2006 Volkswagen Vw Jetta Tdi Sedan 4-door 1.9l Turbo Diesel One Owner Auto Mk5 on 2040-cars
Garden Grove, California, United States
Body Type:Sedan
Vehicle Title:Clear
Engine:1.9L 1896CC 116Cu. In. l4 DIESEL SOHC Turbocharged
Fuel Type:Diesel
For Sale By:Dealer
Make: Volkswagen
Model: Jetta
Warranty: Vehicle does NOT have an existing warranty
Trim: TDI Sedan 4-Door
Options: CD Player
Drive Type: FWD
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag, Side Airbags
Mileage: 134,300
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Sub Model: TDI
Exterior Color: Gray
Number of Doors: 4
Interior Color: Gray
Number of Cylinders: 4
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Porsche again staring down another $1.8B in hedge fund lawsuits
Wed, 15 May 2013The sequence of events from 2007 that began with Porsche's secret attempt to take over Volkswagen, and instead lead to Porsche being taken over by VW, continues to instigate lawsuits against the Stuttgart sports car manufacturer. A group of hedge funds that suffered over $1 billion in losses sued the car company in New York. Porsche had publicly stated it wasn't trying to buy VW, the hedge funds in question were shorting VW stock, and when Porsche's actual intentions were revealed, the stock shot up and the hedge funds took a beating.
The case was thrown out over the issue of jurisdiction, then appealed, only to see another suit filed on top of that. After that, most of the hedge funds withdrew their claims in New York and Porsche offered a 90-day window to refile in Germany where it is already fighting a number of other suits over the same issue. The hedge funds accepted the offer, refiling in Stuttgart for $1.8 billion in damages. According to Bloomberg, Porsche hasn't commented on the refiling, but as the same plaintiffs are involved, it's safe to assume that the carmaker still feels the case is "unsubstantiated and without merit." It has fared alright so far even in German courts, with two lesser cases against it thrown out last year.
Submit your questions for Autoblog Podcast #299 LIVE!
Mon, 10 Sep 2012We record Episode #299 of the Autoblog Podcast tonight, and you can drop us your questions and comments via our Q&A module below. Subscribe to the Autoblog Podcast in iTunes if you haven't already done so, and if you want to take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight.
Discussion Topics for Autoblog Podcast Episode #299
2013 Honda Accord
VW builds 250,000th Passat in Chattanooga in just two years
Sun, 26 May 2013It hasn't been without incident or union organizing drive, but the Volkswagen plant in Chattanooga, TN has built its 250,000 Passat in just a little over two years. The Night Blue Passat TDI with black leather has come just two years and five weeks after the first customer car came off the line on April 18, 2011.
In the last year the plant operated at the 150,000-unit capacity that it was intended for, but the downturn in Passat sales and subsequent worker layoffs mean it will be a challenge to repeat the feat. The plant does have the world's largest solar park, though, and you can't take that away from them.
You'll find the official hand-clapping in the press release below.