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$1.4B hedge fund suit against Porsche dismissed

Investors have canvassed courts in Europe and the US to repeatedly sue Porsche over its failed attempt to take over Volkswagen in 2008 (see here, and here and here), and they have repeatedly failed to win any cases. You can add another big loss to the tally, with Bloomberg reporting that the Stuttgart Regional Court has dismissed a 1.4-billion euro ($1.95B US) lawsuit, the decision explained by the court's assertion that the investors would have lost on their short bets even if Porsche hadn't misled them.
Examining the hedge funds' motives for stock purchases and the bets that VW share prices would fall, judge Carola Wittig said that the funds didn't base their decisions on the key bits of "misinformation," and instead were participating simply in "highly speculative and naked short selling," only to get caught out.
With other cases still pending, the continued streak of victories bodes well for Porsche's courtroom fortunes, since judges will expect new information to consider overturning precedent. If there is any new info, it could come from the potential criminal cases still outstanding against former CEO Wendelin Wiedeking and CFO Holger Härter, who were both indicted on charges of market manipulation.

Porsche 911 GT3 RS looks wicked, this way comes

Those who didn't think Porsche went extreme enough with the latest 911 GT3 likely won't be disappointed when the more focused GT3 RS arrives. And as you can see from these latest spy shots, it looks like it's speeding right around the corner. Tipped to debut at the Geneva Motor Show this coming March, the new Porsche 911 GT3 RS is shaping up to be an enthusiast's dream - and with the prospect of a GT2 in doubt, could be the most hardcore Elfen in the range. Instead of the 3.8-liter flat-six in the current GT3, the new RS will pick up where the previous limited-edition GT3 RS 4.0 left off, with four naturally aspirated liters of unadulterated boxer power channeling a good 520 horses to the rear wheels. That will be a significant increase over the existing 475-hp GT3 and will match the 911 Turbo for output (if not the 560-hp Turbo S) and without any turbo lag to slow down the action, either. Whether it will keep the GT3's dual-clutch gearbox and four-wheel steering system, or ditch one or both for a more analog approach, remains to be seen, but we're holding out hope. Either way, the modifications to the bodywork ought to make the GT3 RS stand out even further and stay glued to the race track it will call home. Notice the deep front splitter scooping up snowflakes like a shovel, a massive rear wing (which may or may not be the final production version), the Turbo-spec rear end with air intakes ahead of the rear wheels, and a set of awesome-looking gills over the front wheels – all of which you can scope out in the gallery full of spy shots above.

Porsche testing new 911 GTS

Porsche may have one more vehicle in its stable with the GTS moniker, if these spy shots are any indication. They show off the presumed 911 GTS lapping the track - the model meant to slide in under the GT3 to be a bit more driver-friendly but still very fast alternative to a stock Carrera.
At first glance, it might look like any other 911, but the devil is in the details. The most obvious among the differences are two centrally mounted exhaust outlets, rather than the ones closer to the corners on most of the current models. They also aren't perfectly in the center like the GT3. The taillights are also somewhat thicker than the current ones, and the rear decklid is split into three exposed sections.
This is the third time we've seen the presumed GTS. The first was as a coupe late last year. Then it showed up again in March testing in convertible form. Although, that version also sported fender vents at the rear.