2002 5 Speeds Diesel Volkswagen Jetta Tdi Sedan 4-door 1.9l on 2040-cars
Beltsville, Maryland, United States
Engine:1.9L 1896CC 116Cu. In. l4 DIESEL SOHC Turbocharged
Vehicle Title:Clear
Body Type:Sedan
Fuel Type:Diesel
For Sale By:Private Seller
Sub Model: TDI
Make: Volkswagen
Exterior Color: Blue
Model: Jetta
Interior Color: Gray
Trim: TDI Sedan 4-Door
Warranty: Vehicle does NOT have an existing warranty
Drive Type: FWD
Number of Cylinders: 4
Options: Cassette Player, 4-Wheel Drive, Leather Seats, CD Player
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Power Options: Air Conditioning, Cruise Control, Power Windows
Number of Doors: 4
Disability Equipped: No
Mileage: 286
YOU WILL WANT TO DRIVE THIS CAR EVERYWHERE. SPENT ALMOST NO MONEY UB FUEL AND BLAST TO DRIVE.
Volkswagen Jetta for Sale
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Auto Services in Maryland
Wes Greenway`s Waldorf VW ★★★★★
star auto sales ★★★★★
Singer Auto Center ★★★★★
Prestige Hi Tech Auto Service Center ★★★★★
Pallone Chevrolet Inc ★★★★★
On The Spot Mobile Detailing ★★★★★
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.
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.
UAW tactics called into question at VW's TN plant
Thu, 26 Sep 2013The United Auto Workers is in hot water with some of the very workers it is trying to unionize at Volkswagen's Chattanooga assembly plant. According to The Tennessean, eight Volkswagen factory workers have filed complaints against the UAW with the National Labor Relations Board, claiming the union "misled or coerced" them into formally asking for union representation.
The UAW has instituted a major push at the Chattanooga plant to represent the 2,500 hourly laborers that build the VW Passat by using what's called a card-check process. The tactic is opposed by the National Right to Work Legal Defense foundation, the group representing the workers. The card-check process demands that a company recognize a union that obtains the signatures of more than half its workforce, according to The Tennessean. This tactic is in contrast to the more traditional route, which sees employees vote on union representation.
The workers filing the complaint claim that the UAW told them the cards merely called for a secret ballot, rather than an outright demand for union representation. Workers also allege that the UAW has made it overly difficult to reclaim their signed cards, some of which were signed so long ago that they have been rendered invalid. Although the cards can force a company's hand, federal law still allows the company to ask for a secret ballot before yielding to unionized workers.