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Porsche again staring down another $1.8B in hedge fund lawsuits

The sequence of events from 2007 that began with Porsche's secret attempt to take over Volkswagen, and instead lead to Porsche being taken over by VW, continues to instigate lawsuits against the Stuttgart sports car manufacturer. A group of hedge funds that suffered over $1 billion in losses sued the car company in New York. Porsche had publicly stated it wasn't trying to buy VW, the hedge funds in question were shorting VW stock, and when Porsche's actual intentions were revealed, the stock shot up and the hedge funds took a beating.
The case was thrown out over the issue of jurisdiction, then appealed, only to see another suit filed on top of that. After that, most of the hedge funds withdrew their claims in New York and Porsche offered a 90-day window to refile in Germany where it is already fighting a number of other suits over the same issue. The hedge funds accepted the offer, refiling in Stuttgart for $1.8 billion in damages. According to Bloomberg, Porsche hasn't commented on the refiling, but as the same plaintiffs are involved, it's safe to assume that the carmaker still feels the case is "unsubstantiated and without merit." It has fared alright so far even in German courts, with two lesser cases against it thrown out last year.

Porsche bringing Macan S Diesel to US instead of 4-cylinder [w/poll]

When Porsche unveiled the new Macan at the LA Auto Show, it announced two powerplants for the US market, both of them twin-turbo V6s: the Macan S equipped with 340 horsepower from its 3.0-liter engine, and the Macan Turbo with 400 horses from 3.6 liters. But those aren't the only engines Porsche will offer in its new compact crossover. Porsche is also offering the Macan S Diesel overseas with 258 hp, and reports have since indicated that a pair of four-cylinder models on their way: a 2.0-liter turbo four with 280 hp and four-pot turbodiesel of the same capacity with an as-yet undisclosed output.
Now Car and Driver is reporting that while those four-cylinder engines won't be making the transatlantic voyage to our shores, Porsche will offer the aforementioned Macan S Diesel in North America beginning in early 2015, nearly a year after the gas V6 versions arrive.
The 3.0-liter turbodiesel V6 is based on the same engine found in the Cayenne Diesel and the Audi Q5 TDI on which the Macan is based. Of course, its 248 hp is substantially less than the 340 ponies in the Macan S, but its 413 pound-feet of torque outshines not only the 339 lb-ft in the Macan S but also the 406 lb-ft in the Macan Turbo. Acceleration times, however, suggest the Macan S Diesel is still slower, with a 6.3-second run to 62 mph than neither the Macan S (5.4 sec) or Macan Turbo (4.8). The good news is that the Macan S Diesel is tipped to undercut the price of both, dropping the oil-burning crossover's MSRP below that of the $49,900 starting price for the Macan S and the $49,600 for the base Cayenne. If that C/D prediction comes to pass, that will make it the Macan S Diesel most affordable Porsche sold.

Porsche Cayenne diesel V8 may not be long for this world

Goodbye, Porsche Cayenne V8 Diesel. We hardly knew ye. Nor did the Europeans, apparently. Porsche's V8 oil burner is still on the European model list for the Cayenne SUV, but the mill won't go through the likely pricey process of being updated to adhere to new and stricter European emissions standards, Just-Auto says. A Porsche spokesman confirmed to the publication that it's a fairly complicated process to update the diesel V8 to be so-called "Euro-6 compliant." With Cayenne diesels selling in relatively low volumes anyways, the German automaker might just dump the V8 diesel altogether, as it'd be quite cost-ineffective to make the necessary upgrades. The V8 diesel was a 4.1-liter engine that delivered 385 horsepower in addition to what sounds like a little too much exhaust for European clean-air regulators. While that's a pretty powerful profile, the most recent gas-powered V8 for the Cayenne delivers about 570 horsepower, so the diesel engine won't likely be missed by European auto enthusiasts. Besides, there's still the V6 diesel that's also sold in the US. That's a 4,800-pound beast that moves from 0 to 60 miles per hour in about seven seconds and gets a relatively (for diesels) modest 20 miles per gallon city. For those who are curious, Autoblog's First Drive review of that model can be found here.