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1985 Porsche 911 rally-style classic to be auctioned for good cause

Porsches are supposed to inhabit race tracks, winding roads, and wide, flashy boulevards, right? Not all of them. Take this 1985 911 Carrera, which was has been converted into a rally-style toy that we'd love to sample on a dusty, tree-lined section of dirt. Nicknamed #Luftauto, this lovely 911 is being auctioned off by RM Sothebys during Luftgekuhlt, an event dedicated to air-cooled Porsches and put together in part by Porsche racer Patrick Long. The car has been extensively modified, both aesthetically and in terms of outright performance. We're digging the 15-inch Braid wheels, custom rally lights, and an Auto Foreign Services roof rack on the exterior. The cabin gets a custom rollbar, but it's the driver interfaces we're really drooling over – there's an OMP steering wheel and a CNC-milled shift knob made of walnut and maple, while driver and passenger will be kept in their fancy Recaro seats by Schroth Rallye harnesses. The limited tweaks to the numbers-matching, 3.2-liter flat-six – the headers and exhaust have been swapped with SSi units – do wonders for the Porsche's already impressive soundtrack. The engine isn't a new unit, of course, but it's fresh off a major round of service. There are ample suspension mods, too, with a custom-designed KW setup and long-travel dampers. A cool car being put up for auction is exciting enough, but the profits from #Luftauto are going to something even cooler – cancer research. In particular, the money made will be donated to the Autumn Leaves Project, a charity that's dedicated to battling pancreatic cancer. For those not familiar, pancreatic cancer is one of the most despised, merciless forms of cancer around, infamous for its ability to remain undetected until it's far too late to combat. It's a truly hateful disease. You can check out #Luftauto in action in the video up top. It crosses the block on April 10 in Los Angeles. Additional details can be found at the Luftgekuhlt website. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.

VW, Mobileye to bring new automated tech to series production

Volkswagen will bring new automated driving technologies to series production as it deepens its partnership with Mobileye in automotive driving technologies, Europe's biggest carmaker said on Wednesday. Israeli automotive tech company Mobileye will provide driving assistance software based on its SuperVision and Chauffeur platforms to VW's luxury brands such as Audi, Bentley, Lamborghini and Porsche. The technologies, which later will be integrated by VW's software unit Cariad, include assistance systems for highway and urban driving, such as automated overtaking on multilane highways, automatic stopping at red lights and stop signs, and support in intersections and roundabouts. "New automated driving functions will significantly boost convenience and safety," VW Chief Executive Oliver Blume said. Mobileye is also set to supply further automated driving software to Volkswagen's commercial vehicles unit. In future, the German carmaker aims to rely on its own complete in-house software system. (Reporting by Christoph Steitz, writing by Andrey Sychev, Editing by Miranda Murray and Madeline Chambers)

German judge 'inclined to dismiss' hedge fund lawsuit against Porsche

Last year, around two dozen investors, including hedge funds, leveled a 1.4 billion euro ($1.95 billion at the time) lawsuit against Porsche in connection with the automaker's attempted takeover of Volkswagen in 2008. The Stuttgart Regional Court dismissed the case. Around 19 of those plaintiffs are heading back to court to appeal the ruling and still hope to get 1.2 billion euros ($1.4 billion). However, according to one German judge, the chances for success aren't any better this time around. "On balance it's our view that we consider the lawsuit, or the appeal, to be unpromising for several reasons," Gerhard Ruf, a judge in Stuttgart, said to Reuters. "We are inclined to dismiss the case." The court's ruling on the appeal will be announced on March 26. The investors' case hinges on Porsche's strategy surrounding the botched takeover. The sports car maker said that it wasn't trying to control VW, when in fact it was. These hedge funds had bet against Volkswagen stock, but the share price surged when Porsche's plan inevitably came to light. Investors have sued the sports car company multiple times since then in attempts to recoup billions of dollars. However, none of the lawsuits have been successful, whether attempted in the US or Germany. Former Porsche CEO Wendelin Wiedeking and and CFO Holger Haerter might still stand trial for the alleged stock manipulation, though. News Source: ReutersImage Credit: Matthias Rietschel / AP Photo Government/Legal Porsche Volkswagen lawsuit hedge funds porsche lawsuit