2007 Vw Gti, 6 Speed, Low Miles, Airride, Bbs, Shaved on 2040-cars
Vernon Hills, Illinois, United States
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Here is a totally one of a kind GTI with low miles. This car garners attention wherever it goes, and has had a ton of online exposure as well. This car means a lot to me and the only reason I'm selling is because I have too many cars as it is. Lets start out with the basics: it has 46,000 miles on it with no mechanical issues present. The car is far from stock, however mostly oem parts were used in the build. The exterior is in 9.9/10 condition with a lot of tasteful, subtle mods: the front end was lightly damaged by a tire tread on the highway, which coerced me into buying a Jetta Wolfsburg front upper and lower center grille ($300) with r-line fog grilles ($120) housing projector foglights ($120), the front bumper is a stock gti bumper with the ugly washer covers and sidemarkers professionally shaved ($600-$800) and an oem Votex Lip installed ($300). The fenders aren't mangled like many lowered cars are, and neither are the quarters. The stock body has ugly rubstrips running down the sides, with something like 18 holes to hold them in. These strips have been shaved, filled, and welded like they were never there. The sideskirts are votex sideskirts ($200), and the rear bumper is an oem r32 unit ($800+paint) with a rare shaved lower valence ($300). The entire car has been resprayed in a custom pearl white (looks hyper white in most light, but put it under a parking lot light or in a parking garage and the blue really comes out (my favorite feature on the car) The taillights are oem euro led's ($550). The car will come on a set of rare BBS Impuls in MINT condition, and sized at 18x8/9et38 with good tires ($2,500 before tires). Also included are the factory huffs with Michelin Pilot Aplin 2/3s with tons of tread left. The car is sitting on a top of the line airride system, no cheap parts anywhere in this system. It has airlift slam series front bags, with ss5 rears mounted in d-cups. The management is accuair e-level (the best) with a cleanly installed rocker switch to control it, with dual 444c compressors, 3/8 inch line, dual watertraps (the airride kit without the trunk setup is $4000)The trunk has a completely custom dual tank hardline setup painted to match the exterior of the car ($1500 just for the parts and hardware alone). Inside you will find a semting touchscreen navigation headunit with wiring that needs to be checked since it produces a lot of static, a complete oem leather seat swap, a euro dash cubby euro lower dash cubby, euro switch, full led lighting, (the sub and amp will not be included, but the wiring will be left in. Move on to the engine bay and you will find a neuspeed pflo intake, an external oil catch can, oem rev D diverter valve, APR stage one ecu, full mount kit including engine, trans, and dogbone mounts to make the car more dynamic ($500 for the mounts). Any issues the car has are extremely minor, and like I said this is a well known and appreciated car in Chicago, with a bit of a following. I was going to part it out but decided that someone on here might be able to get as much enjoyment out of it that I did. Its a great driver with an almost perfect exterior, and an almost perfect interior (no blemishes or tears anywear).
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VW pondering low-cost sub-brand for China?
Wed, 30 Jan 2013More detail is being sketched into the Volkswagen Group's plan to launch a low-cost brand for emerging markets. Late last year a German report quoted a VW rep saying that the brand has been interested in building a no-frills car, the kind that would challenge Dacia and Datsun, for a while. With both Proton and Suzuki effectively out of the partnership picture, a report in Reuters suggests VW could go straight to China, developing a car with its joint venture partners and building and selling it there.
Officially, company CEO Martin Winterkorn said the issue of a model for emerging markets would be decided this year but VW isn't any closer to confirming any kind of plan for a car in its portfolio underneath the Up!, remarking to Reuters about the China possibility, "That's an issue we're currently looking at."
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.
Audi spending an additional $2.5 billion on expansion through 2019
Thu, Jan 1 2015Every year, it seems the Volkswagen Group announces a new and larger spend to push growth and profit, with Audi a regular recipient of the moolah. That's reasonable, seeing as hauls in 40 percent of Group operating profits. In December last year Audi said it would spend an additional 100 million euros ($122M US) per year through 2018 to develop new models and expand production, targeting 60 models by 2020 and luxury sales leadership. This month Audi said it will boost that by another two billion euros ($2.5B US) over the next five years, for a total outlay of 24 billion euros from 2014 to 2019. Something like 70 percent of those billions will be spent on new models, technology like "connectivity and lightweight construction," and factory expansion at its plants in Ingolstadt and Neckarsulm. Most of the ten models that will plump the lineup to 60 cars will mainly be aimed at the C and D segments, as well as crossovers, the brand's burgeoning portfolio of PHEV models, and all-electric cars that will begin staking ground in the segment. The big spend comes at the same time as Audi is working hard to reduce costs by $2.5 billion to maintain profitability, part of a larger push by VW to cut costs by $6.1 billion by 2017. More than a billion euros will go to new factories in Mexico and Brazil. Work begins on the Mexico plant next year, and when it comes on-line in 2016, Audi's Q5 successor will roll out of its warehouse doors; Audi has already announced it will hire 850 more workers next year in Mexico. When that's done, Mexico's production of German luxury cars will only trail that of Germany, China and the US. The company's Brazil plant will produce the A3 and S3 starting next year, and the brand figures luxury car buying there will triple by 2017. News Source: Reuters Earnings/Financials Plants/Manufacturing Audi Volkswagen Luxury Mexico Brazil ulrich hackenberg