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1998 Volkswagon Passat 1.8t , 4 cylinder turbo , 4 speed automatic transmission front wheel drive. This car was assembled in Germany and has been in my family for 3 or 4 years now and has been very reliable , never let us down . I bought it used and drove this car as a 2nd car for a year or so (in the winter primarily to keep the kms of my truck) and then loaned it to my it to my sister in law for almost a year when her car went down . I then gifted it to my mother in law who has her grandson on her policy and he has been driving it for the last year for work from Hamilton to Kitchener. He is currently driving the car until he takes delivery of his newer car next week , if you want a test drive I will do my best to accommodate but can't guarantee it . To my knowledge It has never been in an accident or at least not well we have owned it . An undercover police officer backed into the front driver side fender recently though and i replaced the corner turn signal light on both sides so they would match , i also pushed out the dents and touched up the paint where needed and for it's age still shines up pretty good . It is not an eyesore... look at the pictures It starts , runs and drives and stops very well in my opinion . All the lights gauges and glass are good ,It has power windows and locks and as far as i know they are also operational . The car is as clean underneath as it is on the surface look at the pictures. The cruise control doesn't work ... never has while we have owned it , the ABS module is non functioning (not part of safety) and the ABS light is on as a result , the light is obnoxiously bright yellow so i placed a removable piece of electrical tape over it on the panel , very common on these VW cars ,the heated seats also don't work . The transmission shifts smoothly without slipping , the tip-tronic feature is non functioning... again typical of these VW's The AC does still work how ever the fan switch went on the car so until that part is replaced no AC , I replaced the fan resistor and the fan motor when the switch went as those are usually the common cause however i was wrong , go figure , I have wired in the fan to a toggle switch so the windshield will still defrost or de-fog when required . The tires are snow tires and have approx 60-80% tread , one of them picked up a nail recently at a construction site though and the full size spare is on the car . All 4 tires hold air like they should.... The brakes work , not sure about the parking brake though ? . The exhaust is solid however there is a leak in the flex pipe that should be welded to make it more quiet however it's not obnoxious at this point , sounds a bit like a quiet diesel . I changed the spark plugs recently for routine maintenance and the car uses or leaks about 1/2 a litre of oil in between changes ... again normal for a VW . This would make a great student , 2nd or commuter car.... It's built solid like a tank yet fuel efficient and if maintained will last indefinitely . The check engine light is NOT on so it should e-test ok , I will e-test it if i have time as i know the price of this auction will go up based on the fact if it passes ... Again it is being sold AS IS , I will not ship this car under any circumstances however I would feel comfortable driving across the province in it ... Not that I am willing to do so. If you ask me a stupid question ? you will surely get a stupid answer... Bid accordingly My feedback is strong , I don't play games and have been honest about everything ,Only bid if you have the money , no zero feedback bidders PLEASE or I may cancel your bid if you don't contact me first .... I may also end the auction at any point if I get a strong bidder with high positive feedback . Again no reserve so bid early or you will be disappointed . I'm starting the auction at what the wrecker will give me if I drive the car in , any more will be a bonus and will all be passed onto my mother in law . Here is a HD youtube video of the Passat running , i took the video today with my blackberry .... Mike |
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Volkswagen forced to sell stake in Suzuki
Mon, Aug 31 2015The six-year-long failed marriage between Volkswagen and Suzuki has finally come to an end. Almost. An arbitration panel in London issued its final verdict which, according to a VW press release, cleared Suzuki in terminating the agreement, so VW now needs to get rid of its 19.9-percent share. However, the tribunal's decision said VW performed all of its obligations and Suzuki didn't – the Japanese carmaker should have given VW last-call rights for a delivery of diesel engines, but failed to. The breach opens Suzuki up to damage claim, but so far VW only says it reserves the right to sue. Now that Suzuki has an outside investor to provide funds it meant to get from VW, perhaps both can get back to their reasons for being. The press release is below. Ruling in arbitration proceedings: Cooperation between Volkswagen and Suzuki deemed terminated - Arbitral tribunal confirms Volkswagen met contractual obligations and finds that Suzuki has ordinary right to terminate agreement based on reasonable notice - Volkswagen to dispose of its 19.9 percent stake in Suzuki and expects positive effect on Company's earnings and liquidity from transaction - Arbitrators also find that Suzuki breached its contractual obligations to Volkswagen under the agreement and that Volkswagen has right to claim damages Wolfsburg, 30 August 2015 - An arbitral tribunal in London has announced its ruling in the dispute between Suzuki Motor Corporation and Volkswagen Aktiengesellschaft. As a result, cooperation between the two parties is deemed terminated. The arbitrators confirmed that Volkswagen met its contractual obligations under the cooperation agreement and found that Suzuki has terminated the agreement upon reasonable notice. Volkswagen will therefore now dispose of its 19.9 percent stake in Suzuki and expects a positive effect on the Company's earnings and liquidity from the transaction. The arbitral tribunal also confirmed that Suzuki breached its contractual obligations to Volkswagen under the agreement and that Volkswagen has the right to claim damages. "We welcome the clarity created by this ruling. The tribunal rejected Suzuki's claims of breach and found that Volkswagen met its contractual obligations under the cooperation agreement. Nevertheless, the arbitrators found that termination of the cooperation agreement by Suzuki on reasonable notice was valid, and that Volkswagen must dispose of the shares purchased.
Auto execs surveyed say VW, BMW most likely to grow
Thu, 17 Jan 2013A new survey of top global automotive executives indicates both Volkswagen and BMW are the most likely to grow their market share over the next five years.
Tax advisory firm KPMG LLP has released its 14th annual Global Automotive Executive Survey, which includes responses from over 200 executives. A total of 81 percent of respondents said they expect to see Volkswagen make gains, compared to 70 percent last year. BMW, meanwhile, saw 70 percent of those surveyed say they believe the company will increase its market share. That's a jump of 7 percentage points over last year. This is the first time in the history of the survey that BMW has claimed the second-place spot.
Meanwhile, Hyundai has seen its perceived market share potential slacken for the third year in a row. Around 61 percent of those surveyed predicted gains for Hyundai, down from 63 in 2012. Toyota also has a surprising year, but for just the opposite reason. While the manufacturer had slipped in ranking since 2011, it enjoyed the largest increase of any company in the 2013 survey, jumping to 68 percent from 44 percent last year.
Giorgetto Giugiaro launching new design firm
Mon, Sep 21 2015Giorgetto Giugiaro may have sold his remaining shares in the Italdesign firm he started, but he's not about to retire from the business altogether. According to an interview with Automotive News Europe, he's starting a new design consultancy. And he's taking his son, Fabrizio, with him. After working for established design houses Bertone and Ghia, the celebrated designer founded Italdesign Giugiaro in 1968. In 2010 he and his son Fabrizio sold 90.1 percent of the firm to the Volkswagen Group, with Fabrizio initially carrying on as its chief designer before Wolfgang Egger replaced him. Just months ago, the Giugiaros sold their remaining stake and resigned their seats on the board of Italdesign. The move came hot on the heels of the departure of ousted board chairman Ferdinand Piech, a longtime friend of Giorgetto's and the driving force behind VW's acquisition of Italdesign. Just because they're no longer affiliated with Italdesign Giugiaro doesn't mean, however, that the Giugiaros won't be designing cars anymore. They're reportedly working on establishing a new design house, and are discussing potential contracts with unnamed Chinese and South Korean automakers. The father-son pair could set up shop in a refurbished existing location (as the pragmatic Fabrizio favors) or build a new studio from the ground up (as the visionary father prefers). We'll have to hold on to see what direction the new firm takes, but most of all, we'll be looking forward to seeing what designs it produces. News Source: Automotive News Europe - sub. req.Image Credit: Volkswagen Design/Style Hirings/Firings/Layoffs Volkswagen italdesign giugiaro Giorgetto Giugiaro




