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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.

2014 Porsche Panamera 4S Executive

If the idea of a Porsche sedan (or, long hatchback) is still off-putting to you, then you might want to look away now. For 2014, the polarizing Panamera has received a midcycle refresh bringing slightly different styling, as well as adding two new models to the lineup, the S E-Hybrid and the stretched-wheelbase Executive. Having focused most of my recent trip to Germany on a First Drive of the intriguing plug-in Panamera, I also got to spend some time with the roomier Executive model.
Offered in both 4S and Turbo guise, the Panamera Executive has been stretched by almost six inches for the sole purpose of improving rear passenger space. Although it's hard to imagine anyone would willingly buy a Porsche and opt to sit in the back seat, I'd have to say that if I'm going to be chauffeured around in a car, why not make it a Porsche? For the most part, though, I'm guessing that many Panamera Executive sedans will be owned by people who want to one-up their buddy driving a stretched BMW 7 Series or Mercedes-Benz S-Class.
Driving Notes:

2015 Porsche Cayenne spotted with facelift

Although it's only been a few years since the current Porsche Cayenne was introduced, Porsche seems to be working on a midcycle update for its big SUV possibly in time to welcome the smaller Macan. As seen in these recent spy shots, it looks like the Cayenne will be getting a minor face- and butt-lift, but it's hard to say what other changes are in store or when the updated model will hit showrooms.
Up front, expect the Cayenne's new face to resemble what was just revealed on the 2014 Panamera, and we could also see this SUV using some of the new engines introduced on the Panamera including the 3.0-liter twin-turbo V6 or maybe even the E-Hybrid model. We're guessing that the new Cayenne could debut sometime next year likely for the 2015 model year. In the meantime, check out the gallery of spy shots above.