can decouple power from the rear-axle when not needed to save fuel. To further improve traction, the Alltrack gets VW's electronic differential lock, and the car can individually brake its inside wheel during hard cornering for better handling.
Volkswagen also wants the Alltrack to be able to visually show that it can handle getting away from the pavement, even though it starts life as a standard Golf wagon. That means jacking up the suspension an extra 0.75 inches and adding black moldings all the way around the car. There are also redesigned bumpers for the front and rear and silver underbody protection, plus new accents like anodized roof rails and silver mirror caps. The interior is essentially unchanged from the wagon, except for altered trim and Alltrack badges.
Skoda unveils Volkswagen Up!-based Citigo
Tue, 27 Sep 2011This is the all-new Skoda Citigo, and if you're thinking that it looks rather familiar, that's because its Volkswagen-badged kin recently debuted at the 2011 Frankfurt Motor Show. That's right, the long-rumored Skoda version of Volkswagen's new Up! city car has finally arrived.
Buyers will have a choice of two 1.0-liter three-cylinder engines - one with 59 horsepower, the other with a 74 hp and a blistering 106 mph top speed - both mated to a five-speed manual transmission. Powerful they are not, but these three-bangers should prove to be extremely efficient, with Skoda quoting fuel economy numbers of 62.8 and 60.1 miles per gallon, respectively (on the European cycle).
Being a Skoda, the Citigo will go on sale in its home market of the Czech Republic this fall, with the rest of Europe getting the car next summer. Follow the jump for Skoda's official release.