1984 Porsche 911 Carrera on 2040-cars

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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.

DP Motorsport tries to turn a vintage Porsche 911 into a sleeper

Once you get past the fact that it's hard to call a car a sleeper when it has race-product stickers on its quarter panel, and the script across the back panel reads "Porsche 911 3.2 Sleeper," it's fun to imagine what this car can do. Celebrating the 50th anniversary of the Porsche 911, Germany's DP Motorsport took a model from 1986, stripped it of everything - including the paint and undercoating - then replaced everything with lightweight and race-ready parts.
In went race cams and ported cylinder heads, a lightweight flywheel, an RSR titanium racing exhaust, 935-style lollipop seats and RSR carpeting, a lightweight battery, perforated and galvanized hinges and brackets, hardened perspex windows. The 3.2-liter engine puts out 270 horsepower - 70 hp above the stock 911 on sale here in 1986 - and 226 pound-feet of torque through a limited slip differential to staggered wheels. The exterior color is metallic rock-green lacquer.
If you want one, $120,00 is where the part starts, but DP Motorsport says it offers the parts individually if you don't need your vintage Porsche to sleep this hard. On a side note, for a chucklesome journey back in time, check out this review of the 1986 911 that gets things going with this line: "First off, the Porsche 911 is very expensive - how does about 40 thou grab you?" Back on topic, there's a press release below that tells the rest of the story of the 3.2 Sleeper.

Season 9 of Comedians in Cars Getting Coffee teases us with BMWs and Volvos

Jerry Seinfeld's successful online show Comedians in Cars Getting Coffee is heading into its ninth season, returning January 5th. It should be no surprise that the list of actors and comedians is impressive, with Kristen Wiig, Christoph Waltz, and more making appearances. Seinfeld has lined up an equally impressive list of cars for the new season. Porsche, BMW, and Volvo all have beautiful machines lined up to shuttle Seinfeld and his guest to different coffee shops. As always, it's a mix of light humor packed into a relatively short and, most importantly, free video. Catch up on the previous eight seasons now on Crackle. Related Video: News Source: YouTubeImage Credit: YouTube Celebrities Humor Acura BMW Cadillac Porsche Volvo Convertible Coupe Luxury Performance Classics Videos Sedan trailer jerry seinfeld comedians in cars getting coffee seinfeld