2004 Volkswagen Passat Gl Tdi, Diesel on 2040-cars
Fincastle, Virginia, United States
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This 2004 Passat TDI is a rare diesel car that I have owned for more than half of its mileage. I will continue to drive it 45 miles or so daily with confidence until it sells so the mileage will be increasing. The fuel economy is excellent. Visit the government crash test websites to review the high scores that it has for crash safety. It was recently inspected and passed without issues. I changed the oil and filter this month. The heat and air conditioning works as it should. The Tiptronic transmission option makes this car really fun to drive if you want to take control over the automatic transmission. It will have the owners manual, and 2 key/remotes. It is clean and has never been smoked in. It is showing signs of its age such as cloth seat wear, interior door handle finish wear, an intermittent temperature sensor for the dashboard temp indicator (does not affect engine behavior) and an intermittent left rear electric door lock that works manually. Most paint has chips have been filled over to prevent rust. There a few minor dings on the body. The pictures detail the rough spots. It is soon due for a timing service that is customary for this engine as preventive maintenance. This is a used car that I am selling as is without any warranty, no shipping, and no delivery. The buyer must make arrangements to pick up or transfer it. The title is clear and will be signed when the transaction is confirmed through Paypal. A down payment deposit to paypal of $1000 is required. Buyer must arrange for balance payoff (paypal preferred) and pickup within 14 days of purchase (negotiable). The down payment may be non-refundable if the sale is not completed in agreed terms. |
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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.
Silverado HD, Touareg V10 TDI face off in diesel tug-of-war
Sun, 30 Dec 2012A couple weeks ago, we watched a Chevrolet Silverado get dominated by a Dodge Ram Heavy Duty in a fullsize pickup tug-of-war, but in that truck's defense, Chevy's Vortec gas engine was no match for the torquey Cummins turbo diesel. For our next round of vehicular tug-of-war, a Duramax-powered Silverado HD takes on Volkswagen Touareg V10 TDI.
Now, on paper, putting the Duramax V8's 365 horsepower and 660 pound-feet of torque up against the V10's 310 hp and 553 lb-ft looks like an easy win for the Bowtie, but unfortunately, this battle has a similar result as the Dodge versus Chevy video, with the Silverado smoking its tires trying to move forward as it gets pulled backwards. Put another way: YouTube 2, Chevy Silverado 0.
It just goes to show, though, that big tires, bolt-on fender flares and goofy smoke stacks don't improve your towing abilities. Besides, what did the Silverado driver expect when the Touareg V10 TDI has towed a Boeing 747 in the past?
Volkswagen Cross Up! aimed at rugged lifestyle folks, complete with plastic cladding
Wed, 06 Mar 2013If you thought there was nothing wrong with the Volkswagen Up! that a little body cladding wouldn't fix, you're in luck. VW has officially pulled the wraps off the production version of the Cross Up!, and its wheel arches and rocker panels are full of the black plastic cladding you've been yearning for.
In addition to the "particularly rugged design and tough, lifestyle qualities" that the cladding exudes, VeeDub has also seen fit to put its Cross Up! on a new set of 16-inch alloy wheels clad in 185/50-series tires. Inside, there are new kick plates to go along with a dash pad that can be had in red, black or silver.
All that cladding must equal additional off-road readiness, right? Well, sure... just so long as you're fine with the same 75-horsepower three-cylinder engine that all other Up! models also feature, along with a five-speed manual transmission sending power to the front wheels, again, just like all other Up! models. The Cross Up! appears to have a taller ride height than other models, but we haven't been able to find out what - if any - changes have been made.