1970 Porsche 911t Targa (roller) on 2040-cars
Brook Park, Ohio, United States
Engine:Missing
Body Type:Targa
Vehicle Title:Clear
Fuel Type:Gasoline
Exterior Color: Blue
Make: Porsche
Interior Color: Black
Model: 911
Number of Cylinders: 6 (Missing)
Trim: 911T Targa
Drive Type: Missing
Mileage: 163,461
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50th Anniversary Porsche 911 vs. Jaguar F-Type Coupe is a battle of beauty, brawn
Fri, 13 Jun 2014There can't really be a loser between the Jaguar F-Type Coupe R and the Porsche 911 50th Anniversary Edition. One might be better than the other, but if you're behind the wheel of either of them, you can't complain. In a new video, Motor Trend takes on the difficult task of determining which one of these European powerhouses is the best, not just in terms of raw performance, but also how they actually feel to drive.
The Porsche 911 is one of the perennial favorites of the motoring world. It just doesn't go away and always seems capable of challenging the top vehicles in its class. In this video, Motor Trend takes a look at the 50th Anniversary Edition model that celebrates that heritage while boosting power somewhat over the standard version.
The F-Type Coupe is an incredibly masculine car, MT describing it as "a British Corvette." The coupe's exterior lines are tautly stretched over its athletic body, and it's supercharged 5.0-liter V8 sounds like a demon's growl. Jaguar seems to have things right with its latest sports car.
Porsche ready to pick itself up after Le Mans failure
Mon, 23 Jun 2014It's safe to say that things for Porsche didn't go quite as well at Le Mans this year as it might have hoped. After a sixteen-year gap, the winningest manufacturer in endurance racing history returned to the Circuit de la Sarthe this year hoping maybe not for outright victory in its first time back, but definitely a strong finish on which it could build on for next year. All the while it undoubtedly hoped its 911s would hold their own in the GT classes.
Unfortunately for Porsche, neither happened. After racing around the clock, and despite actually leading the festivities for some time, the best its 919 Hybrid could manage was an eleventh-place finish, lagging lamentably behind not only the other LMP1s (like the race-winning Audi) but also a handful of LMP2s. Meanwhile the LMGTE Pro and LMGTE Am titles went to the factory-backed teams of its arch-rivals Ferrari and Aston Martin, respectively.
Not a stellar result, in other words, but Porsche is taking it all in stride - accepting that it has a ways to go while congratulating its vanquishing rivals in the video below. It's good sportsmanship if we've ever seen it. Next year's race starts now.
Porsche board members facing another ˆ1.8B lawsuit over VW takeover bid
Mon, 03 Feb 2014Back in 2008, Porsche got the bright idea that it could take over Volkswagen in the midst of the worst economic slump since the Great Depression. Ignoring that this was a catastrophic move for the Stuttgart sports car manufacturer that that eventually resulted in it nearly going bankrupt and eventually being taken over by the same company it sought to control, the aftermath has left Porsche Chairman Wolfgang Porsche and board member Ferdinand Piëch in the crosshairs of seven hedge funds that lost out during the takeover and are now seeking €1.8 billion - $2.43 billion US - in damages from the two execs, according to the BBC.
See, investors bet on Volkswagen's share price going down, partially because Porsche said it wasn't going to attempt a takeover. But Porsche was attempting to take over VW, having bought up nearly 75-percent of VW's publicly traded shares. When word broke that Porsche owned nearly three-quarters of VW (which indicated an imminent takeover attempt), rather than go down like the hedge funds bet it would, VW's share price skyrocketed to over 1,000 euros per share, according to Reuters.
Naturally, when you bet that a company's share price is going to drop and it in turn (temporarily) becomes the world's most valuable company, you lose a lot of money, unless you're able to buy up shares before prices jump too much. This led to a squeeze on the stock, which the hedge funds accuse Porsche and Piëch (who are both members of the Porsche family and supervisory board) of organizing.