Vw Bug 1969 & Vw Super Beetle 1975 ( 2 For 1) To Be Restored, Many New Parts on 2040-cars

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$1.4B hedge fund suit against Porsche dismissed

Investors have canvassed courts in Europe and the US to repeatedly sue Porsche over its failed attempt to take over Volkswagen in 2008 (see here, and here and here), and they have repeatedly failed to win any cases. You can add another big loss to the tally, with Bloomberg reporting that the Stuttgart Regional Court has dismissed a 1.4-billion euro ($1.95B US) lawsuit, the decision explained by the court's assertion that the investors would have lost on their short bets even if Porsche hadn't misled them.
Examining the hedge funds' motives for stock purchases and the bets that VW share prices would fall, judge Carola Wittig said that the funds didn't base their decisions on the key bits of "misinformation," and instead were participating simply in "highly speculative and naked short selling," only to get caught out.
With other cases still pending, the continued streak of victories bodes well for Porsche's courtroom fortunes, since judges will expect new information to consider overturning precedent. If there is any new info, it could come from the potential criminal cases still outstanding against former CEO Wendelin Wiedeking and CFO Holger Härter, who were both indicted on charges of market manipulation.

VW updates Scirocco with revised styling, new engines

The Scirocco is undoubtedly one of the better-looking models in the Volkswagen lineup, but introduced back in 2008, it's now been on the market - some markets, anyway - for the better part of six years. VW is said to have an all-new replacement in the works, but before that arrives, the German automaker has announced a facelifted version with revised styling and a new engine lineup.
Set to be revealed at the Geneva Motor Show next month, the new Scirocco benefits from updated styling front and rear, high-tech exterior lighting, a revised cabin space with some throwback retro touches, some new technologies and, of course, an array of fresh wheel options ranging from 17 to 19 inches.
The updated Scirocco will be offered with a wide array of engines right from the get-go, including four gasoline options and two diesels, spanning from 125 horsepower all the way up to the 280-hp Scirocco R. The 2014 model hits European showrooms in August, but unfortunately isn't any more likely to make the transatlantic voyage Stateside than the version it replaces. Still interested? There's plenty to see in the high-res image gallery above and details in the press release below.

Meet ZelectricBug, the amazing '63 VW Bug converted to EV power

No word a lie, we here at AutoblogGreen are fans of classic cars. What we are not fond of, however, is the pollution that their inefficient engines create, and so it's great to see our old favorites lovingly up-cycled with electric drivetrains. The ZelectricBug is a beautiful example of how new, cleaner life can be breathed into an old Volkswagen Beetle. Now, we first came across this particular automobile during the Refuel event last summer and we were struck by its cleanly done conversion then. Aside from a few snaps in our gallery, though, we didn't give it the kind of attention it deserves. Fortunately, the good folks over at Roads and Rides have rectified this by turning their pro video camera skills onto the 1963 V-Dub and producing a nice little segment to accompany their write up. Scroll below to see the finished footage and head over to their website for some stills. If all this gives you a hankering for your own Zelectric, the company does have plans to sell to the public starting this summer. If you don't want to wait, EV West, the guys who did the drivetrain work on this car, have conversion kits available for Beetles, as well as a number of other vehicles. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.