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Porsche to decide soon on Bugatti future

WEISSACH, Germany — Volkswagen will soon decide on the future of its luxury brand Bugatti, Oliver Blume, Volkswagen management board member and CEO of Porsche AG, said on Monday. Last week, Reuters reported that Bugatti was working on a strategic partnership with Rimac, which will likely result in a joint venture between Porsche and Rimac, with Porsche as a minority partner, Volkswagen CEO Herbert Diess said in March. "The future of Bugatti is an issue that will be decided on a group level," Porsche said in a statement, declining to comment further. Porsche boss Oliver Blume earlier this year said intense discussions on Bugatti's future were ongoing and that Rimac could play a role as the brands were a good technological fit, adding that a decision was expected in the first half of 2021.  

Toyota tops Kelley Blue Book's Resale Value Awards

Kelley Blue Book announced its annual Best Resale Value Award winners, and we weren't too surprised to see the list dominated by Japanese automakers - mainly Toyota and Honda. KBB hands out the awards based on the projected residual value of mostly all 2013 model year vehicles, and Toyota skated home with a number of awards including 10 of the 22 overall categories and having five of its products in the top 10 for models with best resale value. KBB's Best Resale Value Awards were announced in the same week as the ALG Residual Value Awards, and there were many similarities between both lists, especially when it came to Toyota.
To come up with its winners, KBB measures depreciation over the first five years of ownership, and looks for the cars it expects to hold its value the best after this time; on average, the report says the 2013 model year vehicles will lose 61.8 percent of its value in five years. Of the 22 categories, 15 slots were filled by Toyota, Honda and Nissan products, while the Camaro and Porsche (Cayenne and Panamera) each took home a pair of awards. If Toyota has anything to be upset about in this list of cars, it's that categories for Hybrid/Alternative Energy Car and Electric Vehicle went to the Ford Fusion and Chevrolet Volt, respectively.
The overall top 10 models for the best resale value in 2013 are, in alphabetical order:

Porsche 911 GT3 RS spec sheet leaked, promises 500 hp

Axis of Oversteer has three pages of what's purported to be the spec sheet for the Porsche 911 GT3 RS, and it's got a few bolded items noting key differences with the already spectacular 911 GT3. Prime among them is its output, pegged at exactly 500 horsepower and 339 pound-feet of torque, which looks at first blush to be a minor bump: just 25 hp and 14 lb-ft over the GT3, and the redline drops 200 rpm to 8,800 rpm. If the document is accurate, though, there will be a hefty dose of weight loss to make the most of it. The bodyshell and doors are aluminum, carbon fiber reinforced plastic is used for those vented front fenders (the vanes are plastic), the front trunklid, the rear engine cover, and the rear wing, while the roof is made of magnesium and the side windows are polycarbonate. The bucket seats, door entry guards, and other interior trim pieces are also fashioned from CFRP, and it gets lightweight door panels with pull-loops. Elsewhere around the coupe, the body grows wider by 50 millimeters in front and 30 mm in back over a track that's 36 mm wider. There's a pit-lane speed limiter for track days, tinted taillights, an optional Clubsport package with a six-point seatbelt, and GT3 RS logos everywhere. It's looking more and more like this car was developed to define the word "epic." Featured Gallery Porsche 911 GT3 RS spec sheet Related Gallery 2016 Porsche 911 GT3 RS News Source: Axis of Oversteer Geneva Motor Show Porsche Coupe Performance 2015 Geneva Motor Show porsche 911 gt3