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Porsche's former CEO Wiedeking to stand trial over VW-share manipulation

Former Porsche CEO Wendelin Wiedeking (left in the above photo) could potentially be facing some time in the slammer after all. The last we had heard, he and former Chief Financial Officer Holger Haerter (right) had avoided a trial in April due to a lack of evidence. However, an appeals court in Stuttgart has looked at the case again and overruled the earlier decision, finding that the executives should be tried for share manipulation during Porsche's failed attempt to take over Volkswagen in 2008, Bloomberg reports.
The judges in the appeal "list numerous indications that could suggest that there was a hidden decision to increase the stake as they could suggest the opposite evaluation by the lower court," said Stefan Schueler, a spokesperson for the court, in a statement cited by Bloomberg. Wiedeking and Haerter put out their own releases saying that there was no merit to the charges.
The prosecutors allege that Wiedeking and Haerter had a plan to buy up VW stock options in 2008 to take the automotive giant over but hid it from investors. The whole thing was a massive failure and eventually allowed VW the chance to acquire Porsche and forced the two execs to step down. In addition to the criminal investigation, hedge funds have attempted to sue the company multiple times in civil court for the same reason, but they have repeatedly failed.

Porsche Macan spied, all lit up and dodging flurries

We've seen the upcoming Porsche Macan testing on surface roads and even on the Nürburgring, but here we have our first spy shots showing a disguised prototype doing some winter testing in snowy conditions. Still obscured by plenty of camouflage attempting to mimic its larger Cayenne sibling, we still can't get a clear look at what the Macan's face and rump are going to look like, although it does appear that some details for the front lighting are starting to emerge.
Below the headlights, those are obviously decals trying to look like turn signal lenses, but it appears that there is still some sort of lighting being hidden judging by the small circles cut into the camo. Lower in the fascia, we can also see there are LED running lights not revealed on past prototypes. The entire rear end of this Macan prototype still appears to be tacked-on camo, but the side view appears to be in production form save for the poorly disguised rear quarter windows.
As we've seen in the past, Porsche engineers are still testing the Macan alongside the Audi Q5 with which it shares its platform. There has been no word as to when we could expect to see the Macan in production or concept form, but we'd have to guess that this compact crossover is getting ready to shed its camo very soon.

2015 Porsche Cayenne S E-Hybrid

Think of the electric motor in the facelifted 2015 Porsche Cayenne S E-Hybrid as the cream filling in an Oreo cookie. Under the hood of this plug-in hybrid crossover is a 333-horsepower, supercharged 3.0-liter V6 with a 95-hp synchronous electric motor sandwiched between it and an eight-speed Tiptronic automatic transmission. The clutched powertrain allows pure combustion, pure electric or a combination of both to drive all four wheels through Porsche's permanent all-wheel-drive system.
Differentiating itself from the Panamera S E-Hybrid sedan, which shares the same basic powertrain and stores energy in a 9.4-kWh battery, the Cayenne crossover is fit with a more robust 10.8-kWh lithium-ion battery that delivers an estimated pure-electric driving range of up to 22 miles at speeds of up to 78 miles per hour.
To be one of the very first US media members to sample Porsche's latest fuel-efficient crossover, the automaker flew us to Frankfurt, Germany, to test the five-passenger Cayenne S E-Hybrid on its home turf.