2000 Volkswagen Beetle Gls Hatchback 2-door Rare Diesel Automatic 45+mpg!!! on 2040-cars
Akron, Ohio, United States
Transmission:Automatic
Vehicle Title:Clear
Body Type:Hatchback
For Sale By:Private Seller
Fuel Type:Diesel
Number of Doors: 2
Make: Volkswagen
Mileage: 130,500
Model: Beetle
Exterior Color: Green
Trim: GLS Hatchback 2-Door
Interior Color: Black
Drive Type: FWD
Warranty: Vehicle does NOT have an existing warranty
Number of Cylinders: 4
We bought this car nine years ago for our two daughters to drive in high school and college. It served them very well but now they're both out of school and it's time to serve as economical and dependable transportation for someone else.
The girls put approximately 65,000 reliable miles on the car. The economical diesel engine consistently returned 42-45mpg in city driving and nearly 50mpg on the highway. We have always had it dealer serviced and it never let them down. The tires and brakes are very good. The transmission shifts crisply and the engine starts quickly without excessive smoke. Timing belt and glow plugs done within the last 40,000 miles and receipts for all other service performed. The passenger door power window unit and heater blower are currently not working and will need repair. Also, ABS is intermittent and should be checked. Check engine light and air bag light occasionally send false signals but have been checked and reveal no issues.
We had the black accent paint done to distinguish the car even more. It does show some rock chips on close inspection but it still draws compliments. There is a dent in the right rocker panel but it has sustained no accident damage during the course of our ownership. The paint shows a few small bubbling areas but there is not visible rust. Overall, the car is very presentable for a daily driver. The cloth upholstery is also in good condition with tears or split seams.
This car should have plenty of reliable and economical miles left in it for the next owner. Rather than paying someone to repair the window regulator and heater fan, we chose to price the car very reasonably for a quick sale. It may very well be the best value on an automatic TDI Beetle available today. Please feel free to contact me with any questions or to arrange a personal inspection and/or test drive (which I encourage). The car is sold with no warranties expressed or implied. Full payment is due within one week of auction's end. I can store it for up to thirty days prior to pick up. Thank you for your interest!
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Auto blog
Volkswagen lays off 500 Chattanooga workers
Fri, 19 Apr 2013The redesigned Volkswagen Passat has been a decent seller since its debut in 2011, but sales have apparently dropped off enough that the automaker is trimming some of the employees from its Chattanooga, TN assembly plant. According to Automotive News, Volkswagen will be cutting shifts and laying off 500 contracted workers in response to slowing sales.
Currently, the plant has three teams running 10-hour shifts Monday through Saturday, but starting May 13, this will be reduced down to two teams running 10-hour shifts Monday through Thursday. This will be done to reduce dealer inventory (the article says that VW dealers, on average, have a 97-day supply of Passats) and production capacity (currently running at an annual pace of 170,000 units, which is more than the 150,000 annual units the plant was planned to produce).
This, of course, isn't saying that the Passat has been a failure since VW added 200 full-time employees to the plant in February 2012 to keep up with increased demand. The AN article says that automakers frequently overstaff plants during the launch of a new product - or in this case, a new product and a new plant - but eventually reduce the workers as things run smoother and more efficiently.
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.
VW makes $23K on every Porsche sold, more than Bentley or Lamborghini
Fri, 14 Mar 2014It's a good time to be in the luxury car business. In Volkswagen Group's financial report for the 2013 fiscal year, it is revealed that that Porsche enjoyed an operating margin of 18 percent. That means the Stuttgart brand made on average about $23,200 per car sold, according to BusinessWeek. Bentley wasn't far behind, and Audi (which was combined with Lamborghini) posted a 10.1 percent margin. This compares to only around 2.9 percent for the Volkswagen brand.
"Luxury brands are on fire," said Dave Sullivan, an industry analyst at AutoPacific. He said that the average profit margin is between six and eight percent. Brands like Porsche and Bentley have the benefit of competing in rarefied markets. Buyers looking at one their vehicles have fewer models to shop against and don't care as much about price. They can also charge more for options, which further boosts income, according to BusinessWeek.
In a way, we should be more impressed by the continued success from Audi. Its models generally have direct competitors in every segment from the other premium automakers. Plus, their buyers aren't the captains of industry who are shopping for a Bentley. Still, the Four Rings is leading rivals in sales so far this year.