1997 Volkswagen Jetta Gl on 2040-cars
Kittery, Maine, United States
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We bought this car as a project for my son. He took it out without permission and rolled it into the ditch next to the house. Because he did so he ripped off the exhaust and tore up the brake lines (which needed to be replaced) and now has an empty reservoir, and the e-brake cable is broken. I will tell you what the previous owner has told me about the car when we purchase it a couple of weeks ago. It needs a clutch, brake lines, has a bad coolant hose, and needs body and floorboard work. The tires had been recently replaced (one is bad now- so 3 good tires), front brake work was done, bumper and one fender were recently replaced, and a roof rack added. I thought, "Ok, aside from the clutch all are easy fixes we can do in our spare time." Well, my son added to the list of repairs and expenses and now I would like to recoup some of the money we spent and minimize the loss. Now, I'll sum up all the other nasties the previous owner didn't mention. The alarm system has been disconnected for some reason, but the electrical seems fine. The floorboards were worse then we previously thought... rolling it into a ditch revealed this. Aside from the floorpans, underneath the car doesn't look bad for any other rust. Biggest RUST issues are the floorpans, driver's door and rocker, and the gas tank door surround. The passenger side rocker could use a patch, but not in terrible condition. The rest of the body appears solid. Clear coat is peeling. Engine starts right up and runs great. The coolant leak I did not really investigate. Doesn't appear to be heavy, no white smoke, and no coolant in the oil, and compression is good. The interior needs a little work, but overall is very clean (previous owners took nice care of the interior). The ignition switch has a little bit of over-travel... once you start it you need to turn it back about 1/8". This will be a great car for someone who has the time and energy. Buy to fix or use as a good parts car. Would like to see someone get some use out of it, but the scrap yard will give me close to what I paid for it. I will give you a quick list of what I know this car needs: 1 new tire, brake lines, floor board repairs, clutch, e-brake cable, exhaust, coolant hose, and body work. If you can do this yourself, you have a car that needs about $1,200 in repairs for a nice running car. So, come on up to beautiful Kittery, Maine and get this out of here! I'll be happy to answer any questions. If pertinent, I'll revise ad to reflect your inquiries. |
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$1.4B hedge fund suit against Porsche dismissed
Wed, 19 Mar 2014Investors 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.
2014 Volkswagen Golf GTD is our favorite oil-burning GTI
Tue, 05 Mar 2013
The 2014 Volkswagen Golf GTD has officially bowed at the 2013 Geneva Motor Show. Engineers managed to squeeze an additional 14 horsepower and 22 pound-feet of torque out of the familiar 2.0-liter turbodiesel four-cylinder engine, nudging total output to 184 hp and 280 lb-ft for 2014. The figures are good enough to earn the GTD the honor of being the most powerful diesel Golf in Volkswagen history. A start/stop system helps improve efficiency over the previous generation with the new model consuming 56 miles per gallon on the EU cycle. That's up from the 2013 model's 46 mpg. A six-speed manual transmission is standard equipment, though a six-speed dual-clutch gearbox is also available.
The GTD also offers buyers a few aesthetic tweaks to help separate the hatch from its less potent siblings. Those include a more aggressive front fascia, special badges and 17-inch alloy wheels. Expect to find the GTD in one of three exterior colors, including Tornado Red, Black and Pure White. Check out the quick press release below for more details.
Volkswagen names new chief designer for Bentley
Thu, Jun 4 2015The Volkswagen Group has named one of its own to head up the design department at its Bentley division. The role now falls to Stefan Sielaff, who has been with the group (off and on) since 1990. Sielaff is principally an interior designer, but has been tasked with setting up numerous overall design offices for Volkswagen and Audi over the years. In his new capacity he'll be reporting to the group's chief engineer Rolf Frech (and oddly not to Bentley chief Wolfgang Durheimer), but at the same time, Sielaff will retain his role as head of interior design for the entire VW group, reporting to its chief designer Walter de Silva. Sielaff replaces Luc Donckerwolke, who has headed up Bentley design since 2012 and is leaving the company. We'll be on the lookout to see where Donckerwolke lands next. Crewe/Wolfsburg, 04 June 2015 Stefan Sielaff to head design at the Bentley brand • Sielaff also responsible for Group Interior Design Strategy Stefan Sielaff (53), currently Head of the Volkswagen Design Center in Potsdam, will assume responsibility for design at the Bentley brand effective July 1, 2015 in addition to his present post as Head of Group Interior Design Strategy. As Director of Design at Bentley, Sielaff succeeds Luc Donckerwolke (49), who held this function since 2012. Stefan Sielaff joined the Volkswagen Group in 1990, beginning his career in the interior design department at Audi. From 1995 the design graduate was entrusted with setting up the Group's Design Center Europe in Spain. In 1997 he was placed in charge of the Design Studio in Munich and was appointed Head of Audi Interior Design in the same year. In 2003 Sielaff moved to DaimlerChrysler as Design Director of the Interior Competence Center, returning to the Volkswagen Group in 2006 to become Head of Audi Design before being appointed Head of the Volkswagen Design Center in Potsdam und Head of Group Interior Design Strategy in 2012. In his new function as Director of Design at Bentley, Sielaff reports to Rolf Frech, Board Member for Engineering. In his function as Head of Group Interior Design Strategy he continues to report to Walter de Silva, Head of Group Design. Luc Donckerwolke has decided to leave the company. De Silva said: "Luc Donckerwolke has played a key role in the design of various Group brands. We would like to thank him for his work." Related Video: News Source: Volkswagen Design/Style Hirings/Firings/Layoffs Bentley Volkswagen