2000 Volkswagen Cabrio Gl Needs Programmable Key 148,487 Miles "selling As-is" on 2040-cars
Norristown, Pennsylvania, United States
For Sale By:Dealer
Engine:2.0L 1984CC 121Cu. In. l4 GAS SOHC Naturally Aspirated
Transmission:Automatic
Body Type:Convertible
Vehicle Title:Clear
Make: Volkswagen
Disability Equipped: No
Model: Cabrio
Number of Doors: 2
Trim: GL Convertible 2-Door
Doors: 2
Drive Type: FWD
Drive Train: Front Wheel Drive
Mileage: 148,487
Exterior Color: Red
Sub Model: GL NEEDS PRO
Interior Color: Black
Number of Cylinders: 4
Options: CD Player, Convertible
Safety Features: Anti-Lock Brakes, Driver Airbag, Passenger Airbag
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Volkswagen Cabrio for Sale
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Convertible - automatic - leather - power top - runs great - no reserve auction!
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If VW defaults on loans it may sell Bentley or Lamborghini
Mon, Dec 7 2015If something goes catastrophically wrong with Volkswagen Group's recent $21 billion loan, brands like Bentley or Lamborghini could hit the auction block. According to two insiders to Reuters, the beleaguered German automaker agrees with its creditors to sell assets if the company somehow can't pay back the debt in a year. One of these anonymous people claimed the company hasn't yet deliberated over what to sell. However, the sources were willing to speculate that the power engineering portion of Man could be among the first to go. "Volkswagen may also consider divesting luxury car brands Bentley and Lamborghini or motor bike brand Ducati, although these units don't really move the needle," an insider said to Reuters. VW Group negotiated with the banks earlier this week to get the massive loan. The cash is necessary as a buffer in case the automaker doesn't have enough money on hand to repair vehicles or settle upcoming fines. VW would reportedly issue bonds in the spring to begin paying the debt. The company's bills will start racking up quickly in the new year. German authorities mandate a recall there in early 2016, and repair campaigns in the US for the 2.0- and 3.0-liter diesel engines are inevitable. There are also hundreds of class-action lawsuits to settle. The company needs to resolve its CO2 emissions scandal in Europe, too. In response to these financial threats, VW management created a cost-cutting plan to slash the research and development budget by $1.1 billion next year.
Porsche-Piech buy 10% stake in VW's holding company
Tue, 18 Jun 2013In August, 2009, as the scuttled merger of Porsche and Volkswagen had gone bad and Porsche was backed up against the ropes, Porsche Automobil Holding SE (PAHSE) relinquished a ten-percent stake in itself to Qatar Holdings as well as options it held on 17 percent of VW shares. The sale meant that, for the first time since the founding of the company 61 years before, an entity outside the Porsche and Piech families had a say in the running of PAHSE.
Buying that ten-percent stake back returns full ownership to the two families, the holding company's sole possession being ownership of 50.7 percent of VW's common shares. The price paid wasn't disclosed, but at market rates the purchase would be worth close to $1.25 billion. Qatar intends to hold onto the 17-percent stake it has in Volkswagen.
1 in 7 Americans say they might buy an EV next, as sales of electrics surge
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