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New details mooted about Porsche's '988' Ferrari rival

We could be on the verge of a big expansion at everyone's favorite rear-engined German sports car manufacturer. Porsche is allegedly preparing a four-car assault that will be led by a proper challenger to the Ferrari 458 Italia (sorry 911).
Code-named "988," the new model will reportedly feature a mid-engined layout and, get this: a flat-8. Autocar, which has the story, expects that engine to displace about 4.0 liters, while the car itself will draw styling inspiration from the 918 Spyder. 600 ponies and over 400 super-accessible pound-feet of torque should be on tap with the new mill.
Joining the 988's supposed eight-cylinder is a new family of four- and six-cylinder boxer engines that Autocar claims will have a focus on power density and fuel economy. These new mills will be available in naturally aspirated, turbocharged and hybrid forms.

Volkswagen reportedly to name Matthias Muller CEO

Porsche chief executive officer Matthias Muller is expected to be named CEO of Volkswagen AG, the Wall Street Journal and other sources reported Thursday morning. Muller, 62, has led Porsche since Oct. 1, 2010, and jumpstarted the sports-car brand's expansion around the world. He replaces Martin Winkerkorn, who stepped down Wednesday amid the company's worsening diesel scandal. At least three more executives are also expected to be fired, including Volkswagen's US chief and the heads of Audi and Porsche research and development. Both brands are divisions of VW. A US spokesman wouldn't confirm the reports. An official announcement is expected at VW's board meeting on Friday. Muller's ascension caps a stunning week of turmoil for Volkswagen, which manipulated software to make its diesel-powered vehicles appear cleaner during testing that they are in real-world driving. The charges were revealed last week by the EPA, which cited the work of researchers at West Virginia University. About 482,000 vehicles are affected in the United States, which will be subject to recall, and VW estimates about 11 million of its vehicles around the world have the rigged software. The well-regarded Muller was viewed as a front-runner for the job even before Winterkorn stepped down. Before helming Porsche, he oversaw all vehicle projects globally for VW from 2007-2010. Previously, he was in charge of the Audi and Lamborghini product lines, and earlier in his career was responsible for the Audi A3 program in the 1990s. He joined Audi in 1977. He's trained as a toolmaker and studied information technology in Munich. His last name is sometimes spelled Mueller in English. Muller faces immediate challenges as he takes over VW's sprawling 78-year-old industrial empire, including recalls and regulatory actions around the world. In the US alone, the company faces a fine of up to $18 billion. VW, an industrial symbol of Germany, is also far larger than any unit Muller has run in his career. While Porsche sold 189,849 vehicles in 2014 globally, it's one of many VW brands. Collectively they sold 5.04 million vehicles through the first six months of this year, making Volkswagen the world's largest automaker. Related Video:

Porsche finally gives up the goods on 2014 Macan

Preparing a beachhead in the marketplace for the 2014 Porsche Macan crossover has been a years-long project for the German company. We've been hearing and reporting on rumors of the vehicle from its ideation stage and have covered the Macan's birth thoroughly over the last 12 months, including teasers, rumors, spy shots, leaked videos and more. Now, just ahead of the LA Auto Show-debut of Porsche's first-ever compact crossover, the wait for details is at an end.
Porsche will offer the crossover in two flavors to start: Macan S and Macan Turbo. The S model will be fitted with a twin-turbocharged 3.0-liter V6 engine that makes 340 horsepower and will push the vehicle from 0 to 60 miles per hour in 5.2 seconds, then on to a top speed of 156 miles per hour. The Macan Turbo has even more impressive figures on all fronts: an all-new, 400-horsepower, twin-turbo 3.6-liter V6 engine; 0-60 mph in 4.6 seconds; top speed of 164 mph. Both models make use of Porsche's seven-speed PDK dual-clutch transmission as standard.
As impressive as these potent powertrains are the brakes Porsche is fitting to its new crossover. Six-piston monobloc fixed-caliper brakes live up front, grabbing 13.78-inch discs on the S model and tremendous 14.17-inch discs on the Macan Turbo. We're expecting serious stopping performance, to say the least.