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Porsche recalls new 911 models over exhaust pipe issues

Porsche, though the National Highway Traffic Safety Administration, announced a voluntary recall on about 2,200 911 Carrera and Carrera 4 models built during the 2012 and 2013 model years. On cars equipped with the standard exhaust system it was found that the tailpipes could separate from the mufflers and become dangerous road debris; models that added the optional sport exhaust system are not included in this recall.
Affected vehicles were built between March and November of last year, but there have been no reports of the problem on any customer-owned vehicles. Porsche first noticed a cracked tailpipe weld on a test vehicle back in May, and since then has found similar problems on other internally owned vehicles, all with more than 25,000 miles on the clock. To fix the problem, dealers will be replacing the mufflers. Scroll down to read the official notice.

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 recalling Macan S and Turbo for fuel leak

Porsche is recalling 58,881 examples of the Macan S and Turbo worldwide because of a possible leak in the low-pressure fuel line in the engine compartment. Of these, there are 21,835 affected in the US and 3,490 in Canada. According to the German automaker, this campaign is "a purely precautionary measure" because there're no reports of any accidents or injuries from the flaw. As a fix, dealers will replace the fuel line, which will take around an hour. Porsche will contact owners directly to arrange for the service. The company discovered the issue "after a precise examination of complaints," according to its statement, and corrected the problem for units in production. Porsche Examines Macan S and Macan Turbo Vehicles October 30, 2015 Possible leak in low-pressure line – affected customers will be contacted directly Atlanta, Georgia. Voluntary safety recall: Porsche is conducting an examination of 58,881 Macan S and Macan Turbo vehicles around the world, of which 21,835 are in the United States and 3,490 are in Canada. The reason for this move is a possible leak in the low-pressure fuel line inside the engine compartment. The line will be replaced in the workshop. This is a purely precautionary measure, as there have been no reports of accidents or injuries as a result of this concern. The problem was identified after a precise examination of complaints and then immediately rectified in ongoing production. Owners of the vehicles will be contacted directly and workshop appointments will be arranged as quickly as possible. The work will take approximately one hour and will be carried out free of charge.