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Former Porsche boss Wiedeking won't face criminal charges over VW bid

Hedge fund managers have been suing Porsche for years now, alleging that the car company lied about its intentions during its failed attempt to take over Volkswagen, a gambit that caused them billion in losses. Over the same period, authorities in Stuttgart built a criminal case against former CEO Wendelin Wiedeking (above, left) and Chief Financial Officer Holger Härter (right), filing charges in December 2012. When those fund plaintiffs lost their most recent court case, one of the dimming lights in the dark and receding tunnel was that the criminal investigation might unearth more evidence about Porsche's actions that could help the plaintiffs in pending litigation.
Bloomberg reports that another light has gone out, though, with a Stuttgart court dismissing the market manipulation case before going to trial because, as a court spokesperson said, "there wasn't enough evidence backing up the charges." When prosecutors get the files back from the court, they have a week to decide to refile, but unless they've been sandbagging evidence that could bolster the case, the only lights at the end of the tunnel will be those welcoming Wiedeking and Härter back to the world of legally unencumbered men.

Porsche's Mauer recalls the history of the 918 Spyder, hints about next-gen 911

The night before Porsche handed me the keys to its 2015 Macan to drive on both road and track, the company threw together a great dinner for the assembled media in Leipzig. Hosted in Porsche's spaceship-shaped customer delivery center in the eastern German town, I'll admit that I spent the bulk of my night grabbing hors d'oeuvres from passing waiters (they do a nice tuna sashimi), milling around a collection of historic and interesting vehicles on the top floor and gulping down Warsteiner.
In an era of mega car companies, the story of how the 918 came to be was really refreshing.
Before the evening was over, however, Porsche design chief Michael Mauer stopped by my table to exchange pleasantries and thank us all for coming out to drive the Macan. My fellow diners and I passed a pleasant half-hour or more picking the brain of the forthcoming Mauer, and somehow or another, the topic turned to Porsche's newest supercar, the 918 Spyder. In an era of mega car companies (the Volkswagen Group included) and massive development teams, the story of how the 918 came to be is really refreshing.

Man arrested for stealing part of Paul Walker Porsche wreck

Humans are odd creatures. Some of us collect things associated with bad events, particularly when it comes to cars. Your author, for example, has the grille of his wrecked 2004 Mini Cooper S hanging on the wall. As a more extreme example, an 18-year-old Californian is in trouble with the LA police, but not for taking an item from his own car accident. Instead, he has been arrested for stealing from the wreck of the Porsche Carrera GT that killed actor Paul Walker and racer Roger Rodas.
And it wasn't a small piece, either. It was the Carrera GT's carbon-fiber roof panel. Making matters worse is word that the theft happened while the tow truck that was hauling the wrecked Porsche was sitting in traffic. According to the LA Sheriff's Department report, "A witness saw a male exit a vehicle that was following the tow truck. The male grabbed a piece of the wrecked Porsche off the tow truck bed." Besides the eyewitnesses, it didn't help that images of the roof panel were later posted on Instagram.
The man, Jameson Witty, was later arrested at his home, where police also found the roof panel. The driver of the car Witty was in when he took the roof panel, meanwhile, is planning on surrendering to the police, according to CNN. It remains unclear if the district attorney's office will charge the two, although if it does, they'll be facing felony grand theft and tampering with evidence.