The widget's design is obviously heavy on the revitalized Rabbit they seem to have replaced the Golf with; in fact, I can't find this widget anywhere else on VW's site besides the actual Rabbit page. On the right, the widget displays names of the events with small icons that help categorize said event (General Interest, Theatre, Music, etc.), and clicking on any event provides a brief description and links to more information.
At first a widget like this that helps promote a German car doesn't make much sense, but part of the Rabbit's marketing campaign is all about saving you money, so a free events widget then makes a bit more sense. Ultimately, it's a unique widget with a great design that's hocking quite a few events that some of you major city goers might not otherwise know about.