The Volkswagen Beetle

The Volkswagen Beetle, officially the Volkswagen Type 1, is a two-door, four passenger, rear-engine economy car manufactured and marketed by German automaker Volkswagen from 1938 until 2003.

VW 1300 (1972) with an aftermarket rain shield over the engine hatch air vents.

The need for this kind of car was formulated by Adolf Hitler, leader of Nazi Germany, wishing for a cheap, simple car to be mass-produced for the new road network of his country.

He contracted Porsche in 1934 to design and build it to his exacting standards.

On 26 May 1938, Hitler laid the cornerstone for the Volkswagen factory in Fallersleben. The factory had only produced a handful of cars by the start of the war in 1939; the first volume-produced versions of the car's chassis were military vehicles, the Type 82 Kübelwagen (approximately 52,000 built).

The amphibious Type 166 Schwimmwagen (about 14,000 built).

The factory produced another wartime vehicle: the Kommandeurwagen; a Beetle body mounted on a 4WD Kübelwagen chassis. The Kommandeurwagen had widened fenders to accommodate it's Kronprinz all-terrain tires. 669 Kommandeurwagens were produced up to 1945. Mass production of civilian VW cars did not start until post-war occupation.

Dr. Ferdinand Porsche

After World War II, the car was officially designated the Volkswagen Type 1, but was more commonly known as the Beetle. During the post-war period, the Beetle had superior performance in its category with a top speed of 115 km/h (71 mph) and 0–100 km/h (0–62 mph) in 27.5 seconds with fuel consumption of 6.7 l/100 km (36 mpg) for the standard 25 kW (34 hp) engine. In 1949 the car was exported to the US.

On 17 February 1972, when Beetle No. 15,007,034 was produced, Beetle production surpassed the previous record holder, the Ford Model T. By 1973, total production was over 16 million, and by June 1992, over 21 million had been produced.

The final original VW Beetle (No. 21,529,464) was produced at Puebla, Mexico, 65 years after its original launch, ending an unprecedented 58-year production run.

The last Beetle was produced in Puebla, Mexico, in July 2003. The final batch of 3,000 Beetles were sold as 2004 models and badged as the Última Edición. Production in Brazil ended in 1986, then started again in 1993 and continued until 1996.

VW 1303/Super Beetle (1973)

Widget Contact RSS

Pre-Civil War baseball card brings $179K at auction

(Reuters) - A rare pre-Civil War baseball card that was handed down as an heirloom within the family of a ballplayer for more than 150 years fetched $179,250 at an auction in Chicago on Thursday. The Brooklyn Atlantics team card from around 1860 was sold at Heritage Auction’s Platinum Night Sports Auctions

The auction featured a variety of sports memorabilia items, including a New York Yankees game jersey worn by Mickey Mantle in 1966 that sold for $322,650 and the shoes worn by Muhammad Ali in the 1975 “Thrilla in Manila” bout against Joe Frazier. $1,497

Those fetched $119,500.

The 24-inch Olympic torch is the first major piece of Jenner memorabilia to go to auction since the victor of the 1976 Olympic Decathlon Gold Medal became Caitlyn Jenner. The torch made $ 24,000. Sylvester Stallone is parting with memorabilia from the "Rocky" and "Rambo" movies. The 69-year-old entertainer announced Thursday that he'll put hundreds of props and costumes from his 40-year career up for auction in October. Items include Rambo's Army jacket and Rocky's gloves, robe and boxing trunks.

Boxing trunks worn by actor Sylvester Stallone in the 1982 movie Rocky III.

David Cassidy, 65 the singer and former star of "The Partridge Family" television series is auctioning his waterfront home and all its furnishings Sept. 9 as part of bankruptcy and divorce proceedings. A sequined glove worn by Michael Jackson has been sold at auction for a whopping $64,000.

“Mad Men” fans will have a chance to buy props, wardrobe pieces and set decorations used in the series — including Don Draper’s suits and his 1965 Cadillac Coupe de Ville. Nearly 1,400 items from the series will open for online bidding at ScreenBid, starting Friday, July 31. Lots will begin closing Aug. 6.

Widget Contact RSS

George Weston Limited - WN.t

George Weston Limited - WN.t was founded in 1882 and is a major Canadian public company, representing Canada’s largest food and drug retail businesses through its control of Loblaw Companies Limited and Loblaw’s recent acquisition of Shoppers Drug Mart. With over 2,300 stores the retail operations reach most Canadians everyday. Through Weston Foods, Weston is one of Canada’s leading bakers. Weston also controls Choice Properties REIT.

On July 31, 2015 the company released Numbers

George Weston Limited (TSX: WN) ("GWL" or the "Company") today announced its consolidated unaudited results for the 12 weeks ended June 20, 2015. GWL's 2015 Second Quarter Report to Shareholders has been filed with SEDAR and is available at sedar.com and in the Investor Centre section of the Company's website at weston.ca.

"We are pleased with George Weston Limited's performance in the second quarter of 2015. We remain focused on delivering stable long term growth and profitability and creating long term value for shareholders", said W. Galen Weston, Executive Chairman, George Weston Limited.

Pavi Binning, President, George Weston Limited, commented that "In the second quarter, Loblaw continued to execute against its strategic framework, delivering solid results in both food and drug retail. Weston Foods delivered sales growth and results in line with expectations which reflected the impact of increased capital and incremental investments in targeted areas".

CONSOLIDATED RESULTS OF OPERATIONS

GWL's second quarter 2015 adjusted basic net earnings per common share increased to $1.33 from $1.25 in the same period in 2014. The increase of $0.08 was primarily due to an improvement in operating performance at Loblaw Companies Limited ("Loblaw"), partially offset by a decline in operating performance at Weston Foods.
________________________________

http://pennystockjournal.blogspot.com/2015/02/george-weston-limited-wnt.html

Contact RSS