2004.5 Mkiv Volkswagen Gli 1.8t on 2040-cars
Hermosa Beach, California, United States
Vehicle Title:Clear
Engine:1.8L 1781CC l4 GAS DOHC Turbocharged
Fuel Type:Gasoline
For Sale By:Private Seller
Transmission:6 Speed Manual
Make: Volkswagen
Model: Jetta
Options: BBS 18" Wheels, Recaro Interior Racing Seats, Cross Drilled Rotors, Sunroof, Cassette Player, CD Player
Trim: GLI Sedan 4-Door
Safety Features: Cross Drilled Rotors, Stainless Steel Brake Lines, Anti-Lock Brakes, Driver Airbag, Passenger Airbag, Side Airbags
Power Options: Air Conditioning, Cruise Control, Power Locks, Power Windows
Drive Type: FWD
Mileage: 93,765
Sub Model: GLI
Disability Equipped: No
Exterior Color: Black Magic
Number of Doors: 4
Interior Color: Factory Recaro black/grey Interior
Warranty: Vehicle does NOT have an existing warranty
Number of Cylinders: Turbo 4
Revo: Stage 2
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Auto Services in California
Woody`s Auto Body and Paint ★★★★★
Westside Auto Repair ★★★★★
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Webb`s Auto & Truck ★★★★★
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Auto blog
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.
Comedians in Cars Getting Coffee teases return with a Countach
Fri, May 29 2015Unless you have an intense aversion to Jerry Seinfeld, it's hard not to find something to like about his show Comedians in Cars Getting Coffee. After all, the series combines funny people telling often hilarious stories while riding in ridiculously cool vehicles. The trailer for the sixth season is now online, and based on this tease, this definitely looks worth watching no matter what part of the videos interest you. Of course, it's the automotive portion that really grabs us, and Seinfeld has quite a fleet to showcase for season six. The trailer shows off a Lamborghini Countach, a '57 Chevrolet Bel Air convertible, a classic Volkswagen Beetle in the green and white German Polizei livery, a Morgan, an Aston Martin DB5, and a Ferrari 308. On the more humorous side of things, the guest list at least includes Julia Louis-Dreyfus, Jim Carrey, Steve Harvey, Stephen Colbert, Bill Maher and upcoming host of The Daily Show Trevor Noah. Season six of Comedians in Cars Getting Coffee premieres on Crackle on Wednesday, June 3, at 11:30 PM ET.
GM outsold VW globaly in first quarter, Toyota reports numbers next week
Thu, 18 Apr 2013General Motors released its first quarter sales figures this week, reporting that it sold 2.36 million cars and trucks worldwide. That figure represents an increase of 3.6 percent when compared to the same period last year. GM's growth was attributed to many factors, including global Cadillac sales that were up 26 percent and Chevrolet posting a one percent increase over last year (this marked Chevy's tenth straight year of record global sales).
Volkswagen came in just behind GM, as the German automaker reported global sales from January through March at 2.27 million vehicles, an increase of five percent when compared to last year. While that number was strong, VW is cautioning that markets outside China and the US, such as those in Europe, are becoming a challenge as economies falter.
Yet to report sales is Toyota, current holder of the global world sales crown (the Japanese company sold 9.75 million cars last year, against 9.29 million sold by GM and 9.1 million vehicles sold by VW). Even though GM and Toyota both say they don't care who sells the most units, it is unquestionably a strong bragging point and sales equate to revenue. That said, Toyota will report its first quarter numbers next week.