1974 Volkswagen Thing Aka The "rust Bucket" on 2040-cars
Fort Worth, Texas, United States
Body Type:Bucket
Engine:1600cc Aircooled
Vehicle Title:Clear
Fuel Type:GAS
For Sale By:Private Seller
Interior Color: Orange and Black
Make: Volkswagen
Number of Cylinders: 4
Model: Thing
Trim: with sexy @$$ patina
Drive Type: Rear wheel drive
Options: Convertible
Mileage: 1
Exterior Color: Pumpkin Orange
The famed "Rust Bucket" is officially on the auction block!
She got her name from her awesome patina (and a little bit of rust) and the official name of the vehicle she is based on; the Kubelwagen - translation "Bucket Car".
I love this little beast, and so does everybody else!! She is lowered sitting on polished Porsche cookie cutters rims wrapped in Smartcar rubber. I bought her several years ago and used her as my daily driver for about an year and a half. Now I only take her out when it's nice out. She stays in the garage when not in use. Her registration and safety inspection are good through March of 2014. Engine, transmission, lights, horn all work as they should. Mileage is unknown.
Engine is not original to the car. Previous owner swapped out a rebuilt one. Great compression on all four cylinders. New carb last year, new battery, alternator, and ignition switch a few years back. It had a top but it wasn't in the best shape so I took it off, thought about getting a new one but no real point to one if you always drive with it down. The back seat cushion is also missing. I never had anyone in the back and always had the seat backs down for cargo so it never really mattered to me. I do have window inserts that are practically brand new in protective sleeves as well. locking gascap with key.
There is some rust that could be cleaned up and repaired but I liked the "barn find" look so I left her the way I got her. Floors are solid with rubber mats. I do have a marine radio, extra steering wheel, and rebuildable carb to go with it.
I love this car and will own another one someday for sure. I just don't have the time for her and want her to be able to spend more time in the sun where she belongs.
If you don't know a lot about aircooled Volkswagens or Things specifically you'll want to study up because everyone and their mother will want to talk to you about her and tell you a story about their friend in college that had one.
Buyer is responsible for all shipping arrangements and cost. No overseas buyers. Make sure you have the wife's approval before bidding.
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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.
Volkswagen forced to sell stake in Suzuki
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