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Porsche-Piech buy 10% stake in VW's holding company

In August, 2009, as the scuttled merger of Porsche and Volkswagen had gone bad and Porsche was backed up against the ropes, Porsche Automobil Holding SE (PAHSE) relinquished a ten-percent stake in itself to Qatar Holdings as well as options it held on 17 percent of VW shares. The sale meant that, for the first time since the founding of the company 61 years before, an entity outside the Porsche and Piech families had a say in the running of PAHSE.
Buying that ten-percent stake back returns full ownership to the two families, the holding company's sole possession being ownership of 50.7 percent of VW's common shares. The price paid wasn't disclosed, but at market rates the purchase would be worth close to $1.25 billion. Qatar intends to hold onto the 17-percent stake it has in Volkswagen.

Chevy Corvette Stingray defeating rivals where it matters most

Everything is coming up roses for the award-winning Chevrolet Corvette Stingray, as new data from the North American Dealers Association dissected by GM Authority reveals that America's sports car is handily outselling two of its more expensive rivals.
Through June of 2014, the NADA notes that the Corvette has rung up 17,744 sales, handily besting the Porsche 911 and positively spanking the SRT Viper. Of course, you're sitting there thinking, "Corvette is outselling the much more expensive Porsche and Viper. Sky blue, water wet." But what's impressive here is just how thoroughly the Chevrolet is beating its two rivals, with this data serving as a testament to just how popular the seventh-generation sports car has become.
So far this year, Porsche has managed to move 5,169 911s, according to NADA. Considering that the base model starts at nearly $15,000 more than the most heavily optioned Stingray, and that Porsche owners have a vast, expensive options catalogue to select from, Stuttgart's sales are still plenty impressive in relation to the nearly 18,000 Corvettes sold.

Another naked Porsche 911 GT3 RS caught in Stuttgart parking garage

With its reveal not expected until the Geneva Motor Show in April, we have to wonder why there'd be a rode-hard-put-away-wet 2016 Porsche 911 GT3 RS sitting out in the open, completely uncovered. It's one thing to be caught out on the street or in triplicate at a Swedish gas station, but it's another thing to be on what looks like daily driving duty – there's a child's seat in the passenger's throne. Instagram user Johan9ff snagged it, and in response to a query in German as to how, he answered in German (per Google Translate) that he found it in a parking garage in a fitness center in the Stuttgart suburb of Killesberg. Based on its muddy front lip and bug-spattered paint job, the coupe has been naked out on the street and traveling quickly. Out of its camouflage it looks just like we've been led to expect based on the patent photos and the recent winter spy shots, but this time we get an up-close view of the vents over the front wheels. We have one word to say about them: filthy. And if you're wondering about those turbo-like vents on the rear haunches, no, this isn't a GT2 – Porsche has said there won't be a GT2, the current race-certified GT3 RSR has those vents (occasionally found on the previous version as well), and the GT3 RS has already been leaked in scale-model form. This is it. Based on comments left on Porsche forums, production will be limited by the number of orders – the new engine won't meet European regulations coming into force, so it won't be manufactured after this year. Deliveries are said to start at the beginning of summer; those who bought the 918 Spyder will get first dibs, and you can be certain there won't be enough of these to go around. Speaking of that engine, it's said to be good for somewhere between 510 to 525 horsepower, a PDK transmission getting power to staggered wheels, 20-inchers in front, 21-inchers in the back. Johan9ff has slowly been posting Instagram photos of the beast, we're hoping he got at least one of the interior. Those seats looks mega. Bring on Geneva. Featured Gallery 2016 Porsche 911 GT3 RS News Source: Johan94ff via Instagram Spy Photos Porsche Coupe Luxury Performance