2012 Volkswagen Eos Lux on 2040-cars
3235 US Highway 1 South, St Augustine, Florida, United States
Engine:2.0L I4 16V GDI DOHC Turbo
Transmission:6-Speed Automatic with Auto-Shift
VIN (Vehicle Identification Number): WVWFW7AH4CV009328
Stock Num: CV009328
Make: Volkswagen
Model: Eos Lux
Year: 2012
Exterior Color: Black Uni
Interior Color: Cornsilk Beige
Options: Drive Type: FWD
Number of Doors: 2 Doors
Mileage: 26500
Volkswagen has outdone itself with this gorgeous-looking Eos convertible. This sleek beauty comes fully equipped with a Volkswagen Certification, Navigation System, Power Convertible HardTop, Premium Touchscreen Radio, Push Button Start, Rain sensing wipers, Integrated roll-over protection, Power moonroof, Leather Seating Surfaces, Alloy wheels, Bluetooth Mobile Telephone Connectivity, Comfort Heated Front Seats, Front dual zone A/C, Front fog lights, Heated door mirrors, Leather Shift Knob & steering wheel, Power driver & passenger seats, Steering wheel mounted audio controls and Turn signal indicator mirrors. Volkswagen Certified Pre-Owned means you not only get the reassurance of a 2yr/24,000 mile Bumper-to-Bumper Limited Warranty, but also a 112-point inspection/reconditioning, 24/7 roadside assistance, and a complete CARFAX vehicle history report.
All prices are plus tax, state fees and $599.50 dealer fee. Vehicles listed are subject to availability and prior sale.
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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.
UAW tactics called into question at VW's TN plant
Thu, 26 Sep 2013The United Auto Workers is in hot water with some of the very workers it is trying to unionize at Volkswagen's Chattanooga assembly plant. According to The Tennessean, eight Volkswagen factory workers have filed complaints against the UAW with the National Labor Relations Board, claiming the union "misled or coerced" them into formally asking for union representation.
The UAW has instituted a major push at the Chattanooga plant to represent the 2,500 hourly laborers that build the VW Passat by using what's called a card-check process. The tactic is opposed by the National Right to Work Legal Defense foundation, the group representing the workers. The card-check process demands that a company recognize a union that obtains the signatures of more than half its workforce, according to The Tennessean. This tactic is in contrast to the more traditional route, which sees employees vote on union representation.
The workers filing the complaint claim that the UAW told them the cards merely called for a secret ballot, rather than an outright demand for union representation. Workers also allege that the UAW has made it overly difficult to reclaim their signed cards, some of which were signed so long ago that they have been rendered invalid. Although the cards can force a company's hand, federal law still allows the company to ask for a secret ballot before yielding to unionized workers.
Volkswagen Group names Paefgen head of classics program
Tue, 04 Oct 2011You may remember the name Franz-Josef Paefgen. Until recently, the German engineer and executive was head of both Bentley and Bugatti. Before that he was chief executive of Audi, after working for several years at Ford. He technically "retired" earlier this year, but like the cars he helped create, an executive like Paefgen could never really retire. So it should come as little surprise that the Volkswagen Group has named Dr. Paefgen head of its Classic program.
In his new capacity, Paefgen will oversee the historic automobile activities of the entire VW Group, including those of Volkswagen, Seat, Skoda, Audi, Lamborghini, and of course Bentley and Bugatti. It strikes us as a suitable semi-retirement for the man responsible in no small part for the Bugatti Veyron and Bentley Mulsanne, to name just two, and who was decorated in 2006 by the ACO as the "Spirit of Le Mans" for his contribution to endurance racing. Read the official announcement after the break.