69 Vw Bus Camper Westfalia Campmobile Pop Top Bay Window Kombi Van Restored on 2040-cars
Saint Augustine, Florida, United States
Body Type:Minivan, Van
Vehicle Title:Clear
Engine:Rebuilt 1600cc Upright
Fuel Type:Gasoline
For Sale By:Private Seller
Number of Cylinders: 4
Make: Volkswagen
Model: Bus/Vanagon
Trim: Westfalia
Options: Pertronix Electronic Ignition, Radial Tires, Electric Windshield Washer Fluid Pump, CD Player
Drive Type: Rear Wheel Transaxle
Safety Features: lap seatbelts for 4 in the rear, 3 point seatbelts for 2 in the front
Mileage: 78,690
Exterior Color: Vintage Blue and Beige Top
Interior Color: Black with Grey Accent
Warranty: Vehicle does NOT have an existing warranty
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Auto Services in Florida
Zeigler Transmissions ★★★★★
Youngs Auto Rep Air ★★★★★
Wright Doug ★★★★★
Whitestone Auto Sales ★★★★★
Wales Garage Corp. ★★★★★
Valvoline Instant Oil Change ★★★★★
Auto blog
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.
European car sales up 8% in February
Sat, 22 Mar 2014Three weeks ago an analyst increased projections for European car sales this year, expecting them to climb three percent compared to last year instead of 2.7 percent. That number is a postive sign after years of hard times but it turns out February was especially good, overall European sales climbing eight percent on a wave of southern European recovery and discounts - and this comes after five months of gains including January's 7.2-percent jump over the year before.
The only country of Europe's five largest markets to post a decline was France, just as it did in January, Germany, the UK and Italy posting solid double-digit numbers, Spain rocking the charts with an 18-percent increase because of a government program to encourage trade-ins.
The only brand to miss the wave was Volkswagen, dropping 0.8 percent as it watched the double-digit growth at sister brands Audi, Seat and Skoda lift the Volkswagen Group sales up by seven-percent. Peugeot overcame flat sales at Citroën to improve the group by 3.5 percent, BMW and the Mercedes-Benz/Smart combo rose by four percent, the Fiat group jumped 5.8 percent, Ford was up 11 percent, the Renault Group 11.5 percent, General Motors 12 percent and the Toyota clan by 14 percent.
CEO says Volkswagen's buying spree is over
Mon, 03 Sep 2012
After adding Italian motorcycle icon Ducati to its stable and spending $5.6 billion on the rest of Porsche, Volkswagen CEO Martin Winterkorn says he's done shopping for a while.
"We have enough to do at the moment in taking our twelve brands to where we want to be," Winterkorn tells German newspaper Handelsblatt.