2006 Volkswagen Beetle 2.5 Hatchback 2-door 2.5l on 2040-cars
Smyrna, Georgia, United States
Body Type:Hatchback
Vehicle Title:Clear
Engine:2.5L 2480CC 151Cu. In. l5 GAS DOHC Naturally Aspirated
Fuel Type:GAS
For Sale By:Dealer
Make: Volkswagen
Model: Beetle
Warranty: Vehicle does NOT have an existing warranty
Trim: 2.5 Hatchback 2-Door
Safety Features: Driver Airbag, Passenger Airbag
Drive Type: FWD
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Mileage: 125,516
Exterior Color: Black
Number of Doors: 2
Interior Color: Tan
Number of Cylinders: 5
This is a very good looking and good running Volkswagen Jetta 2.5L five Cylinder Engine. Heat &AC Works and CD and Radio are fine. I purchased this car from a dealer auction with the purpose of retailing it on my lot. However after I drove this car about 30 miles I noticed when I would slow down and the automatic transmission would down shift it would seem to slip back into second gear rather than a smooth transition. I added some transmission fluid to the car and it drives fine but seems to slip at the lower gears. Also there is a dent on the passenger right door that I did not notice when I bought it at auction. I have photographed the pictures of it here for you to see. If these are not clear enough for you call me and I will text you some more photos of the dent. In the back seat there is a small hole in the Leather about and inch and half across. I have a photo for you to see. The car has good miles at 125515 and other than the issues I have sited is an alright VW. My Ebay rating is high because I always tell it like it is when it comes to my cars. I am selling the Car AS IS. I am making no guarantees about the longevity of the transmission, engine or anything else on this car. This model car retails For good money according to KBB and NADA. You can buy it for much less than that. This car is a steal for the right buyer. Please do not buy this car if you have no intentions of addressing the transmission on this car. It will go for a while, but I cannot and will not make any claims how long, because it is a VW. The reason the auction price will be low on this car is because I am telling you that this car will need some work. Call me with any questions. If you win the Bid and need it shipped you will pay for your own shipping. If you live in GA you will be responsible for paying the Tax on the car. We charge a Documentation Fee of $249 which is added to the sale of the bid price. Please if you do not have any intention of buying the car, do not bid. A deposit of $500 is required 48 hours after the close of the Bid. The Car will Sell my reserve is LOW! I reserve the right to end the auction early as I do have customers who come on our lot looking to buy Beetles as well. If you have never bought anything on Ebay I will cancel your bid so do not bid unless you have at least 10 transactions or more with Ebay. I will answer any questions you have just call me at 678-629-7174 on my cell or at our office at 770-805-8600. We are in Smyrna GA so you can come by and see us if you like. Thanks for looking at this car and good fortune with your bidding.
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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.
Audi rumored to buy Alfa Romeo, officials deny it
Thu, 28 Mar 2013For more than two years, Volkswagen has been making public statements about its willingness to buy Alfa Romeo and quadruple the Italian brand's sales, and for just as long, Fiat CEO Sergio Marchionne has replied with some version of "Mr. Piëch, drop it." According to a report in Ward's Auto, all that jousting might be over: it claims that sources close to both Marchionne and Audi CEO Rupert Stadler admit that the two are in talks for Audi to buy not just Alfa Romeo, but a production plant in Italy. In fact, a final deal could possibly include partsmaker Magnetti Marelli.
Against that backdrop, a report by German news weekly Stern quotes a Fiat spokesmen as saying it doesn't comment on rumors and an Audi rep has said flatly that "There is no substance in the news." If a sale is being arranged, the timing would seem to point to how eager Fiat is to raise cash to complete its major initiatives. Even though Alfa Romeo continues to delay its return to the US, it just showed off the production version of the 4C at the Geneva Motor Show (shown above) and said that preferred Fiat dealerships here would get them. Then there's Alfa's recently concluded deal with Mazda to develop a roadster based on the next generation MX-5 Miata - a deal that would seem to help both the Italian and Japanese brands.
The monetary issues are troublesome, though. Fiat is taking a beating in the European market and its weak-kneed balance sheet is delaying gotta-have-it products like the Jeep Cherokee. Fiat has been talking to banks about getting money to buy the rest of Chrysler and those financial institutions have also raised issues about debt and cash reserves, and the nasty game of chess Fiat is playing with the United Auto Workers (and now the court system about the portion of Chrysler it doesn't own) could end up blowing another hole in Marchionne's plans. It is possible that this could finally have convinced Fiat to at least see how serious Audi's parent company, Volkswagen, is about buying Alfa Romeo. Or it could be just another rumor.
Toyota reclaims global sales crown, GM and VW not far behind
Mon, 28 Jan 2013TheDetroitBureau.com reports Toyota has retaken the global sales crown. The Japanese automaker turned out 9.75 million vehicles last year, putting it just ahead of General Motors, with 9.29 million vehicles. Volkswagen, meanwhile, filled out the podium by building 9.1 million units in 2012.
Still, Toyota numbers fell just below projections the automaker made earlier in the year, due largely to a fierce territorial dispute between Japan and China that has seen mainland buyers shun Japanese goods. But the news marks a substantial comeback for Toyota. The company fell to third place in the global production race in 2011 after tragic earthquake and tsunami caused several plant closures.
In Japan, Toyota enjoyed a sales increase of 35 percent over the previous year, while the company's worldwide sales jumped by 23 percent thanks in part to new additions to the Prius line. The automaker is forecasting yet another increase for 2013, with the company projecting to reach 9.91 million units this year. Neither Volkswagen nor GM have released their own projections just yet.