1968 Beetle Convertible Great Shape Garage Kept on 2040-cars
Mount Royal, New Jersey, United States
You are looking at a 1968 VW Beetle, The car has been Garage kept since I have owned the car. Since I have owned it I have replaced the engine with a little more power (1835) Transmission (to handle the engine) and the disc breaks all the way around. Car runs great but I don't drive it like I have planned on it pretty much sits in my Garage 8 plus months a year besides when I start it in the Driveway or take it to and from the store just to run it. The pictures show better then I can describe, car is not in perfect condition but it looks pretty close.
If your local please drop me a line and I can show you the car if you like, if your long distance please feel free to drop me any questions you may have and I will answer them. I have a lot of money put into this vehicle and I know I am not going to get nearly what I have in it but there is no reason to let this little guy sit around in my garage when someone could be using him and enjoying it. Last thing, Odometer reading is not correct since the engine has been replaced. Payments - Certified check, money order, or cash please. If you prefer pay-pal I would just need to verify the money was sent to them since it can take a few days for the transaction to go through especially on big purchases. ( I dislike them but I won't turn that method away either) |
Volkswagen Beetle - Classic for Sale
- 1969 volkswagen beetle convertible
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- 1978 vw beetle convertible with 60k original miles-white with a powder blue top!(US $15,500.00)
- 2008 volkswagen beetle s hatchback 2-door 2.5l
- 1967 volkswagen beetle //excellent condition// driver// n/r(US $9,800.00)
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EU formally questions French government assistance of Peugeot's finance arm
Fri, 28 Dec 2012Recently, the finance arm of PSA/Peugeot-Citroën was in such debt trouble that it was pricing itself out of the car loan market. The rates it was paying to service its debt, which was rated one step above junk, were so high that it was forced to charge car-buying customers higher rates than they could find elsewhere. This was adding to Peugeot's already impressive woes by sending revenue out the door to competitors.
Two months ago a deal was worked out with the French government whereby the state would provide 7 billion euro ($9 billion USD) in bonds to guarantee the finance arm's loans. The French government could nominate someone to join the Peugeot board, Peugeot would guarantee more French jobs, and on top of that deal, other banks would provide non-guaranteed loans. The government would take no equity stake in the car company.
Although not yet finalized, the arrangement is meant to create some breathing room for Peugeot Finance to lower its interest rates for customers, and a government-nominated board member, Louis Gallois, was recently named to Peugeot's supervisory board. The arrangement was also openly questioned by at least three competitors: Ford, Renault - which is 15-percent owned by the French government after it received state aid - and the German state of Lower Saxony, itself a 15-percent shareholder in Volkswagen.
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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.
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Volkswagen's sales in China, its largest marker, increased by 21 percent last quarter to 704,991 units. Those numbers almost tripled GM's third-quarter growth, and were enough to beat out the American automaker's 664,765 sales. GM, however, still leads in year-to-date sales in China by a slim margin of around 77,000 units. The Asian nation also happens to be GM's largest market, and according to the report in Automotive News, China's car market may grow to be larger than the US, Japan and Germany combined in three years' time.
About the news his company was bested in China by VW last quarter, GM CEO Dan Akerson is quoted saying, "It's not whether you're the biggest car manufacturer. It's whether you want to be the most profitable." It should be noted of these figures that GM includes truck figures, yet excludes Hong Kong and Macau from its Chinese sales numbers, while VW does just the opposite. Through September of this year, Volkswagen had 5 of the 10 best selling vehicles in China. GM boasted three of the cars on that list.