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Porsche finally gives up the goods on 2014 Macan

Preparing a beachhead in the marketplace for the 2014 Porsche Macan crossover has been a years-long project for the German company. We've been hearing and reporting on rumors of the vehicle from its ideation stage and have covered the Macan's birth thoroughly over the last 12 months, including teasers, rumors, spy shots, leaked videos and more. Now, just ahead of the LA Auto Show-debut of Porsche's first-ever compact crossover, the wait for details is at an end.
Porsche will offer the crossover in two flavors to start: Macan S and Macan Turbo. The S model will be fitted with a twin-turbocharged 3.0-liter V6 engine that makes 340 horsepower and will push the vehicle from 0 to 60 miles per hour in 5.2 seconds, then on to a top speed of 156 miles per hour. The Macan Turbo has even more impressive figures on all fronts: an all-new, 400-horsepower, twin-turbo 3.6-liter V6 engine; 0-60 mph in 4.6 seconds; top speed of 164 mph. Both models make use of Porsche's seven-speed PDK dual-clutch transmission as standard.
As impressive as these potent powertrains are the brakes Porsche is fitting to its new crossover. Six-piston monobloc fixed-caliper brakes live up front, grabbing 13.78-inch discs on the S model and tremendous 14.17-inch discs on the Macan Turbo. We're expecting serious stopping performance, to say the least.

CEO says Volkswagen's buying spree is over

After adding Italian motorcycle icon Ducati to its stable and spending $5.6 billion on the rest of Porsche, Volkswagen CEO Martin Winterkorn says he's done shopping for a while.
"We have enough to do at the moment in taking our twelve brands to where we want to be," Winterkorn tells German newspaper Handelsblatt.

Drive-up bank robbery perpetrated with Cayenne and WRX

Thieves carried out what appears to be a movie-script-perfect robbery of a bank in Sydney, Australia early on Friday morning, using two stolen high-performance vehicles in the process.
At around 11:15 AM local time, in near mid-day light, reports say that two men in masks smashed into the side of a Westpac bank in a confirmed-stolen black Porsche Cayenne. The perpetrators were armed with sledgehammers according to witness reports, and took only about five minutes to take what they were after inside of the bank.
The rapid getaway was executed in a Subaru WRX, also confirmed as a stolen vehicle, while witnesses snapped camera phone images of the illicit goings on. One Twitter user posted a few of the images to his social media feed; you can take a look at them in our small gallery below. Follow on down for the full video report, from The Sydney Morning Herald.