1985 Porsche 928 5 Speed Guards Red/cashmere 36,000 Miles Very Clean Cold Ac on 2040-cars

Auto blog

Ferrari IPO may turn out to be good news for enthusiasts

Sergio Marchionne's strategy to spin off Ferrari from FCA and make the Italian automaker a publicly traded company has been met with ire from a vocal contingent of enthusiasts ever since rumors about the plan began to surface a few years ago. Some of these particularly pessimistic automotive pundits have voiced fears that with stockholders in the mix, it would not only spell the demise of the exclusive Italian supercar maker as we know it, but would in fact "ruin" the company. Call me dense, but I fail to see what the issue is. That isn't to say that I don't understand what's causing the fear. When profitability becomes a higher priority for a brand that's historically relied on exclusivity to keep its products in the highest echelons of desirability, there's a high potential for internal philosophical conflict. And then there are concerns about the sorts of products that Ferrari might develop that aren't the high-performance sports cars that the brand is known for. But individuals with those apprehensions seem to forget that Ferrari has already lent its name to a multitude of things that are not LaFerraris, 488 GTBs, or F12 Berlinettas, including clothing, headphones, and even laptops. But let's assume for a moment that the core anxiety is about future vehicles – including the unspeakable notion that Ferrari might develop an SUV. Why wouldn't Ferrari build an SUV, especially after seeing how incredibly successful that endeavor has been for Porsche? I think it's likely that Ferrari will put engineers to task creating some sort of crossover or high-rolling cruiser with room for the whole family at some point in the near future. And why wouldn't it, after seeing how incredibly successful that endeavor has been for Porsche? After all, the Cayenne accounted for more US sales in 2013 than the Boxster, Cayman, 911, and 918 combined, and it only gave up about a thousand units of sales last year to make room for the Macan crossover, the latter of which Porsche sold nearly as many of as it did Boxsters and Caymans. People want these vehicles, and they're willing to pay quite a bit of money for them. If we use Porsche's recent trajectory as a foreshadowing metric for what's in store for Ferrari, the future actually looks pretty good. After all, those SUV sales keep plenty of cash in Porsche's coffers for the low-volume projects that we enthusiasts love, like the 918 Spyder and the 911 GT3 RS.

The 2014 Ruf RCT offers rear-drive action with 911 Turbo fun

Ruf has 37 years of experience of turning Porsches into even higher performance machines. For the 2014 Geneva Motor Show, it's unveiling the RCT, or Ruf Carrera Turbo, which offers power to split the difference between Porsche's 911 Turbo and Turbo S models.
The RCT starts with a unique body kit with a new front air dam and drastically changed rear deck that combines both a small spoiler and air intake. Power is provided by a twin-turbocharged, 3.8-liter flat-six with 525 horsepower and 502 pound-feet of torque paired to either a seven-speed manual or seven-speed dual clutch transmission. That gives the Ruf a 5-hp and 15-lb-ft advantage over Porsche's own Turbo but is still less powerful than the full Turbo S. The RCT sprints to 62 miles per hour in 3.5 seconds and to a top speed of 196 mph.
However, the Ruf's big advantage is that it offers buyers the choice of either rear-wheel drive or all-wheel drive, while Stuttgart's turbo models are only available spinning all four wheels. The RCT can also offers upgrades like an integrated roll cage and custom suspension packages, should the buyer be so inclined to splash out on racing kit.

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.